Latest International trade News

Japan, South Korea hold export talks, seek dispute solution

Dec. 16, 2019 12:00 AM EST

TOKYO (AP) — Senior officials from Japan and South Korea were holding talks Monday on high-tech exports for the first time since Tokyo tightened controls on South Korean semiconductor parts earlier this year. The director-general level meeting was taking place in Tokyo between Yoichi Iida of Japan's Trade...

Mexico trade negotiator: We'll never accept US 'inspectors'

Dec. 15, 2019 4:41 PM EST

MEXICO CITY (AP) — Mexico’s trade negotiator for North America said Sunday that Mexico categorically opposes allowing foreign labor inspectors to operate in the country, saying that was not contemplated in the recent agreement with Washington and Ottawa on the USMCA pact to replace the North...

No letup for UK lawmakers: Johnson presses ahead with Brexit

Dec. 15, 2019 10:52 AM EST

LONDON (AP) — There will be no letup for U.K. lawmakers worn out after Britain’s bruising election campaign. Prime Minister Boris Johnson is set to begin “before Christmas” the push to secure Parliamentary approval for his Brexit deal. Buoyed by its landslide victory in Thursday's...

China delays tariffs on US autos, other goods in trade deal

Dec. 15, 2019 3:57 AM EST

BEIJING (AP) — China’s government says it will postpone planned punitive tariffs on U.S.-made automobiles and other goods following an interim trade deal with Washington. Sunday’s announcement came after Washington agreed to postpone a planned tariff hike on $160 billion of Chinese goods and...

White gold: Cyprus' halloumi cheese entangled in politics

Dec. 15, 2019 3:16 AM EST

NICOSIA, Cyprus (AP) — Dairy farmers on Cyprus refer to halloumi as “white gold.” The salty, rubbery cheese made from goats' and sheep's milk and prized for its ability to withstand a grill without melting is the country's leading export. Cypriot authorities have spent years trying to get...

Mexico objects over US bill on ratifying trade pact

Dec. 14, 2019 7:45 PM EST

MEXICO CITY (AP) — Just days after a landmark agreement on a trade pact to replace the North American Free Trade Agreement, Mexico objected Saturday to legislation introduced in the U.S. Congress as part of an eventual ratification of the deal. Jesús Seade, the Mexican Foreign Relations...

Louisiana sues California over alligator ban

Dec. 14, 2019 9:29 AM EST

NEW ORLEANS (AP) — Louisiana is suing the state of California over its decision to ban the import and sale of alligator products, saying the ban will hurt an important Louisiana industry and ultimately could hurt the state's wetlands. In a lawsuit filed Thursday, Louisiana said the economy surrounding...

University forecasts economic slowdown in Georgia in 2020

Dec. 14, 2019 9:27 AM EST

ATLANTA (AP) — An economic forecast predicts fewer jobs will be created in Georgia next year as the state's economy continues to grow, but at a slower pace. The unemployment rate is forecast to rise to 4.2% in 2020, compared to an estimated 3.7% for all of 2019, according to the Georgia Economic Outlook....

Shooting shows New Jersey's gun laws aren't stopping imports

Dec. 14, 2019 9:13 AM EST

TRENTON, N.J. (AP) — Officials from states with strong gun restrictions have called for stricter firearm control in places with weaker laws to thwart traffickers, but the fatal attack on a Jewish market in New Jersey shows how fruitless those efforts can be. Three civilians and a police officer were...

China welcomes preliminary deal in trade war it blames on US

Dec. 14, 2019 8:44 AM EST

BEIJING (AP) — China expressed cautious optimism Saturday about a first-step trade agreement that dials down a trade war it blames the U.S. for starting. Chinese experts and news media joined government officials in saying the deal would reduce uncertainty for companies, at least in the short term. They...