Latest Trade policy News

Sweden says it's not providing money, military aid to Kurds

May. 24, 2022 12:21 PM EDT

STOCKHOLM (AP) — Sweden on Tuesday denied that it was providing any “financial assistance or military support” to Kurdish groups or entities in Syria — claims that Turkey's using to back its opposition to Sweden's and neighboring Finland's historic bids to join NATO. The...

Live updates | Germany, Poland negotiating tanks for Ukraine

May. 24, 2022 12:11 PM EDT

BERLIN — Germany has rejected suggestions that it is reneging on a promise to provide Poland with tanks to make up for those that Warsaw has delivered to Ukraine. Polish President Andrzej Duda told German broadcaster Welt that he was “very disappointed” Berlin had not fulfilled...

Asian shares mostly lower as inflation worries cloud outlook

May. 23, 2022 23:00 PM EDT

TOKYO (AP) — Asian shares were mostly lower on Tuesday as worries over inflation tempered optimism over President Joe Biden’s remark that he was considering reducing U.S. tariffs on Chinese imports. Benchmarks fell in Tokyo, Seoul, Shanghai and Hong Kong but rose slightly in...

Biden launches Indo-Pacific trade deal, warns over inflation

May. 23, 2022 07:50 AM EDT

TOKYO (AP) — President Joe Biden launched a new trade deal with 12 Indo-Pacific nations Monday aimed at strengthening their economies as he warned Americans worried about high inflation that it is "going to be a haul” before they feel relief. The president said he does not believe an economic...

EXPLAINER: What's in Biden's proposed new Asia trade pact?

May. 23, 2022 04:00 AM EDT

TOKYO (AP) — President Joe Biden faced a dilemma on trade in Asia: He couldn't just rejoin the Trans-Pacific Partnership that his predecessor had pulled the U.S. out of in 2017. Many related trade deals, regardless of their content, had become politically toxic for U.S. voters, who associated...

US announces 12 countries join Indo-Pacific Economic Framework, a pact designed to bolster trade with Asian economies

May. 23, 2022 03:42 AM EDT
TOKYO (AP) — US announces 12 countries join Indo-Pacific Economic Framework, a pact designed to bolster trade with Asian economies.

Taiwan not included in launch of new Biden Indo-Pacific pact

May. 22, 2022 12:05 PM EDT

TOKYO (AP) — President Joe Biden on Monday is expected to come out with a list of nations that will join a long-anticipated Indo-Pacific trade pact, but Taiwan won't be among them. White House national security adviser Jake Sullivan confirmed that Taiwan isn't among the governments...

The AP Interview: US trade rep. sees opportunity in recovery

May. 20, 2022 20:13 PM EDT

BANGKOK (AP) — With world economies all suffering from more than two years of the coronavirus pandemic and global supply problems exacerbated by Russia’s invasion of Ukraine, the United States has an “incredible opportunity” to engage with other nations on a common playing field and forge...

N Ireland party leader pans Pelosi's warning on Brexit terms

May. 20, 2022 09:37 AM EDT

LONDON (AP) — U.S. House Speaker Nancy Pelosi is facing criticism from the leader of Northern Ireland’s biggest unionist party after saying Congress won’t approve a trade deal with the U.K. if Britain scraps the agreement governing post-Brexit trade on the Irish island. The...

Biden in Asia: New friends, old tensions, storms at home

May. 20, 2022 08:36 AM EDT

SEOUL, South Korea (AP) — President Joe Biden hopes to use his visit to Asia to confirm his belief that long-standing friendships can afford to become even friendlier — and pay dividends. He opened the trip in South Korea on Friday and will end in Japan next week at a time when world events are...