Latest Global trade News

Jiang Zemin, who guided China's economic rise, dies

Nov. 30, 2022 14:13 PM EST

BEIJING (AP) — Jiang Zemin, who led China out of isolation after the army crushed the Tiananmen Square pro-democracy protests in 1989 and supported economic reforms that led to a decade of explosive growth, died Wednesday. He was 96. Jiang, who was president for a decade until 2003...

China anti-virus curbs spur fears of global economic impact

Nov. 22, 2022 09:26 AM EST

BEIJING (AP) — More than 253,000 coronavirus cases have been found in China in the past three weeks and the daily average is rising, the government said Tuesday, adding to pressure on officials who are trying to reduce economic damage by easing controls that confine millions of people to their...

Australia ratifies free trade deals with India and Britain

Nov. 21, 2022 23:40 PM EST

CANBERRA, Australia (AP) — Australia’s Parliament passed bilateral free trade agreements with India and Britain on Tuesday, leaving those partner nations to bring the deals into force. The deals are crucial for Australia to diversify its exports from the troubled Chinese market...

Air show seeks to position China as global competitor

Nov. 08, 2022 02:58 AM EST

BEIJING (AP) — China is displaying its latest generation fighter jets and civilian aircraft this week as it looks to carve a larger role for itself in the global arms trade and compete with Boeing and Airbus. China is currently the world’s fourth-largest arms exporter and an...

Live updates | Climate Summit

Nov. 07, 2022 16:08 PM EST

The Latest on COP27, this year's annual UN summit on climate change. SHARM EL-SHEIKH, Egypt — French President Emmanuel Macron said he discussed human rights with Egyptian President Abdel Fattah el-Sissi and hoped to soon get “results” in the form of a release of political...

EU, US set up task force to resolve electric vehicle feud

Oct. 26, 2022 05:38 AM EDT

BRUSSELS (AP) — The U.S. and the European Union have set up a task force tasked with resolving a dispute over electric vehicle batteries that the EU says would discriminate against manufacturers in the 27-nation bloc and break World Trade Organization rules. Under the Inflation...

Sparkling fish, murky methods: the global aquarium trade

Oct. 19, 2022 08:55 AM EDT

LES, Indonesia (AP) — After diving into the warm sea off the coast of northern Bali, Indonesia, Made Partiana hovers above a bed of coral, holding his breath and scanning for flashes of color and movement. Hours later, exhausted, he returns to a rocky beach, towing plastic bags filled with his...

Editorial Roundup: United States

Oct. 18, 2022 16:38 PM EDT

Excerpts from recent editorials in the United States and abroad: Oct. 17 The Washington Post on free prison phone calls Imagine having to go into debt to stay in touch with a loved one — all while fearing for their safety and well-being. That is the...

WTO predicts trade growth to slow next year amid crises

Oct. 05, 2022 06:37 AM EDT

GENEVA (AP) — The World Trade Organization is predicting global trade volumes will grow a lackluster 1% next year as crises and challenges weigh on markets, including high energy prices, rising interest rates and uncertainties about Chinese manufacturing output amid the lingering COVID-19...

Greece ratifies deal to recoup 161 ancient treasures from US

Sep. 08, 2022 13:41 PM EDT

Greece has ratified a complex deal for the return, over coming decades, of 161 striking ancient Greek artifacts from a U.S. billionaire's collection after Athens conceded it had no evidence they'd been illegally excavated and exported. The mostly marble works date from 5300-2200 BC,...