Latest Trade barriers News

A man walks past a poster with the slogans

China demands US lift Xinjiang cotton, tomato import ban

Jan. 14, 2021 5:19 AM EST

BEIJING (AP) — China on Thursday demanded Washington drop a ban on cotton and tomato imports from its Muslim northwest over complaints they are produced by forced labor, which a spokesman dismissed as the “lie of the century.” The ban announced Wednesday adds to a flurry of sanctions imposed...

A container ship leaves a port in Nantong in eastern China's Jiangsu Province, Dec. 20, 2020. China's exports rose in 2020 despite pressure from the coronavirus pandemic and a tariff war with Washington, boosting its politically volatile trade surplus to $535 billion, one of the highest ever reported. (Chinatopix via AP)

China 2020 exports up despite virus; surplus surges to $535B

Jan. 14, 2021 12:48 AM EST

BEIJING (AP) — China’s exports rose in 2020 despite pressure from the coronavirus and a tariff war with Washington, boosting its politically volatile trade surplus to $535 billion, one of the highest ever reported. Exports increased 3.6% over 2019 to $2.6 trillion, an improvement on the previous...

China reports 2020 exports rose 3.6% despite virus, US tariff war; trade surplus swells to $535 billion

Jan. 13, 2021 10:21 PM EST
BEIJING (AP) — China reports 2020 exports rose 3.6% despite virus, US tariff war; trade surplus swells to $535 billion.
People stroll on the Trocadero square to watch the Eiffel Tower lightings, Friday, Dec. 11, 2020 in Paris. (AP Photo/Francois Mori)

France's hopes lift as US freezes tariffs over tech tax

Jan. 13, 2021 5:21 AM EST

PARIS (AP) — France’s government breathed a sigh of relief Friday after the U.S. indefinitely delayed tariffs on French cosmetics and other goods designed as retaliation for a French tax on technology giants. The U.S. Trade Representative’s office said in a statement Thursday that it...

In this photo provided by the North Korean government, North Korean leader Kim Jong Un acknowledges to the applauds after he made his closing remarks at a ruling party congress in Pyongyang, North Korea Tuesday, Jan. 12, 2021. Kim vowed all-out efforts to bolster his country's nuclear deterrent during the major ruling party meeting where he earlier laid out plans to work toward salvaging the broken economy. Independent journalists were not given access to cover the event depicted in this image distributed by the North Korean government. The content of this image is as provided and cannot be independently verified. Korean language watermark on image as provided by source reads:

North Korea ends party meeting with calls for nuclear might

Jan. 13, 2021 12:43 AM EST

SEOUL, South Korea (AP) — North Korean leader Kim Jong Un vowed all-out efforts to bolster his country's nuclear deterrent during a major ruling party meeting where he earlier laid out plans to work toward salvaging the broken economy. Separately, Kim’s powerful sister criticized South...

In this photo provided by the North Korean government, North Korean leader Kim Jong Un speaks at the ruling party congress in Pyongyang, North Korean, Friday, Jan. 8, 2021. Kim threatened to expand his nuclear arsenal and develop more sophisticated weapons systems, saying the fate of relations with the United States depends on whether it abandons its hostile policy, state media reported Saturday. The congress, the Workers Party's top decision-making body, convened for the first time in five years. Independent journalists were not given access to cover the event depicted in this image distributed by the North Korean government. The content of this image is as provided and cannot be independently verified. Korean language watermark on image as provided by source reads:

N. Korea threatens to build more nukes, cites US hostility

Jan. 9, 2021 2:12 AM EST

SEOUL, South Korea (AP) — North Korean leader Kim Jong Un threatened to expand his nuclear arsenal as he disclosed a list of high-tech weapons systems under development, saying the fate of relations with the United States depends on whether it abandons its hostile policy, state media reported Saturday....

The road heading the check point on the Eurotunnel site is pictured in Coquelles, Monday Jan.4, 2021. Britain left the European bloc's vast single market for people, goods and services, completing the biggest single economic change the country has experienced since World War II. (AP Photo/Michel Spingler)

Companies say post-Brexit rules are clogging up UK-EU trade

Jan. 8, 2021 12:15 PM EST

LONDON (AP) — Some businesses said Friday that costs and paperwork are hampering trade between Britain and the European Union as the reality of the U.K.’s post-Brexit trading relationship with the bloc takes hold. Britain left the economic embrace of the 27-nation bloc, the final stage of Brexit, at...

FILE - In this Feb.10, 2020 file photo, red wine bottles of the region of Medoc, western France, are displayed at the wine fair in Paris. French wine exporters are warning that they'll take a billion-euro hit in 2021 from the latest ratcheting-up of punitive tariffs between the United States and Europe in a trade row over aircraft subsidies. (AP Photo/Michel Euler, File)

French traders, EU sound alarm over US tit-for-tat tariffs

Dec. 31, 2020 11:29 AM EST

PARIS (AP) — French wine exporters warned Thursday that they'll take a billion-euro hit in 2021 from the latest ratcheting-up of punitive tariffs between the United States and Europe in a trade row over aircraft subsidies. The U.S. government announced Wednesday the imposition of additional tariffs on...

Britain, Turkey reach post-Brexit free trade agreement

Dec. 29, 2020 9:29 AM EST

ANKARA, Turkey (AP) — Turkey and Britain signed a free-trade agreement Tuesday as the U.K. prepares to leave the European Union's economic orbit at the start of the new year. The deal, which will come into effect on Jan. 1, aims to support trade between the two countries which was worth more than $25...

A colleague wears a Christmas hat as European Union chief negotiator Michel Barnier, center, carries a binder of the Brexit trade deal during a special meeting of Coreper, at the European Council building in Brussels, Friday, Dec. 25, 2020. European Union ambassadors convened on Christmas Day to start an assessment of the massive free-trade deal the EU struck with Britain. After the deal was announced on Thursday, EU nations already showed support for the outcome and it was expected that they would unanimously back the agreement, a prerequisite for its legal approval. (Olivier Hoslet, Pool via AP)

UK warns of 'bumpy' post-Brexit transition despite deal

Dec. 28, 2020 11:16 AM EST

LONDON (AP) — First came the Brexit trade deal. Now comes the red tape and the institutional nitty gritty. Four days after sealing a free trade agreement with the European Union, the British government warned businesses Monday to get ready for disruptions and “bumpy moments” when the new...