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Trump administration will raise tariffs on European aircraft
The Trump administration announced it would increase tariffs on European aircraft in an effort to ramp up pressure in a long-running airplane subsidy dispute.
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From toys to Teslas, China’s coronavirus disrupts flow of global business
Like many other American staples and luxuries, L.O.L. Surprise! dolls are made in China. Chatsworth-based MGA Entertainment has them manufactured in Guangdong province, trucked to the port in Yantian...
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Apple warns China virus will cut iPhone production, sales
CUPERTINO, Calif. (AP) — Apple Inc. is warning investors that it won’t meet its second-quarter financial guidance because the viral outbreak in China has cut production of iPhones. The Cupertino,...
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Apple warns that coronavirus will hurt revenue
Supply is a problem, the company warned, as factories slowly reopen in China, and demand is down, too, with stores there still mostly closed.
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Expeditors, already battered by China slowdown, says full impact of...
Even before the epidemic started, said Expeditors, its earnings for the quarter ended Dec. 31 were down 23%, which it attributed primarily to "slowing trade to and from China."
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Airlines foresee first global traffic drop since 2003
The estimate shaves about 4.7 percentage points off of a passenger-traffic forecast issued just two months ago, with almost all of the impact in the Asia-Pacific region, according to the International...
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Deere sees some stability on farms in bruising trade fight
Deere had a surprisingly strong first quarter after an extended period in which it was bruised by the ongoing trade war between the United States and China. “Farmer confidence, though still subdued,...
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Virus outbreak chills markets, outlook for global economy
FRANKFURT, Germany (AP) — The widening coronavirus outbreak threatens to seriously disrupt the global economy, just as it was steadying itself against headwinds from the U.S.-China trade dispute. Amid...
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U.S. companies so far are surviving China’s factory shutdown. But the next...
Manufacturers are struggling to get enough workers, protective masks and raw materials to spring back to life.
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Amazon asks employees not to travel unless necessary
The company, with a global workforce of 798,000, had previously restricted travel to China.
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Coronavirus effect staggers the aviation industry as air travel shrivels
The keynote speaker at an industry conference warned of a "period of great uncertainty" and the likelihood of "significant airline failures" in 2020.
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‘This is not a drill’: WHO urges the world to fight virus
BANGKOK (AP) — The global march of the new virus triggered a vigorous appeal from the World Health Organization for governments to pull out “all the stops” to slow the epidemic, as it drained color...
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Trump adviser Larry Kudlow says to avoid Seattle during coronavirus outbreak
The president's economic adviser also urged Americans not to overreact to the outbreak.
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Trump Administration Blocks Chinese Acquisition of Hotel Software Company
The Trump administration said there was “credible evidence” that Beijing Shiji Information Technology and its Hong Kong subsidiary might “take action that threatens to impair the national security of...
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In rural Washington, coronavirus outbreak takes a big bite out of pulp and...
A pulp mill in Cosmopolis, Grays Harbor County, does nearly all of its business with China. But exports have cratered since the outbreak of coronavirus. It's unclear when markets might pick back up.
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Trump met Brazilian official who tested positive for coronavirus
A close aide to Brazil’s president who attended a dinner with Donald Trump at Mar-a-Lago over the weekend tested positive for coronavirus. Fabio Wajngarten, President Jair Bolsonaro’s communications...
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Airlines cancel flights and lay off workers as stocks plummet
The Trump administration’s 30-day ban on most travelers from continental Europe because of the coronavirus has dealt a fresh blow to the industry. Norwegian will temporarily halve its staff.
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Trump says coronavirus travel restrictions to Washington ‘possibility’; local...
Could Trump institute a ban on travel to the state of Washington? The President indicated Thursday that this is a possibility. His off-the-cuff comments have already worried those in the local travel...
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2 Seattle cargo terminals close as coronavirus, trade war slow shipping;...
The combined effects of coronavirus and the U.S.-China trade war have caused cargo volumes to fall by as much as 30% compared to this time last year.
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Cargo volumes fall in February due to coronavirus-linked shipping...
Thirty-two cargo vessels have cancelled their sailings in the first three months of this year, compared to just 12 over the same period last year.
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