Latest International trade News

Mexico overtakes China as the leading source of goods imported by US

Feb. 07, 2024 23:39 PM EST

WASHINGTON (AP) — For the first time in more than two decades, Mexico last year surpassed China as the leading source of goods imported by the United States. The shift reflects the growing tensions between Washington and Beijing as well as U.S. efforts to import from countries that are friendlier...

China, US hold economic talks as trade issues heat up on the campaign trail

Feb. 07, 2024 04:19 AM EST

BANGKOK (AP) — Chinese and U.S. officials have met in Beijing for talks on tough issues dividing the two largest economies, as trade and tariffs increasingly draw attention in the runup to the U.S. presidential election. China’s Ministry of Finance said Beijing raised objections...

China markets slump to 5-year lows as regulator promises to protect small investors

Feb. 05, 2024 06:34 AM EST

BANGKOK (AP) — Chinese shares gyrated on Monday, sinking to 5-year lows after market regulators sought to reassure jittery investors with a promise to crack down on stock price manipulation and “malicious short selling.” Shares in Shanghai and the smaller market in Shenzhen,...

Debt-stricken Sri Lanka signs a free trade pact with Thailand

Feb. 03, 2024 10:46 AM EST

COLOMBO, Sri Lanka (AP) — Debt-stricken Sri Lanka signed a trade pact with Thailand on Saturday in a bid to boost trade and investment as the Indian ocean island nation is struggling to recover from its worst economic crisis that hit two year ago. The Sri Lanka Thailand Free Trade...

Britain's post-Brexit trade talks with Canada break down as they disagree over beef and cheese

Jan. 26, 2024 10:39 AM EST

LONDON (AP) — The British government has called off post-Brexit trade talks with Canada after discussions broke down over disagreements related to the import and export of beef and cheese. The two countries have been negotiating a new trade deal over the past two years since...

House panel urges tougher trade rules for China, raising chance of more tariffs if Congress agrees

Dec. 12, 2023 18:43 PM EST

WASHINGTON (AP) — A special House committee focused on China is calling for altering the way the U.S. treats Chinese-made goods, possibly subjecting them to higher tariffs even if its risks increased tensions between the two economic superpowers. The report does not specifically...