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China: Trump’s tariffs could damage trade ties

PARIS — China warned Monday that U.S. President Donald Trump’s latest tariff moves could harm the countries’ trade relationship, at the end of high-level talks in Paris. Li Chenggang, China’s international trade representative, said the Chinese side had expressed serious concern about trade investigations into manufacturing in foreign countries that the Trump administration launched after the U.S. Supreme Court struck down its earlier tariffs. “We are concerned that the possible results of such investigations may interfere with or damage the hard-won and stable ...

Cambodia drafts law targeting online scams

SIEM REAP, Cambodia — Cambodia said Friday it has drafted its first law targeting online scam centers, after vowing to shut them down by the end of April. Cambodia is a major hub for scam operations, which extort money from victims online through bogus investment schemes and feigned ...

US stocks lose ground as war with Iran keeps pressure on oil prices

Wall Street’s losses deepened Friday as the ongoing fallout from the war in Iran keeps pushing oil prices higher, ratcheting up inflationary pressure on the global economy. The S&P 500 fell 0.6% after having been up as much as 0.9% in the early going. The benchmark index is now down 3.1% so far this year. The Dow Jones Industrial Average lost 0.3%, and the Nasdaq composite finished 0.9% lower. The indexes also ended the week with their third straight weekly loss. After briefly easing early Friday, crude oil prices rose again, bringing the benchmark oil price back above $100 a ...

Ticker: Senate passes bipartisan housing bill

In a rare bipartisan effort for a deeply divided Congress, the Senate has passed a broad bill to make U.S. housing more accessible and affordable. The bill passed on Thursday would reduce regulations, regulate corporate investors and expand how housing dollars can be used to build affordable homes and rentals. Lawyers make cases to jury in social media trial After about a month of hearing from addiction experts, therapists, platform engineers and executives, including Mark Zuckerberg, a jury is listening to closing arguments before heading to the deliberation room to decide whether ...