Latest International trade News

A man wears a face mask as he passes the London Eye in London, Thursday, Oct. 29, 2020.  The International Monetary Fund has downgraded its growth forecasts for the British economy for this year and next, in its annual assessment published Thursday, following an acceleration in the number of coronavirus infections over the past couple of weeks.(AP Photo/Frank Augstein)

IMF blames resurgent coronavirus for UK growth downgrades

Oct. 29, 2020 2:35 PM EDT

LONDON (AP) — The International Monetary Fund has downgraded its growth forecasts for the British economy for this year and next, following an acceleration in the number of coronavirus infections over the past couple of weeks. In its annual assessment of the British economy published Thursday, the...

A man looks at his smartphone as he walks past a sign advertising 5G services at the PT Expo in Beijing, Wednesday, Sept. 14, 2020. China's leaders vowed Thursday, Oct. 29, 2020, to speed up its development as a self-reliant

China's leaders vow to become self-reliant technology power

Oct. 29, 2020 8:09 AM EDT

BEIJING (AP) — China’s leaders are vowing to make their country a self-reliant “technology power” as a feud with Washington cuts access to U.S. computer chips and other high-tech components, hampering Beijing’s industrial ambitions. Leaders of the ruling Communist Party made the...

In this photo released by Indonesian Ministry of Foreign Affairs, U.S. Secretary of State Mike Pompeo, left, and Indonesian Foreign Minister Retno Marsudi pose for photographers during their meeting in Jakarta, Indonesia, Thursday, Oct. 29, 2020. Pompeo renewed the Trump administration's rhetorical onslaught against China in Indonesia on Thursday as the American presidential election looms. (Indonesian Ministry of Foreign Affairs via AP)

Pompeo, in Indonesia, renews China attacks as US vote looms

Oct. 29, 2020 5:10 AM EDT

JAKARTA, Indonesia (AP) — U.S. Secretary of State Mike Pompeo renewed the Trump administration’s rhetorical onslaught against China in Indonesia on Thursday as the American presidential election looms. With China a central theme in President Donald Trump’s campaign to win a second term in...

U.S. Secretary of State Mike Pompeo speaks during a joint press briefing with Sri Lankan Foreign Minister Dinesh Gunawardena in Colombo, Sri Lanka, Wednesday, Oct. 28, 2020. In pre-recorded remarks Wednesday to a business conference taking place in Vietnam, Pompeo says the U.S. energy firm AES and PetroVietnam plan to soon sign an agreement on a $2.8 billion liquefied natural gas project. (AP Photo/Eranga Jayawardena)

Pompeo says AES of US, PetroVietnam to sign $2.8B LNG deal

Oct. 28, 2020 3:14 PM EDT

HANOI (AP) — The U.S. energy firm AES and PetroVietnam plan to soon sign an agreement on a $2.8 billion liquefied natural gas project, U.S. Secretary of State Mike Pompeo said Wednesday. Pompeo made the comments in pre-recorded remarks to a business conference hosted both online and in person in Hanoi,...

FILE - In this Friday, Oct. 23, 2020 file photo, British Prime Minister Boris Johnson walks from 10 Downing Street to a meeting with his ministers at the Foreign Office, in London. All politicians have opponents, but Boris Johnson’s list is exceptional. Amid a global pandemic, Britain’s prime minister is battling the European Union, a resurgent political opposition, angry English mayors and a beloved soccer star who wants to feed poor children.(AP Photo/Matt Dunham, file)

As virus surges, isolated UK leader Johnson faces many foes

Oct. 28, 2020 11:05 AM EDT

LONDON (AP) — All politicians have opponents, but Boris Johnson’s list is exceptional. Amid a global pandemic, Britain’s prime minister is battling the European Union, a resurgent political opposition, angry English mayors and a beloved soccer star who wants to feed poor children. Even...

FILE - In this Jan. 15, 2020, file photo President Donald Trump holds a trade agreement with Chinese Vice Premier Liu He, in the East Room of the White House in Washington. Trump spent four years upending seven decades of American trade policy. He started a trade war with China, slammed America’s closest allies by taxing their steel and aluminum and terrified Big Business by threatening to take a wrecking ball to $1.4 trillion in annual trade with Mexico and Canada.
 Trump’s legacy on trade is likely to linger, regardless whether Joe Biden replaces him in the White House in January 2021.(AP Photo/Evan Vucci)

From Beijing to Brussels, Trump's trade wars at a glance

Oct. 27, 2020 11:07 AM EDT

WASHINGTON (AP) — President Donald Trump said he would shake up American trade policy. That he did. From Beijing to Brussels to Mexico City, he waged war with trading partners on multiple fronts. Here's a look at four tumultuous years of Trump trade policy: TRADE WAR WITH CHINA To rebalance...

FILE - In this July 26, 2018, file photo President Donald Trump speaks at the United States Steel Granite City Works plant in Granite City, Ill.  Trump spent four years upending seven decades of American trade policy. He started a trade war with China, slammed America’s closest allies by taxing their steel and aluminum and terrified Big Business by threatening to take a wrecking ball to $1.4 trillion in annual trade with Mexico and Canada. Trump’s legacy on trade is likely to linger, regardless whether Joe Biden replaces him in the White House in January 2021. (AP Photo/Jeff Roberson, File)

Trump trade policy: 4 years of high drama. Limited results.

Oct. 27, 2020 11:06 AM EDT

WASHINGTON (AP) — President Donald Trump spent four years upending seven decades of American trade policy. In what became his defining economic act, Trump launched a trade war with China. On another front, he taxed the steel and aluminum of U.S. allies. And he terrified America's own corporations by...

Foreign Ministers of Greece Nikos Dendias, front Israel Gabi Ashkenazi , and Cyprus Nikos Christodoulides, left, arrive for a news conference after their meeting in Athens, on Tuesday, Oct. 27, 2020. (AP Photo/Petros Giannakouris)

Greece, Israel eye closer cooperation amid East Med tension

Oct. 27, 2020 9:36 AM EDT

ATHENS, Greece (AP) — Greece’s government said Tuesday it wants to expand trade, energy, and military partnerships with Israel and other countries in the region to counter what it considers the hostile policy of neighbor Turkey. Greece, Israel and Cyprus, which all are at odds with Turkey over...

FILE - In this June 23, 2020, file photo, President Donald Trump tours a section of the border wall in San Luis, Ariz. During his 2016 primary run, Trump sought to mark his ground as a hard-line immigration enforcer who would build “a great, great wall on our southern border.” Nearly four years later, Trump still has work to do completing his wall and much that has been completed has been paid by U.S. taxpayers despite promises otherwise. (AP Photo/Evan Vucci, File)

Low expectations in Mexico as US election approaches

Oct. 26, 2020 1:44 PM EDT

MEXICO CITY (AP) — A week before U.S. elections, expectations and attention are unusually low in a foreign country that may have more at stake than any other. Many Mexicans would be glad to see a more neighborly president who hasn’t called Mexicans rapists or threatened to build a wall against them,...

Sudan says it will discuss trade, migration with Israel

Oct. 25, 2020 2:56 PM EDT

CAIRO (AP) — Sudanese and Israeli officials will meet in the coming weeks to discuss a package of cooperation deals to “achieve the mutual interests of the two peoples,” Sudan’s Foreign Ministry said Sunday. The ministry statement came three days after President Donald Trump announced...