Latest International trade News

Asian stocks climb, lifted by upbeat talk on China-US trade

Oct. 22, 2019 1:05 AM EDT

BANGKOK (AP) — Shares were mostly higher in Asia on Tuesday after upbeat comments from President Donald Trump and other U.S. officials on the status of trade negotiations with China. The Kospi in South Korea led gains, climbing 1.2% to 2,090.77, helped by gains in technology companies overnight on Wall...

Asian stocks climb, lifted by upbeat talk on China-US trade

Oct. 22, 2019 12:54 AM EDT

BANGKOK (AP) — Shares are gaining in Asia after upbeat comments from President Donald Trump and other U.S. officials on the status of trade negotiations with China. The Kospi in South Korea led gains, jumping 1.3% to 2,090.88, thanks to gains in technology companies overnight on Wall Street. Australia's...

China seeks $2.4 billion in penalties against US at WTO

Oct. 21, 2019 10:49 AM EDT

BERLIN (AP) — China is asking the World Trade Organization for the right to impose $2.4 billion in annual penalties on the United States in a case over Chinese subsidies dating back years. A document published Monday showed China has called for the matter to be considered by the WTO's Dispute Settlement...

World shares gain on upbeat comment on China-US trade talks

Oct. 21, 2019 7:34 AM EDT

TOKYO (AP) — Global shares rose after China's top trade negotiator said over the weekend that Beijing and Washington were making progress in trade talks. China's state-run Xinhua News Agency reported that Vice Premier Liu He told a conference in the southern city of Nanchang that the most recent trade...

AP FACT CHECK: Trump exaggerates scope of cease-fire deal

Oct. 21, 2019 6:07 AM EDT

WASHINGTON (AP) — As President Donald Trump describes it, the U.S. swooped into an intractable situation in the Middle East, achieved an agreement within hours that had eluded the world for years and delivered a "great day for civilization." It was a mission-accomplished moment that other Republican...

Japan exports fall for 10th straight month in September

Oct. 21, 2019 5:56 AM EDT

TOKYO (AP) — Japan's exports fell for a 10th straight month in September as trade tensions between the U.S. and China hit demand for machinery and other manufacturing mainstays, the government said Monday. The Finance Ministry said the trade deficit in September totaled $1.1 billion, a third consecutive...

Asian shares mixed amid uncertainties on Brexit, China trade

Oct. 21, 2019 1:41 AM EDT

TOKYO (AP) — Asian shares were mixed Monday amid uncertainties about Britain's exit from the European Union and the ongoing trade conflict between the U.S. and China. Japan's benchmark Nikkei 225 gained nearly 0.3% in early trading to 22,548.07. South Korea's Kospi picked up 0.2% to 2,065.68, while Hong...

Raines recalls Montreal, roots for Nats; others, maybe not

Oct. 20, 2019 4:24 PM EDT

MONTREAL (AP) — Tim Raines started wearing the tricolor cap as a teen and proudly sported the Montreal Expos logo for years, all the way onto his Hall of Fame plaque. So no wonder who he'll cheer for when his old team — albeit now in Washington — plays in its first World Series, a...

Prosecutors: Trade war opens doors For Mexican drug cartels

Oct. 20, 2019 10:05 AM EDT

PORTLAND, Ore. (AP) — Federal law enforcement officials in Oregon say they've uncovered an elaborate scheme to convert Mexican drug profits from sales in the United States back into pesos using Chinese citizens who seek to circumvent their country's banking laws. The Mexican drug cartels are taking...

AP FACT CHECK: Trump's Syrian mission-accomplished moment

Oct. 19, 2019 10:47 PM EDT

WASHINGTON (AP) — As President Donald Trump describes it, the U.S. swooped into an intractable situation in the Middle East, achieved an agreement within hours that had eluded the world for years and delivered a "great day for civilization." It was a mission-accomplished moment that other Republican...