BEIJING (AP) – World shares were mostly higher today after President Donald Trump suggested a costly tariff war with China could be resolved soon. Germany’s DAX advanced 0.5%, France’s CAC 40 jumped 0.8% and Britain’s FTSE gained 1.1%. In Asia, Japan’s Nikkei closed up 0.1% while Hong Kong’s Hang Seng gained 0.4%. The Shanghai Composite Index lost 0.9%. Wall Street looked set for gains, with futures for the Dow and the S&P 500 up 0.2%.
BEIJING (AP) – The Chinese government says that Chinese importers have agreed to buy American soybeans and pork. The announcement comes as the two sides make conciliatory gestures ahead of talks next month aimed at ending a costly tariff war with President Donald Trump over trade and technology. Meanwhile, China is still demanding that Washington drop sanctions imposed on Chinese companies and executives for transporting Iranian oil.
TOKYO (AP) – Japanese automakers are urging the government to do more to support the industry after Prime Minister Shinzo Abe signed a trade deal with President Donald Trump that keeps auto tariffs in place. The agreement covers agricultural, industrial and digital trade. Industry officials were hoping to see auto tariffs eliminated. Japan only got a U.S. promise of no more for now. Toyota’s leader urged government officials to do more for the industry.
NEW YORK (AP) – Walmart’s Sam’s Club is teaming up with several health care companies to offer discounts on everyday care its customers might delay or skip because of the cost. Starting early October, Sam’s Club members in Michigan, Pennsylvania and North Carolina, will be able to buy one of four bundles of health care services ranging in annual fees from $50 for individuals to $240 for a family of up to six members. The pilot program could potentially be rolled out to members in all the states.
PORTLAND, Ore. (AP) – Vaping products have been one of the fastest-growing segments of the legal marijuana industry, but they’re taking a hit from consumers as public health experts scramble to determine what’s causing a mysterious and sometimes fatal lung disease among people who use e-cigarettes. The amount of the legal pot industry’s revenue that comes from vape products has dropped by 15% nationwide, with some states, including Oregon, seeing decreases of more than 60%.