Latest Trade policy News

FILE - In this Jan. 22, 2020, file photo, President Donald Trump leaves after a news conference at the World Economic Forum in Davos, Switzerland. It's been a week packed with rhetoric from President Donald Trump. This, as his Senate impeachment trial unfolded and the economic forum in Davos, Switzerland, played out. An AP Fact Check put his statements under scrutiny and found distortions on a range of topics. (AP Photo/Evan Vucci, File)

AP FACT CHECK: Trump's fusillade of misfires on fateful week

Jan. 25, 2020 3:21 PM EST

WASHINGTON (AP) — Abroad, at home and in Twitter's ether, President Donald Trump unleashed a fusillade of statements over the past week as the Senate impeachment trial unfolded and the Davos economic forum played out in Switzerland. On impeachment, the state of the country, abortion, pollution and more,...

Brazil's President Jair Bolsonaro, left, shakes hand with Indian Prime Minister Narendra Modi, with Indian President Ram Nath Kovind standing beside them during his ceremonial welcome at the presidential palace in New Delhi, India, Saturday, Jan. 25, 2020. Bolsonaro is this year's chief guest for India's Republic day parade. (AP Photo/Manish Swarup)

India, Brazil agree to boost ties in IT, biofuel and mining

Jan. 25, 2020 3:16 PM EST

NEW DELHI (AP) — India and Brazil agreed Saturday to boost trade and investment across a range of fields such as defense, mining, biofuel, cybersecurity, food, the environment and health. India’s Prime Minister Narendra Modi lauded Brazil as “a valuable partner” as he and visiting...

United States Treasury Secretary Steven T. Mnuchin speaks at Chatham at House in London, Saturday, Jan. 25, 2020.  Mnuchin is visiting Britain Saturday for high level discussions on trade following his visit to the World Economic Forum in Davos, Switzerland. (AP Photo/Alberto Pezzali)

US Treasury chief says trade deal possible with UK in a year

Jan. 25, 2020 9:52 AM EST

LONDON (AP) — U.S. Treasury Secretary Steven Mnuchin suggested Saturday that Britain and America would be able to conclude a trade deal this year, despite lingering disagreements on a digital services tax and whether to allow Chinese tech giant Huawei to build aspects of a new high-speed mobile network....

FILE-In this Sept. 11, 2018 file photo, live lobsters are packed in coolers for shipment to China at The Lobster Company in Arundel, Maine. The busiest season for lobster exports to China is around Chinese New Year, which took place Saturday. Lobsters have exploded in popularity with the Chinese middle class but President Donald Trump's trade hostilities with China led to tariffs in 2018 that cratered the U.S. export market. Meanwhile, Canada's market has surged. (AP Photo/Robert F. Bukaty, files)

China deal might not bail out lobster industry this New Year

Jan. 25, 2020 9:35 AM EST

PORTLAND, Maine (AP) — American seafood exporters are optimistic that a new trade deal with China will allow them to claw back into one of the world's biggest markets for lobster, but help might not have arrived in time for the biggest day on the calendar. The busiest season for lobster exports to China...

German Finance Minister Olaf Scholz, center, looks at European Commissioner for Economy Paolo Gentiloni, front left, and European Central Bank Vice President Luis de Guindos, front right, as he arrives to an European Finance Ministers meeting at the Europa building in Brussels, Tuesday, Jan. 21, 2020. (AP Photo/Francisco Seco)

Germany says UK will face costs from Brexit

Jan. 24, 2020 8:26 AM EST

DAVOS, Switzerland (AP) — German finance minister says he is confident that his country won’t suffer from Brexit but that Britain will inevitably face “consequences” from its decision to leave the European Union. At a panel at the World Economic Forum, Olaf Scholz said Britain’s...

President Donald Trump pauses as he arrives at Miami International Airport en route to attend the Republican National Committee winter meetings, Thursday, Jan. 23, 2020, in Miami. (AP Photo/ Evan Vucci)

Trump to sign U.S.-Mexico-Canada trade deal Wednesday

Jan. 23, 2020 8:12 PM EST

MIAMI (AP) — President Donald Trump will hold a signing ceremony for the U.S.-Mexico-Canada trade agreement on Wednesday, according to the White House. The deal to modernize the North American Free Trade Agreement passed on bipartisan votes in Congress, scoring the president a significant political victory...

German Chancellor Angela Merkel addresses at the World Economic Forum in Davos, Switzerland, Thursday, Jan. 23, 2020. The 50th annual meeting of the forum is taking place in Davos from Jan. 21 until Jan. 24, 2020. (AP Photo/Markus Schreiber)

The Latest: Soros unveils $1B university plan, blasts Trump

Jan. 23, 2020 4:18 PM EST

DAVOS, Switzerland (AP) — The Latest on the World Economic Forum in Davos, Switzerland (all times local): 10:15 p.m. George Soros says he’s injecting $1 billion into a new university network that the 89-year-old billionaire investor calls the “most important and most enduring project of my...

FILE - In this Jan. 16, 2020, file photo, an investor monitors stock prices at a brokerage in Beijing. Several factors are pointing to a possible rebound in emerging market stocks this year. Stocks in China and other developing economies notched solid gains in 2019, but lagged the blockbuster market returns delivered by publicly traded companies in the U.S. and other developed economies. (AP Photo/Ng Han Guan, File)

Easing trade tensions bode well for emerging market stocks

Jan. 23, 2020 3:02 PM EST

LOS ANGELES (AP) — Several factors are pointing to a possible rebound in emerging market stocks this year. Stocks in China and other developing economies notched solid gains in 2019, but lagged the blockbuster market returns delivered by publicly traded companies in the U.S. and other developed economies....

Britain's Prime Minister Boris Johnson leaves 10 Downing Street to attend the weekley session of Prime Ministers Questions in Parliament in London, Wednesday, Jan. 22, 2020. (AP Photo/Kirsty Wigglesworth)

Next stop, Brexit: Britain's EU divorce bill becomes law

Jan. 23, 2020 1:22 PM EST

LONDON (AP) — Britain’s delayed and disputed Brexit bill became law on Thursday, removing the last U.K. obstacle to the country leaving the European Union in just over a week. The U.K. is finally leaving the 28-nation bloc more than 3 1/2 years after voters narrowly opted to do so in a June 2016...

President of European Central Bank Christine Lagarde smiles prior to a press conference following a meeting of the governing council in Frankfurt, Germany, Thursday, Jan. 23, 2020. (AP Photo/Michael Probst)

European Central Bank holds rates, launches policy review

Jan. 23, 2020 11:54 AM EST

FRANKFURT, Germany (AP) — The European Central Bank has decided to launch a top-to-bottom review of how it steers the economy in the 19 countries that use the euro currency. The review, the first since the global financial crisis, could include tweaking the bank's goal for inflation and finding ways to...