Wall Street Closes Higher as China Tariff Fears Ease

Wall Street’s three major indexes staged a comeback to close around 1 percent higher Wednesday as investors turned their focus to earnings and away from a trade conflict between the United States and China that wreaked havoc in earlier trading. After investors fled equities in the morning because of proposed retaliatory tariffs from China, …

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US Unveils Tariffs on $50 Billion Worth of Chinese Imports

The Trump administration on Tuesday raised the stakes in a growing trade showdown with China, announcing 25 percent tariffs on some 1,300 industrial technology, transport and medical products to try to force changes in Beijing’s intellectual property practices. The U.S. Trade Representative’s office unveiled a list of mainly non-consumer products …

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US States Vow to Defend Auto Fuel Efficiency Standards

Nearly a dozen U.S. states and Washington, D.C., on Tuesday promised to defend federal automobile efficiency standards against a rollback proposed this week by Scott Pruitt, the head of the Environmental Protection Agency. “All Americans … deserve to enjoy fuel-efficient, low-emission cars and light trucks that save money on gas, improve our health and support …

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French Rail Workers Launch Strike

French railway workers went on strike Tuesday in the first of a series of planned work stoppages in protest of the government’s plans to institute reforms to the system. Only a fraction of trains were running across the country, leaving platforms packed with people and roads clogged with commuters who …

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