Latest Trade agreements News

This undated photo provided by the US-China Business Council in March 2020 shows Craig Allen, president of the U.S.-China Business Council. In a March interview amid the global COVID-19 coronavirus outbreak, Allen said that the United States and China together comprise as much as 40% of the global economy. If U.S.-China relations continue to deteriorate, everyone will suffer. (Kaveh Sardari/USCBC via AP)

Insider Q&A: 'Everyone will suffer' from US-China spat

Apr. 5, 2020 10:30 AM EDT

WASHINGTON (AP) — Two months ago, the United States and China signed an interim “Phase 1'' trade deal, signaling a cease-fire in the trade war between the world's two biggest economies. China agreed to import much more U.S. farm, energy and other products. But the coronavirus changed everything....

Europe's trade system with Iran finally makes first deal

Mar. 31, 2020 5:10 AM EDT

BERLIN (AP) — European countries trying to keep Iran's nuclear deal with world powers alive said Tuesday that a system they set up to enable trade with Tehran has finally concluded its first transaction, facilitating the export of medical goods. Britain, France and Germany conceived the complex barter-type...

Barber Sami Matta, left, gives a haircut to Steve Perosino, of Dedham, Mass., right, at Chris & Sam's Barbershop, in Norwood, Mass., Monday, March 23, 2020. The Barbershop is to close by noon Tuesday, March 24, in keeping with Mass. Gov. Charlie Baker's order that all non-essential businesses close at noon Tuesday and remain closed through Tuesday, April 7, out of concern about the spread of the coronavirus. For most people, the new coronavirus causes only mild or moderate symptoms, such as fever and cough. For some, especially older adults and people with existing health problems, it can cause more severe illness, including pneumonia. The vast majority of people recover from the new virus. (AP Photo/Steven Senne)

Monday: Big layoffs, bigger hirings, massive markets swings

Mar. 23, 2020 4:57 PM EDT

The rapid spread of the coronavirus since it was first reported in China has dealt an unprecedented shock to the global economy. Following are business developments Monday related to the outbreak as governments attempt to stabilize their economies, companies struggle to cope and millions of people face job losses...

FILE - In this Thursday, March 5, 2020 file photo, European Commission's Head of Task Force for Relations with the United Kingdom Michel Barnier speaks during a media conference at EU headquarters in Brussels. Michel Barnier, the European Union's chief negotiator for the future relationship with Britain after Brexit, said Thursday March 19, 2020 he has been infected with the coronavirus. Barnier tweeted that he is doing well and is in good spirits.  (AP Photo/Virginia Mayo, File)

EU Brexit negotiator Michel Barnier has coronavirus

Mar. 19, 2020 11:13 AM EDT

BRUSSELS (AP) — Michel Barnier, the European Union's chief negotiator for the bloc's future relationship with Britain after Brexit, has been infected with the new coronavirus. The 69-year-old Barnier said in a Twitter video message Thursday that he is doing well and is in good spirits, while the EU's...

Minister of Health Patty Hajdu looks on as Prime Minister Justin Trudeau speaks during a news conference  in Ottawa, Wednesday March 11, 2020.  Canada is announcing $1 billion ($730 million) in funding to help health-care workers cope with the increasing number of new cases of coronavirus and to help Canadian workers who are forced to isolate themselves.  (Adrian Wyld/The Canadian Press via AP)

Canada shuts Parliament, Trudeau in quarantine, no travel

Mar. 13, 2020 2:33 PM EDT

TORONTO (AP) — Canada shut down Parliament and advised against all nonessential travel outside the country Friday while Prime Minister Justin Trudeau governed remotely from his home, in self-imposed quarantine after his wife tested positive for the new coronavirus. Dr. Theresa Tam, the chief public health...

Democratic presidential candidate former Vice President Joe Biden, accompanied by his wife Jill, speaks to members of the press at the National Constitution Center in Philadelphia, Tuesday, March 10, 2020. (AP Photo/Matt Rourke)

Biden wins hard-fought Michigan, deals major blow to Sanders

Mar. 11, 2020 12:57 AM EDT

WASHINGTON (AP) — Joe Biden decisively won Michigan’s Democratic presidential primary on Tuesday, seizing a key battleground state that helped propel Bernie Sanders’ insurgent candidacy four years ago. The former vice president's victory there, as well as in Missouri, Mississippi and Idaho,...

Democratic presidential candidate U.S. Sen. Bernie Sanders, I-Vt., speaks during a campaign rally at the University of Michigan in Ann Arbor, Mich., Sunday, March 8, 2020. (AP Photo/Paul Sancya)

Stakes rise for Sanders heading into Michigan primary

Mar. 9, 2020 10:48 PM EDT

DETROIT (AP) — Bernie Sanders proved his 2016 presidential bid was serious with an upset victory in Michigan powered by his opposition to free trade and appeal among working-class voters. Four years later, the same state could either revive the Vermont senator's campaign or relegate him to the role of...

FILE - In this Jan. 7, 2020 file photo, Brazil's President Jair Bolsonaro speaks to journalists after meeting with military commanders at the Defense Ministry in Brasilia, Brazil.  President Donald Trump and Bolsonaro are expected to discuss the crisis in Venezuela, a possible free-trade agreement between their countries and Chinese telecom company Huawei over a working dinner Saturday, March 7 at Trump's resort in Florida. (AP Photo/Eraldo Peres, File)

Venezuela on agenda for Trump's meeting with Brazil's leader

Mar. 7, 2020 10:53 PM EST

PALM BEACH, Fla. (AP) — President Donald Trump would not commit Saturday to continue holding off on hitting Brazil with tariffs on imports of its aluminum and steel, saying “I don't make any promises.” Trump commented in the presence of Brazilian President Jair Bolsonaro, who Trump was...

Democratic presidential candidate Sen. Bernie Sanders, I-Vt., waves to supporters after speaking at a campaign rally in Chicago's Grant Park Saturday, March 7, 2020. (AP Photo/Charles Rex Arbogast)

Sanders, Biden up attacks as head-to-head race takes shape

Mar. 7, 2020 9:30 PM EST

DEARBORN, Mich. (AP) — The Democratic presidential primary is down to two major candidates, and it shows. Former Vice President Joe Biden and Vermont Sen. Bernie Sanders are spending their first weekend as their party's last top White House contenders increasingly taking aim at one another. Each wants to...

Democratic presidential candidate former Vice President Joe Biden leaves after speaking Wednesday, March 4, 2020, in Los Angeles. (AP Photo/Marcio Jose Sanchez)

The Latest: Biden says he's feeling good about 2020 race now

Mar. 6, 2020 7:04 PM EST

WASHINGTON (AP) — The Latest on the 2020 election (all times local): 7 p.m. Democratic presidential candidate Joe Biden says he's in a solid position ahead of six more primaries on Tuesday. "I’m feeling really good about where we are now," Biden told a group of donors Friday, adding that the Super...