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Trump's tariffs aren't the biggest trade problem. Will China step up to protect the WTO?

Special To The Washington Post. On Friday, the Trump administration ramped up tariffs on Chinese products, the latest in a series of U.S. potshots against China’s trade practices. But there’s a deeper trade rift that may have more far-reaching consequences if neither China nor the Trump...


Business

Google to invest $550 million in Alibaba rival JD.com

China Google JD

SEOUL, South Korea (AP) — Google said Monday that it will invest $550 million in Alibaba’s main rival JD.com as the U.S. tech giant seeks to expand in fast-growing Asian e-commerce markets. Under the partnership, JD.com products will appear on Google’s shopping service, giving JD.com access to...


Business

EU trade commissioner says trade liberalization has momentum

Australia European Trade

CANBERRA, Australia (AP) — Trade liberalization continues to have global momentum despite recent U.S. tariffs on steel and aluminum imports, the European trade commissioner said Monday as she launched free trade negotiations between the European Union and Australia. Trade Commissioner Cecilia...


Business

AP Top Business News at 7:58 a.m. EDT

‘Incredibles 2’ crushes animation record with $180 million Audi CEO detained in diesel emissions case World stocks slide over trade tensions, German politics Google to invest $550 million in Alibaba rival JD.com EU extends sanctions against Russia for a year over Crimea Germany will fail 2020...


Business

World stocks slide over trade tensions, German politics

Japan Financial Markets

SINGAPORE (AP) — Global stocks dropped Monday on concerns over trade as the U.S. and China scheduled the start of tariffs on each other’s goods, and a row over migrants threatened the German government. Markets in China and Hong Kong were closed for a holiday. KEEPING SCORE: Germany’s DAX lost 1.3...


Business

Germany will fail 2020 climate goals, now eyes 2030 target

Germany Big Cleanup

BERLIN (AP) — Germany’s environment minister says the country will likely miss its target of cutting carbon emissions by 2020, an embarrassment for a government that wants to lead the charge on limiting climate change. Minister Svenja Schulze said Monday the goal of cutting carbon emissions by 40...


Business

EU extends sanctions against Russia for a year over Crimea

BRUSSELS (AP) — The European Union has extended sanctions against Russia for a year over its annexation of Ukraine’s Crimean Peninsula in 2014. The EU said in a statement on Monday that it “remains firmly committed to Ukraine’s sovereignty and territorial integrity” and said that it continued to...


Business

In DC primary, minimum wage is the main topic of discussion

DC Primary

WASHINGTON (AP) — The mayor and congressional delegate may top the ballot in Washington, D.C.‘s primary on Tuesday, but the real drama for voters has to do with waiters, waitresses, bartenders and busboys. Incumbent Mayor Muriel Bowser is expected to glide through to the nomination with no...


Business

Apple aims to solve problems locating 911 calls for help

Apple-Smarter 911

SAN FRANCISCO (AP) — Apple is trying to drag the U.S.‘s antiquated system for handling 911 calls into the 21st century. If it lives up to Apple’s promise, the next iPhone operating system coming out in September will automatically deliver quicker and more reliable information pinpointing the...


Business

AAA: Michigan gas prices rise 2 cents to $3.03 per gallon

DEARBORN, Mich. (AP) — AAA Michigan says average gas prices statewide have risen about two cents in the past week to about $3.03 per gallon. The Dearborn-based auto club said early Monday that the average price for self-serve regular unleaded gasoline is about 70 cents more than at the same point...


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