Latest International trade News

UN assembly condemns Myanmar coup, calls for arms embargo

Jun. 18, 2021 16:27 PM EDT

UNITED NATIONS (AP) — In a rare move, the U.N. General Assembly on Friday condemned Myanmar’s military coup and called for an arm embargo against the country in a resolution that demonstrated widespread global opposition to the junta and demanded the restoration of the country’s...

AP Interview: India says it hopes to resume vaccine exports

Jun. 18, 2021 12:23 PM EDT

NEW DELHI (AP) — India, the world’s largest manufacturer of vaccines, wants to resume exports of coronavirus doses but can’t do so until its domestic needs are met, the head of the country’s COVID-19 task force said Friday. “Once our immediate need of...

Indian COVID-19 official says the country wants to resume coronavirus vaccine exports but can't until its needs are met.

Jun. 18, 2021 12:23 PM EDT
NEW DELHI (AP) — Indian COVID-19 official says the country wants to resume coronavirus vaccine exports but can't until its needs are met.

Scotch whisky makers welcome suspension of costly US tariffs

Jun. 17, 2021 16:33 PM EDT

LONDON (AP) — Scotch single malt whisky makers breathed a sigh of relief Thursday after the United States agreed to suspend tariffs on one of Scotland's main exports in the wake of the resolution of a long-standing transatlantic trade row over subsidies to aircraft companies Boeing and...

In trade row, UK asks EU to delay post Brexit 'sausage ban'

Jun. 17, 2021 15:28 PM EDT

LONDON (AP) — The European Union said Thursday that Britain has asked for a three-month delay in bringing in some post-Brexit trade checks that are causing tension between the two sides, and instability in Northern Ireland. The EU’s executive Commission said the U.K....

Turkey's central bank keeps interest rate unchanged at 19%

Jun. 17, 2021 08:00 AM EDT

ISTANBUL (AP) — Turkey’s central bank left its key benchmark interest rate unchanged at 19% on Thursday. The bank said in a statement that the interest rate would be determined at a level about inflation and a “tight” monetary policy would continue “to maintain...

The Latest: Pro-Navalny protest in Geneva on eve of summit

Jun. 15, 2021 16:17 PM EDT

The Latest on U.S. President Joe Biden's trip to Europe: GENEVA — A few dozen supporters of jailed Russian opposition leader Alexey Navalny have staged a colorful, cheeky rally in Geneva, in the hope of sending a message to Russian President Vladimir Putin ahead of his...

Airbus-Boeing deal eases US-EU tensions but conflicts remain

Jun. 15, 2021 15:32 PM EDT

BRUSSELS (AP) — The deal the United States and the European Union reached Tuesday to end their long-running rift over subsidies to Boeing and Airbus will suspend billions in punitive tariffs. It will ease trans-Atlantic tensions. And it will let the two sides focus on a common economic...

Australia, Britain reach free trade deal to cut many tariffs

Jun. 15, 2021 09:56 AM EDT

LONDON (AP) — Britain and Australia announced the broad outlines of a free trade deal Tuesday, eliminating tariffs on a wide range of goods as the U.K. seeks to expand links around the world following its exit from the European Union. The pact is expected to boost...

EU chief: EU-UK should put long-term relationship first

Jun. 15, 2021 05:54 AM EDT

BRUSSELS (AP) — The European Union's top official urged both sides to think about their long-term relationship and put an end to the bloc's spat with the U.K. over post-Brexit trade arrangements. Lengthy negotiations over Britain's divorce from the EU have already been...