Latest International trade News

EU to react swiftly if Trump slaps tariffs on EU cars

Feb. 18, 2019 7:27 AM EST

BRUSSELS (AP) — The European Union says that its reaction will be "swift and adequate" if U.S. authorities conclude that European cars are a threat to national security and should be hit with punitive tariffs. The U.S. Commerce Department is expected to issue soon an opinion on whether auto imports...

World stocks mostly rise ahead of more China-US trade talks

Feb. 18, 2019 7:19 AM EST

SINGAPORE (AP) — World stocks mostly rose on Monday ahead of more trade talks between Chinese and American officials in Washington this week. After Asia closed higher, France's CAC 40 gained 0.1 percent to 5,157 while the DAX in Germany eased 0.2 percent to 11,272. Britain's FTSE 100 also shed 0.2 percent...

AP FACT CHECK: Trump spins fiction about diversity visas

Feb. 18, 2019 12:38 AM EST

WASHINGTON (AP) — President Donald Trump is going after the "horror show" known as the diversity visa lottery program. His description of it is pure fiction. The president offered a multitude of fabrications and partial truths over the past week on the subject of immigration — both the legal and...

Asian stocks rally on hope of further China-US trade talks

Feb. 17, 2019 10:32 PM EST

SINGAPORE (AP) — Asian markets were broadly higher on Monday as traders looked forward to the continuation of trade talks between Chinese and American officials in Washington this week. South Korea's Kospi jumped 0.7 percent to 2,212.38 and the Shanghai Composite index rose 1.6 percent to 2,724.23. Hong...

The Latest: Russian envoy lashes out a UK defense minister

Feb. 16, 2019 1:33 PM EST

MUNICH (AP) — The Latest on the international security conference taking place in Munich (all times local): 7 p.m. Russian Foreign Minister Sergey Lavrov has fired back at British Defense Minister Gavin Williamson, calling him the "minister of war." Lavrov's comments Saturday came the day after Williamson...

How major US stock indexes fared Friday

Feb. 15, 2019 4:52 PM EST

Stocks surged on Wall Street Friday after Chinese and U.S. officials agreed to continue trade talks in Washington next week. The rally drove the Dow Jones Industrial Average up more than 400 points and helped give the benchmark S&P 500 index its third-consecutive weekly gain. On Friday: The S&P 500 index...

Stocks post strong finish as optimism over trade talks grows

Feb. 15, 2019 4:49 PM EST

The Dow Jones Industrial Average surged more than 400 points Friday as renewed optimism over trade talks between the U.S. and China put investors in a buying mood. The rally marked a turnaround from a day earlier, when disappointing holiday sales data led to a modest sell-off. Friday's gains helped push the...

Markets Right Now: Stocks surge, boosted by trade talks

Feb. 15, 2019 4:14 PM EST

NEW YORK (AP) — The latest on developments in financial markets (all times local): 4:00 p.m. Stocks surged on Wall Street Friday after Chinese and U.S. officials agreed to continue trade talks in Washington next week. Investors are again weighing quarterly results from major U.S. companies. Newell Brands...

Europeans fire back at criticism from US over Iran

Feb. 15, 2019 2:38 PM EST

MUNICH (AP) — Germany's foreign minister on Friday slammed U.S. President Donald Trump's protectionist trade measures as creating a "lose-lose" situation and defended Europe's attempts to keep a nuclear deal with Iran alive after the unilateral American withdrawal. Heiko Maas fired back after harsh...

Trump says he might extend deadline in US-China talks

Feb. 15, 2019 12:50 PM EST

BEIJING (AP) — President Donald Trump said that "there's a possibility" he would extend a March 2 deadline in trade talks with China if the two countries are closing in on a deal. Trump made the remarks after two days of high-level negotiations broke up in Beijing Friday, and the two countries announced...