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Updated: 9 hours 35 min ago

World stock markets edge higher as U.S.-China trade tariffs kick in

Fri, 07/06/2018 - 3:21pm
World stock markets rose and the euro climbed to a three-week peak on Friday as the threat of tariffs by the United States and China on billions of dollars of trade became a reality, though concerns about the conflict escalating capped the appetite for risk.

Factbox: What will British ministers discuss at crunch Brexit meeting?

Fri, 07/06/2018 - 3:11pm
British Prime Minister Theresa May will gather her senior ministers for talks on Friday that she hopes will settle differences in her fractious cabinet about Brexit and unblock stalled talks with the European Union.

U.S. job growth underscores economy's strength, tariffs a threat

Fri, 07/06/2018 - 2:52pm
The U.S. economy created more jobs than expected in June, but steady wage gains pointed to moderate inflation pressures that should keep the Federal Reserve on a path of gradual interest rate increases this year.

Tariffs on U.S.-made models will mean pricier BMWs in China

Fri, 07/06/2018 - 2:51pm
German luxury automaker BMW said on Friday that it will be unable to "completely absorb" a new Chinese 25 percent tariff on imported U.S.-made models and will have to raise prices on the vehicles it makes in Spartanburg, South Carolina.

USTR sets 90-day deadline for China tariff exclusion requests

Fri, 07/06/2018 - 2:51pm
Companies seeking product exclusions from tariffs on Chinese goods imported into the United States will get 90 days to file such requests, until Oct 9, the U.S. Trade Representative's office said on Friday.

Syrian army seizes border crossing with Jordan - Hezbollah-run media

Fri, 07/06/2018 - 2:11pm
Syrian government forces seized control of the Nassib border crossing with Jordan on Friday, a military news service run by the Lebanese group Hezbollah said, after Russia concluded a surrender agreement with rebels in the area.

Convoy with Syrian and Russian flags advancing near Nassib border crossing - witnesses

Fri, 07/06/2018 - 2:11pm
Hundreds of troops in a large military convoy with Russian and Syrian flags are close to Syria's Nassib border crossing with Jordan, witnesses said.

Russia will guarantee return of displaced Syrians in south - rebel sources

Fri, 07/06/2018 - 2:11pm
Syrian civilians who fled a government offensive in southwestern Syria will be able to return to their homes with Russian guarantees of protection as part of a deal brokered by Russia on Friday, rebel sources said.

Israeli air strike hits Syria at Golan frontier

Fri, 07/06/2018 - 2:11pm
The Israeli air force struck a position on Friday on the Syrian side of the Golan Heights frontier, sources on both sides said.

Jordan says return of displaced Syrians in southern Syria is top priority

Fri, 07/06/2018 - 2:11pm
Jordan's foreign minister said on Friday the return of tens of thousands of displaced Syrians in southern Syria is the kingdom's top priority and he had discussed "practical guarantees" with concerned parties.

Inside Qatar's charm offensive to win over Washington

Fri, 07/06/2018 - 2:05pm
There was much bonhomie as a few dozen people, including members of Congress and U.S. administration officials, gathered last week for dinner in a posh Washington neighborhood in honor of Qatar's foreign minister.

U.S. tells court migrant families may not be reunited by deadline

Fri, 07/06/2018 - 2:01pm
The U.S. government may not meet a court-ordered deadline to reunite migrant parents with their children who were separated after illegally crossing the U.S.-Mexico border, according to court documents filed overnight.

Wall Street takes some knocks but still standing as trade war escalates

Fri, 07/06/2018 - 11:10am
Fears of a global trade war have left Wall Street bruised but not beaten, even after the United States and China imposed tit-for-tat duties on $34 billion worth of each other’s imports on Friday.

Struggling to save nuclear deal, Iran and world powers meet

Fri, 07/06/2018 - 4:28am
Iran wants world powers to present measures guaranteeing oil revenue and investment into the country despite U.S. sanctions when ministers meet on Friday to save the 2015 nuclear deal, but European states will fall short of its demands, diplomats said.

Germany says Iran package will not fully compensate for U.S. sanctions

Fri, 07/06/2018 - 4:27am
Germany's foreign minister said on Friday world powers would not be able to fully compensate for companies leaving Iran due to new U.S. sanctions, but warned Tehran that abandoning its nuclear deal would cause more harm to its economy.

As tariffs strike, China blames U.S. for 'largest-scale trade war'

Fri, 07/06/2018 - 4:08am
The United States and China slapped tit-for-tat duties on $34 billion worth of the other's imports on Friday, with Beijing accusing Washington of triggering the "largest-scale trade war" ever in a sharp escalation of their months-long conflict.

The fallout in commodities from the U.S.-China Trade war: what's at stake

Fri, 07/06/2018 - 4:08am
Washington imposed tariffs on $34 billion of Chinese imports on Friday and Beijing has said it will retaliate with punitive measures on U.S. products worth a similar amount, including soybeans, pork and cotton.

China says has begun implementing some retaliatory tariffs on U.S. goods

Fri, 07/06/2018 - 4:01am
China's Foreign Ministry said on Friday that Beijing has already begun implementing tariffs on some U.S. goods in retaliation for U.S. duties on $34 billion in Chinese imports, which took effect the same day.

Moscow and Beijing want to save Iran nuclear deal: RIA cites Russian foreign minister

Fri, 07/06/2018 - 3:51am
Russian Foreign Minister Sergei Lavrov said on Friday that Russia and China were interested in saving the Iran nuclear deal, the RIA news agency reported.

Stocks, euro rise as shots fired in U.S.-China trade war

Fri, 07/06/2018 - 3:23am
The imposition of tariffs by the United States and China on billions of dollars of trade was absorbed calmly by markets on Friday with stocks edging higher and the euro climbing a three-week peak, but concerns about the conflict escalating capped gains.

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