Latest International trade News

Executive's arrest, security worries stymie Huawei's reach

Dec. 16, 2018 8:31 AM EST

BEIJING (AP) — While a Huawei executive faces possible U.S. charges over trade with Iran, the Chinese tech giant's ambition to be a leader in next-generation telecoms is colliding with security worries abroad. Australia and New Zealand have barred Huawei Technologies Ltd. as a supplier for fifth-generation...

AP FACT CHECK: Trump floats fictions about the border

Dec. 15, 2018 1:48 PM EST

WASHINGTON (AP) — President Donald Trump's relationship with the truth tends to be borderline, at best, when it comes to the border. So it was this past week when he made a flurry of false or unsupported statements about immigration. He said, with no evidence, that migrants are plagued with disease. He...

Afghanistan hosts Pakistan, China for wide-ranging talks

Dec. 15, 2018 7:36 AM EST

KABUL, Afghanistan (AP) — The foreign ministers of Afghanistan, Pakistan and China met Saturday in Kabul to discuss trade, development and ways to end Afghanistan's 17-year war. The prickly relationship between Pakistan and Afghanistan dominated the talks, with all three countries agreeing that a peaceful...

China suspends tariff hikes on US cars, auto parts

Dec. 14, 2018 7:28 PM EST

BEIJING (AP) — China announced a 90-day suspension on Friday of tariff hikes on U.S. cars, trucks and auto parts following its cease-fire in a trade battle with Washington that threatens global economic growth. The suspension is China's first step in response to President Donald Trump's Dec. 1 agreement to...

Farmers buoyed but cautious as China resumes buying soybeans

Dec. 14, 2018 4:00 PM EST

BISMARCK, N.D. (AP) — The resumption of soybean sales to China this week is encouraging to American farmers who have seen the value of their crop plummet amid a trade war with the world's second-largest economy, but producers see it only as a small step and say they need more federal aid. Private exporters...

Detentions raise fears, cast doubt on China's policies

Dec. 14, 2018 3:49 PM EST

WASHINGTON (AP) — By detaining two Canadians in an apparent act of retaliation, China is looking like the country its harshest critics say it is: one unbound by the laws, rules and procedures that govern other major industrial nations. Canada's arrest of a top Chinese technology executive at the request of...

The Latest: Chile to host next year's UN climate summit

Dec. 14, 2018 3:19 PM EST

KATOWICE, Poland (AP) — The Latest on the U.N. climate meeting (all times local): 9:15 p.m. Countries have agreed that Chile will host next year's U.N. climate summit. Delegates at this year's talks in Poland agreed Friday that the South American nation will stage the meeting after Brazil dropped out. ...

Trump asserts China's economy feeling his tariff pressure

Dec. 14, 2018 2:37 PM EST

WASHINGTON (AP) — President Donald Trump says China's economy is feeling the pressure of his tariffs, and he thinks a "big and very comprehensive deal" could happen. Trump asserts in a tweet that China's economy is "growing much slower than anticipated because of our Trade War." China on Friday reported...

May aims to rescue Brexit plan; EU says ball's in UK's court

Dec. 14, 2018 1:08 PM EST

BRUSSELS (AP) — British Prime Minister Theresa May launched a rescue mission for her ailing Brexit deal Friday, after the European Union rebuffed her request to sweeten the divorce agreement so she can win over hostile lawmakers at home. EU leaders meeting in Brussels showed little appetite to resolve...

World markets fall on Chinese growth concerns

Dec. 14, 2018 8:25 AM EST

SINGAPORE (AP) — World stock markets slipped Friday after China reported weaker-than-expected economic data, stirring up worries about the state of the world's second largest economy. European indexes were also weighed down by British Prime Minister Theresa May's failure to get assurances for a Brexit...