Latest International trade News

China's foreign minister meets New Zealand counterpart, beginning trip that also includes Australia

Mar. 18, 2024 07:40 AM EDT

WELLINGTON, New Zealand (AP) — Chinese Foreign Minister Wang Yi said Monday that his country is ready to work with New Zealand to deepen trade and economic ties and address climate change. Wang met his New Zealand counterpart, Winston Peters, at the start of a tour that will also...

India signs a trade accord with 4 European nations for $100 billion investment over 15 years

Mar. 10, 2024 22:00 PM EDT

NEW DELHI (AP) — India signed a trade agreement with Iceland, Liechtenstein, Norway and Switzerland on Sunday that includes a commitment of $100 billion in investments and creating 1 million direct jobs in India in the next 15 years. India committed to reducing import tariffs on...

Tax-free status of movie, music and games traded online is on table as WTO nations meet in Abu Dhabi

Feb. 25, 2024 01:14 AM EST

GENEVA (AP) — Since late last century and the early days of the web, providers of digital media like Netflix and Spotify have had a free pass when it comes to international taxes on films, video games and music that are shipped across borders through the internet. But now, a global...

Mexico overtakes China as the leading source of goods imported by US

Feb. 07, 2024 23:39 PM EST

WASHINGTON (AP) — For the first time in more than two decades, Mexico last year surpassed China as the leading source of goods imported by the United States. The shift reflects the growing tensions between Washington and Beijing as well as U.S. efforts to import from countries that are friendlier...

China, US hold economic talks as trade issues heat up on the campaign trail

Feb. 07, 2024 04:19 AM EST

BANGKOK (AP) — Chinese and U.S. officials have met in Beijing for talks on tough issues dividing the two largest economies, as trade and tariffs increasingly draw attention in the runup to the U.S. presidential election. China’s Ministry of Finance said Beijing raised objections...

China markets slump to 5-year lows as regulator promises to protect small investors

Feb. 05, 2024 06:34 AM EST

BANGKOK (AP) — Chinese shares gyrated on Monday, sinking to 5-year lows after market regulators sought to reassure jittery investors with a promise to crack down on stock price manipulation and “malicious short selling.” Shares in Shanghai and the smaller market in Shenzhen,...

Debt-stricken Sri Lanka signs a free trade pact with Thailand

Feb. 03, 2024 10:46 AM EST

COLOMBO, Sri Lanka (AP) — Debt-stricken Sri Lanka signed a trade pact with Thailand on Saturday in a bid to boost trade and investment as the Indian ocean island nation is struggling to recover from its worst economic crisis that hit two year ago. The Sri Lanka Thailand Free Trade...

Britain's post-Brexit trade talks with Canada break down as they disagree over beef and cheese

Jan. 26, 2024 10:39 AM EST

LONDON (AP) — The British government has called off post-Brexit trade talks with Canada after discussions broke down over disagreements related to the import and export of beef and cheese. The two countries have been negotiating a new trade deal over the past two years since...