Latest Trade barriers News

Japan PM condemns Russian annexation of parts of Ukraine

Sep. 30, 2022 21:15 PM EDT

TOKYO (AP) — Japanese Prime Minister Fumio Kishida, in telephone call Friday with Ukrainian President Volodymyr Zelenskyy, condemned Russia’s new annexation of parts of Ukraine as illegal and a violation of the country's sovereignty. “I told him that the process that Russia...

Russia's nuclear trade with Europe flows despite Ukraine war

Sep. 29, 2022 10:54 AM EDT

PARIS (AP) — While the European Union has agreed to curtail its use of Russian oil and gas, its member nations continue to import and export nuclear fuel that is not under EU sanctions — to the chagrin of the Ukrainian government and environmental activists. A cargo ship...

EU plans Russia trade sanctions over 'sham' Ukraine votes

Sep. 28, 2022 11:26 AM EDT

BRUSSELS (AP) — European Union countries should impose “biting sanctions” on Russian trade and hit officials responsible for “sham referendums” held in parts of Ukraine as Moscow ramps up the war, senior EU officials said Wednesday. European Commission President Ursula von...

North Korea denies sending arms to Russia amid Ukraine war

Sep. 21, 2022 23:46 PM EDT

SEOUL, South Korea (AP) — North Korea says it hasn’t exported any weapons to Russia during the war in Ukraine and has no plans to do so, and said U.S. intelligence reports of weapons transfers were an attempt to tarnish North Korea's image. In a state media report Thursday, an...

China keeps West guessing about economic pressure on Russia

Sep. 13, 2022 23:04 PM EDT

BEIJING (AP) — Chinese leader Xi Jinping is keeping the West guessing about whether Beijing will cooperate with tougher sanctions on Russia as he meets President Vladimir Putin a year after declaring they had a “no limits” friendship ahead of the Kremlin’s invasion of Ukraine. ...

Germany: No option but to permit Russian uranium shipment

Sep. 12, 2022 15:48 PM EDT

BERLIN (AP) — The German government said Monday that it can't stop a shipment of Russian uranium destined for French nuclear plants from being processed at a site in Germany because atomic fuel isn't covered by European Union sanctions on Russia. Environmentalists have called on...

China's export growth sinks in August, imports shrink

Sep. 07, 2022 02:15 AM EDT

BEIJING (AP) — China’s trade weakened in August as high energy prices, inflation and anti-virus measures weighed on global and Chinese consumer demand, while imports of Russian oil and gas surged. Exports rose 7% over a year ago to $314.9 billion, decelerating from July’s 18%...

US: Russia to buy rockets, artillery shells from North Korea

Sep. 06, 2022 17:55 PM EDT

WASHINGTON (AP) — The Russian Ministry of Defense is in the process of purchasing millions of rockets and artillery shells from North Korea for its ongoing fight in Ukraine, according to a newly downgraded U.S. intelligence finding. Brig. Gen. Pat Ryder, the Pentagon press...

Russia's Sberbank to sell off sanctions-hit Swiss subsidiary

Sep. 02, 2022 17:27 PM EDT

GENEVA (AP) — The Swiss financial markets watchdog said Friday that Sberbank, one of Russia's largest banks, is selling its Swiss subsidiary, which had come under pressure because of international sanctions on Russian interests over the invasion of Ukraine. Sberbank (Switzerland)...

Six months into war, Russian goods still flowing to US

Aug. 25, 2022 16:02 PM EDT

BALTIMORE (AP) — On a hot, humid East Coast day this summer, a massive container ship pulled into the Port of Baltimore loaded with sheets of plywood, aluminum rods and radioactive material – all sourced from the fields, forests and factories of Russia. President Joe Biden...