Latest Trade agreements News

FILE - In this Feb. 12, 2020, file photo Federal Reserve Chairman Jerome Powell testifies before the Senate Banking Committee on Capitol Hill in Washington. On Wednesday, Feb. 19, the Federal Reserve releases minutes from its January meeting. (AP Photo/Susan Walsh, File)

Fed seems inclined to keep rates low as virus poses risks

Feb. 19, 2020 2:38 PM EST

WASHINGTON (AP) — Federal Reserve officials were mostly optimistic about the U.S. and global economies last month, though they noted the risk posed by China’s viral outbreak and said they were ready to keep their benchmark interest rate at its current low level in the coming months. Fed policymakers...

Prime Minister of the Netherlands Mark Rutte takes part in a panel discussion at the Munich Security Conference in Munich, Germany, Friday, Feb. 15, 2020. (Tobias Hase/dpa via AP)

In tight vote, Dutch lawmakers approve EU-Canada trade deal

Feb. 18, 2020 10:19 AM EST

THE HAGUE, Netherlands (AP) — In a tight vote Tuesday, lawmakers in the lower house of Dutch parliament approved a free trade deal between the European Union and Canada. Dutch Overseas Trade Minister Sigrid Kaag, who was in parliament to watch the vote, smiled after 72 lawmakers voted for the deal and 69...

FILE - In this Jan. 31, 2020 file photo, Britain's Union flag is removed from outside of the European Parliament in Brussels.  The bloc has been preoccupied for almost four years with Brexit, but now that Britain has left the bloc, the EU hopes to find more time to fix its own problems. (AP Photo/Olivier Matthys, File)

UK to EU: we won't accept supervision in post-Brexit deal

Feb. 17, 2020 2:29 PM EST

BRUSSELS (AP) — Britain's chief negotiator on Monday set out a clashing course in trade talks with the European Union, saying the 27-nation bloc has totally missed the point of Brexit if it thinks it will retain some supervision over U.K. actions. The EU has said it wants the best possible trade...

British lawmaker Sajid Javid Chancellor of the Exchequer walks along Downing Street in London, Thursday, Feb. 13, 2020. British Prime Minister Boris Johnson shook up his government on Thursday, firing and appointing ministers to key Cabinet posts. Johnson was aiming to tighten his grip on government after winning a big parliamentary majority in December's election. That victory allowed Johnson to take Britain out of the European Union in January. (AP Photo/Matt Dunham)

UK Treasury chief quits as Johnson shakes up Cabinet

Feb. 13, 2020 12:22 PM EST

LONDON (AP) — British Prime Minister Boris Johnson tightened his grip on the government Thursday with a Cabinet shake-up that triggered the unexpected resignation of his Treasury chief, the second-most powerful figure in the administration. Sajid Javid's resignation was the most dramatic moment i n a...

President Donald Trump and first lady Melania Trump welcome Ecuadorian President Lenin Moreno and his wife Rocio Gonzalez to the White House, Wednesday, Feb. 12, 2020, in Washington. (AP Photo/Evan Vucci)

Trump says US working on trade deal with Ecuador

Feb. 12, 2020 4:37 PM EST

WASHINGTON (AP) — President Donald Trump said Wednesday that he's working on a trade deal with Ecuador's President Lenin Moreno, who became the first chief of state from the small South American nation in 17 years to meet with an American president in Washington. “They have incredible product,"...

FILE - In this June 20, 2018 file photo, Catoctin Creek Distillery whiskey is on display in a tasting room in Purcellville, Va. A new spirits industry report says President Donald Trump's trade war dampened the overseas market for American-made whiskey last year. The Distilled Spirits Council says overall exports of bourbon, Tennessee whiskey and rye whiskey tumbled amid a trade war-induced decline in exports to key European markets. (AP Photo/Steve Helber, File)

US whiskey exports decline as trade dispute with EU persists

Feb. 12, 2020 10:04 AM EST

FRANKFORT, Ky. (AP) — President Donald Trump’s trade war dampened the overseas market for American-made whiskey last year, diminishing exports even as the domestic market continues to thrive. Overall exports of bourbon, Tennessee whiskey and rye whiskey tumbled amid a trade war-induced decline in...

EU adopts Vietnam trade deals despite human rights concerns

Feb. 12, 2020 7:28 AM EST

BRUSSELS (AP) — European lawmakers have overwhelmingly approved free trade and investment deals between the EU and Vietnam that will eliminate almost all tariffs over the next ten years, despite concerns about the human rights situation in the country. After an influential parliamentary trade committee...

European Commission President Ursula von der Leyen, left, talks to to European Union chief Brexit negotiator Michel Barnier during a debate on a proposed mandate for negotiations for a new partnership with the United Kingdom of Great Britain and Northern Ireland, at the European Parliament in Strasbourg, eastern France, Tuesday, Feb.11, 2020. (AP Photo/Jean-Francois Badias)

EU chief rejects Johnson's idea of loose UK trade deal

Feb. 11, 2020 9:12 AM EST

BRUSSELS (AP) — The European Union will only offer Britain unique access to its vast single market if the U.K. agrees to stick to the bloc's standards, European Commission President Ursula von der Leyen said Tuesday, dismissing British Prime Minister Boris Johnson's idea of brokering a loose trade deal...

Scotland's First Minister Nicola Sturgeon speaks during an event 'Scotland's European Future after Brexit' at the European Policy Center in Brussels, Monday, Feb. 10, 2020. (AP Photo/Virginia Mayo, Pool)

Scottish government leader urges UK to stick to EU standards

Feb. 10, 2020 12:49 PM EST

BRUSSELS (AP) — The leader of Scotland's government warned Monday that Britain would pay a “heavy cost" if it abandons European Union rules and standards after a post-Brexit transition period expires at the end of the year. Scottish First Minister Nicola Sturgeon also reiterated her desire for a...

AP FACT CHECK: Trump hypes 'comeback,' impeachment acquittal

Feb. 10, 2020 12:54 AM EST

WASHINGTON (AP) — President Donald Trump says the world is witnessing a great American economic revival that he brought on by reversing course from the Obama years. Yet the economy is not so different from the robust one he inherited and disparages at every turn. Trump's State of the Union speech came...