Latest Global trade News

President Donald Trump, gestures during a signing ceremony with Chinese Vice Premier Liu He to sign a U,S, China trade agreement, in the East Room of the White House, Wednesday, Jan. 15, 2020, in Washington. (AP Photo/Steve Helber)

AP FACT CHECK: Trump's false superlative on China deal

Jan. 15, 2020 3:22 PM EST

WASHINGTON (AP) — President Donald Trump on Wednesday falsely proclaimed his trade deal with China to be the world's largest agreement. The deal is intended to ease some U.S. economic sanctions on China while Beijing would step up purchases of American farm products and other goods. TRUMP: “This is...

FILE - In this April 12, 2018, file photo, visitors walk by U.S. soybean companies' booths at the international soybean exhibition in Shanghai, China. President Donald Trump likes to joke that America's farmers have a nice problem on their hands: They're going to need bigger tractors to keep up with surging Chinese demand for their soybeans and other agricultural goods under a preliminary deal between the world's two largest economies. Yet skeptics are questioning how much China has committed to buy. (AP Photo/Andy Wong, File)

At each end of Pacific, skepticism over China farm purchases

Dec. 26, 2019 10:54 AM EST

OMAHA, Neb. (AP) — President Donald Trump likes to joke that America's farmers have a nice problem on their hands: They're going to need bigger tractors to keep up with surging Chinese demand for their soybeans and other agricultural goods under a preliminary deal between the world's two largest economies....

FILE - In this Oct. 7, 2019, file photo visitors hold up patriotic slogans including

As Trump shuns US multilateralism, China ups diplomatic ante

Dec. 20, 2019 1:51 PM EST

GENEVA (AP) — Chinese leaders have long been sensitive about their communist country’s international image. Now, they are battling back — investing in diplomacy and a courtship of hearts and minds, just as the United States digs in on the Trump administration’s “America...

Britain's union flag flies from the Victoria Tower at parliament in London, Monday, Dec. 16, 2019. Newly elected lawmakers are convening at parliament Monday following the Dec. 12 general election. (AP Photo/Alberto Pezzali)

UK financial system seen as resilient to Brexit, trade wars

Dec. 16, 2019 12:52 PM EST

LONDON (AP) — Britain's financial sector can withstand large shocks and disruptions, whether from a disorderly Brexit or a deterioration in global trade wars, the Bank of England said Monday. In a set of reports and surveys, the central bank said it found that the country's banks are strong enough to...

Dennis Shea, US Ambassador to the WTO, arrives for the opening of the General Council, at the headquarters of the World Trade Organization, WTO, in Geneva, Switzerland, Monday, Dec. 9, 2019. (Salvatore Di Nolfi/Keystone via AP)

EU to boost measures to protect trade after WTO impasse

Dec. 12, 2019 5:37 AM EST

BRUSSELS (AP) — The European Union says it is taking measures to protect its trade interests in the ongoing row with the United States over the shutdown of the World Trade Organization's appellate body. EU trade chief Phil Hogan said Thursday that the 28-nation bloc “cannot afford being defenseless...

A man walks past an electronic stock board showing Japan's Nikkei 225 index at a securities firm in Tokyo Wednesday, Dec. 11, 2019. (AP Photo/Eugene Hoshiko)

World shares mixed on reports Trump might delay tariff hike

Dec. 11, 2019 7:48 AM EST

BEIJING (AP) — Global markets were mixed Wednesday following reports that President Donald Trump's advisers were preparing for a possible delay in a weekend tariff hike on Chinese goods. Investors also had their eyes on central bank meetings in Europe and the U.S. The German index in Frankfurt rose in...

How major US stock indexes fared Tuesday

Dec. 10, 2019 4:58 PM EST

Stocks edged lower as a deadline approached for trade talks between Washington and Beijing. A new round of US tariffs are scheduled to take effect on Chinese goods Sunday, the latest escalation in a trade dispute that has dragged on economies around the world. Media reports suggested the US may delay the tariffs...

Dennis Shea, US Ambassador to the WTO, arrives for the opening of the General Council, at the headquarters of the World Trade Organization, WTO, in Geneva, Switzerland, Monday, Dec. 9, 2019. (Salvatore Di Nolfi/Keystone via AP)

World trade without rules? US shuts down WTO appeals court

Dec. 10, 2019 12:27 PM EST

GENEVA (AP) — Global commerce will lose its ultimate umpire Tuesday, leaving countries unable to reach a final resolution of disputes at the World Trade Organization and instead facing what critics call “the law of the jungle.’’ The United States, under a president who favors a...

Dennis Shea, US Ambassador to the WTO, arrives for the opening of the General Council, at the headquarters of the World Trade Organization, WTO, in Geneva, Switzerland, Monday, Dec. 9, 2019. (Salvatore Di Nolfi/Keystone via AP)

World trade without rules? US shuts down WTO appeals court

Dec. 9, 2019 5:55 PM EST

GENEVA (AP) — Global commerce will lose its ultimate umpire Tuesday, leaving countries unable to reach a final resolution of disputes at the World Trade Organization and instead facing what critics call “the law of the jungle.’’ The United States, under a president who favors a...

FILE - In this Nov. 27, 2019, file photo Balo Balogun labels items in preparation for a holiday sale at a Walmart Supercenter in Las Vegas. On Friday, Dec. 6, the U.S. government issues the November jobs report. (AP Photo/John Locher, File)

US firms keep hiring, easing worries of weakening economy

Dec. 6, 2019 5:45 PM EST

WASHINGTON (AP) — American businesses have complained for years that they can’t find the workers they need to fill available jobs. November’s robust hiring gain suggests that at least some have found a way to do so. With the unemployment rate now at a half-century low of 3.5%, many economists...