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U.S. flag themed wearables are displayed at the Yiwu International Trade Market in Yiwu, eastern China's Zhejiang province, Thursday, April 10, 2025. (AP Photo/Ng Han Guan)

As Trump alienates allies with US tariffs, China is poised to exploit the gaps

Donald Trump is trying to to turn his global trade war into a one-on-one showdown with China. In doing so, he’s alienated some of the key U.S. partners who could boost America’s position in a fight between the world’s largest economies.

President Donald Trump is displayed on a television on the floor at the New York Stock Exchange in New York, Wednesday, April 9, 2025. (AP Photo/Seth Wenig)

Trump’s ‘buy’ tip on social media before his tariffs pause made money for investors who listened

Trader Jonathan Mueller works on the floor of the New York Stock Exchange, Thursday, April 10, 2025. (AP Photo/Richard Drew)

US stocks dive as euphoria on Wall Street reverts to fear about US-China trade war

President Donald Trump departs after an event in the East Room of the White House, Tuesday, April 8, 2025, in Washington. (AP Photo/Alex Brandon)

Where things stand for Trump in global tariff battle

President Donald Trump speaks after signing an executive order in the Oval Office of the White House Wednesday, April 9, 2025, in Washington. (Pool via AP)

The week that Trump pushed the global economy to the brink with tariffs — and then pulled back

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Personal finance

Personal finance news from The Associated Press

STORIES UNDER 60 SECONDS

Video captures a helicopter crash in the Hudson River

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Egg prices increase despite Trump’s predictions and bird flu outbreak slowing

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House-approved budget framework for Trump’s ‘big’ bill explained

0:41

NAIGC provides a safe space for trans athletes in gymnastics

0:58

Where things stand for Trump in global tariff battle

0:49

Transportation Sec. Sean Duffy calls NYC congestion pricing ‘elitist’

1:30

Watch one of the most active volcanoes in the Philippines erupt

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‘White Lotus’ actor Sarah Catherine Hook talks deleted sex scene

1:01

Commuter train crashes into tractor-trailer

0:11

Trump administration halts $1 billion in funding for Cornell and $790 million for Northwestern

0:49

Nemanja Matic: ‘Andre Onana is one of Manchester United’s worst-ever goalkeepers’

0:55

Briana DeJesus: ‘Teen Mom’ still reveals the struggles of teen parenthood

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Titus Welliver talks ‘Bosch’ ending after three seasons

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Drone footage shows damage after club roof collapsed in the Dominican Republic

0:10

Olivia Munn says she was intimidated working with Jon Hamm

0:56

Tariffs concern shoppers at Asian supermarkets in the US

1:12

LeBron James reacts to his new Barbie ‘Ken’ doll

0:46

AG Pam Bondi says mistakenly deported Maryland man ‘should stay where he is’

1:26

RFK Jr. says he plans to tell CDC to stop recommending fluoride in drinking water

0:57

Ralph Macchio is now a Black belt in karate

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How did Freddie Mercury role change Rami Malek?

1:01

Lindsay Lohan wants to pivot from romantic comedies

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‘Black Mirror’ creator Charlie Brooker is wary of AI

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Caitriona Balfe teases ‘Outlander’ finale

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Kristen Stewart praises working with Michael Cera

0:43

Prince Harry arrives at court to appeal losing access to his security detail

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Walton Goggins talks deep connection with his ‘White Lotus’ co-star

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Video captures freight train crashing through grain truck

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How Trump’s latest tariffs could affect your wallet

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Luke or Nick? Who should June choose at the end of ‘Handmaid’s Tale’?

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Financial Markets

Truck await to load shipping containers at the Port of Los Angeles Wednesday, April 9, 2025, in Los Angeles. (AP Photo/Damian Dovarganes)

Another U-Turn: Trump reverses tariffs that caused market meltdown, but companies remain bewildered

Personal Finance

This Oct. 24, 2016 file photo shows dollar bills in New York. (AP Photo/Mark Lennihan, File)

Gray divorce: 10 financial and tax issues you must know after 50

Economy

Traders work on the trading floor of the Frankfurt Stock Exchange in Frankfurt, Germany, the day after U.S. President Donald Trumpannounced a 90-day pause on 'reciprocal' tariffs, Thursday, April 10, 2025. (AP Photo/Martin Meissner)

Germany’s economy is expected to be more or less stagnant this year

Tech

Hackers breach Morocco’s social security database in an unprecedented cyberattack

More news

People attend a celebration for the start of Tesla operations in Saudi Arabia in historic Diriyah near Riyadh, Saudi Arabia, on Thursday, April 10, 2025 (AP Photo/Baraa Anwer)

Tesla launches in Saudi Arabia with its first showroom and service center in Riyadh

Tesla has officially launched in Saudi Arabia, marking a new chapter in the company’s global expansion after Elon Musk’s troubled relationship with the kingdom.

John Bowers works on the floor at the New York Stock Exchange in New York, April 9, 2025. (AP Photo/Seth Wenig)

AP Week in Pictures

April 4 -10, 2025

Could utility gear set your neighborhood on fire? California risk maps are 8 years old

Consumer advocates argued for more up-to-date maps that could help assess risk to communities and impose more stringent requirements for utility infrastructure within high-threat areas. The maps show the risk of a wildfire caused by equipment owned by the state’s three major investor-owned utilities

A guard stands at the entrance of the Central Bank in Buenos Aires, Argentina, Nov. 21, 2023. (AP Photo/Natacha Pisarenko, File)

Deal extension allows Trump ally Argentina to borrow another $5 billion from China

China has renewed a currency swap agreement with Argentina equivalent to $5 billion for another year, easing some pressures on Argentina’s dwindling foreign reserves and underscoring the strategic importance of the countries’ partnership despite recent criticism from the Trump administration.

Ken Garcia, manager of Quality Seafood, jumps off of a friend's shrimp[p boat, Wednesday, April 9, 2025, in Palacios, Texas. (AP Photo/Eric Gay)

Meet the Gulf shrimpers rooting on Trump’s tariffs in a Texas fishing town

While American consumers and markets wonder and worry about President Donald Trump’s on-again, off-again tariffs, Gulf coast shrimpers are cheering him on. They hope tariffs will be a safety net to prop up their struggling business.

How major US stock indexes fared Thursday, 4/10/2025

U.S. stocks surrendered a chunk of their historic gains from the day before as President Donald Trump’s trade war continues to threaten the economy. The S&P 500 fell 3.5% Thursday.

Rep. Marjorie Taylor-Greene, R-Ga., presides over a House Committee on Oversight and Government Reform Subcommittee on Delivering on Government Efficiency hearing on Capitol Hill, Feb. 12, 2025, in Washington. (AP Photo/Rod Lamkey, Jr., file)

Rep. Marjorie Taylor Greene bought stocks hit hard by Trump tariffs during the market meltdown

Marjorie Taylor Greene bought some high profile stocks last week as other investors were bailing out of the market. That is according to required disclosure forms the Georgia congresswoman has filed with the federal government.

Treasury Secretary Scott Bessent speaks to reporters outside the West Wing of the White House, Wednesday, April 9, 2025, in Washington. (AP Photo/Evan Vucci)

US budget deficit grows to $1.3 trillion, the second highest six-month level on record

The U.S. budget deficit has grown to more than $1.3 trillion in the first half of the fiscal year. The Treasury Department says it’s the second highest six-month deficit on record.

S&P 500 falls 3.5% as Wall Street swings from euphoria back to worries about US-China trade war

S&P 500 falls 3.5% as Wall Street swings from euphoria back to worries about US-China trade war.

Jo-Ann Snyder reacts when she see's the check from Publishers Clearing House at her home in Wilkes-Barre Twp., Feb. 23, 2018. (Aimee Dilger/The Times Leader via AP)/The Times Leader via AP, file)

Publishers Clearing House, known for its ‘Prize Patrol’ sweepstakes, files for bankruptcy

Publishers Clearing House, a decades-old marketing and sweepstakes company known for doling out large “Prize Patrol” checks, has filed for Chapter 11 bankruptcy protection.

A worker organizes fabric at a textile manufacturer in Sao Paulo, Wednesday, April 9, 2025. (AP Photo/Andre Penner)

Brazil to prioritize negotiation after US trade tariffs, official says

Brazil’s strategy to address extra tariffs imposed by President Donald Trump is to combine negotiations with the U.S. while it expands trade agreements with other countries, a top foreign trade official said Thursday.

U.S. flag themed wearables are displayed at the Yiwu International Trade Market in Yiwu, eastern China's Zhejiang province, Thursday, April 10, 2025. (AP Photo/Ng Han Guan)

Trump’s tariffs threaten to end quarter-century era of cheap goods for U.S. consumers

President Donald Trump’s new tariffs threaten to push up prices on clothes, mobile phones, furniture and many other products in the coming months.

The Hyundai Motor Group Metaplant America is seen, March 26, 2025, in Ellabell, Ga. (AP Photo/Mike Stewart, file)

US regulators finish review of Hyundai plant’s Georgia water permit, finding no changes needed

U.S. regulators have concluded a monthslong review of their environmental permit for Hyundai’s $7.6 billion electric vehicle plant in Georgia, finding that no changes are needed.

Matumelo Manosa, center, works in a garment factory in Maseru, Lesotho, Thursday, Feb. 24, 2022. (AP Photo/Neo Ntsoma, file )

African nations that faced steep Trump tariffs get some relief but mostly more uncertainty

African nations that were facing some of the steepest reciprocal tariffs from the Trump administration have been given a moment of relief with the pausing of the duties.

Stranded passengers wait at Jorge Newbery airport during a general strike against the austerity measures of President Javier Milei in Buenos Aires, Argentina, Thursday, April 10, 2025. (AP Photo/Rodrigo Abd)

General strike against President Milei’s austerity disrupts Argentina

Argentina’s trains and subways were disrupted, flights grounded, grain shipments interrupted, mail delivery halted and banks and some gas stations shuttered as unions held a general strike against the libertarian government of President Javier Milei.

Bernice King daughter of Martin Luther King Jr., speaks during a news conference at the King Jr Center Thursday, Jan. 4, 2024, in Atlanta. (AP Photo/John Bazemore, File)

Bernice King reflects on the Fair Housing Act, made law after her father’s killing

Bernice King warns decades of work to reduce inequities in housing is at risk, as the Trump administration cuts funding for projects and tries to reduce funding for nonprofits that handle housing discrimination complaints.

This image provided by South Bow shows a spill from the Keystone oil pipeline that occurred Tuesday, April 8, 2025 near Fort Ransom, N.D. (South Bow via AP)

Company says thousands of gallons of oil have been recovered from a pipeline spill in North Dakota

Workers have recovered thousands of gallons of crude oil from an underground pipeline spill on North Dakota farmland. However, the owner of the line says Thursday it remains unclear when oil will again start flowing to refineries.

Hawaii lawmakers wrangle HECO rescue bills as session deadline looms

HECO and its parent company, which were found to have started the Lahaina fire, have made enormous progress since the August 2023 catastrophe. Most notably HECO settled lawsuits brought by more than 2,000 fire victims as part of a global settlement brokered by Gov. Josh Green and blessed by the Hawa

Kathleen Sgamma, President, Western Energy Alliance, speaks during a House Committee on Natural Resources hearing on America's Energy and Mineral potential, Feb. 8, 2023, on Capitol Hill in Washington. (AP Photo/Mariam Zuhaib, File)

Trump nominee for public lands post withdraws after her criticism of Jan. 6 attack surfaces

President Donald Trump’s nominee to oversee an agency that manages a quarter-billion acres of public land has withdrawn her nomination.

S&P 500 loses 5%, more than half its prior historic gain, after White House clarifies US is tariffing China at 145%