Latest Visible trade News

FILE - In this April 24, 2020, file photo, a man wearing a face mask to help stop the spread of the new coronavirus stands in a middle of a walking street in the Shinjuku ward in Tokyo. Recession-hit Japan's exports plunged nearly 22% in April, the country's worst drop in more than a decade as the coronavirus pandemic slammed global demand, the Finance Ministry said Thursday, May 21, 2020. (AP Photo/Eugene Hoshiko, File)

Recession-hit Japan's exports, imports fall due to pandemic

May. 21, 2020 1:42 AM EDT

TOKYO (AP) — Recession-hit Japan's exports plunged nearly 22% in April, marking their worst drop in more than a decade, as the coronavirus pandemic slammed global demand for autos, machinery and chemicals. Imports fell 7% from a year earlier, according to Finance Ministry data released Thursday. The drop...

Lebanese man pleads guilty to drone parts export conspiracy

May. 18, 2020 9:10 PM EDT

MINNEAPOLIS (AP) — A Lebanese man has pleaded guilty in federal court in Minnesota to conspiring to export drone parts and technology from the U.S. to Iranian-backed Hezbollah militia in Lebanon. U.S. Attorney Erica H. MacDonald said Monday that Usama Hamade, 55, pleaded guilty to conspiring to illegally...

US meat exports surge as industry struggles to meet demand

May. 13, 2020 1:03 PM EDT

OMAHA, Neb. (AP) — U.S. meat exports are surging even as the industry is struggling to meet domestic demand because of coronavirus outbreaks at processing plants that have sickened hundreds of workers and caused companies to scramble to improve conditions. Although the situation could cause concern that...

FILE - In this Nov. 4, 2019, file photo cargo cranes are used to take containers off of a Yang Ming Marine Transport Corporation boat at the Port of Tacoma in Tacoma, Wash. China has suspended punitive tariffs on more U.S. goods including radar equipment for aviation amid pressure from President Donald Trump to buy more imports as part of a truce in their trade war. (AP Photo/Ted S. Warren, File)

China suspends penalties on more US goods in trade truce

May. 12, 2020 7:16 AM EDT

BEIJING (AP) — China suspended punitive tariffs on more U.S. goods including radar equipment for aviation Tuesday amid pressure from President Donald Trump to buy more imports as part of a truce in their trade war. The Ministry of Finance said tariff increases on 79 types of goods including radar sets,...

Bosnia: imported ventilators from China useless for COVID-19

May. 11, 2020 1:50 PM EDT

SARAJEVO, Bosnia-Herzegovina (AP) — Bosnia’s state prosecutors say about a hundred ventilators imported from China by a private company and paid for by the country's government have been found to be useless for COVID-19 patients. The little known fruit-processing firm, with no license to import...

In this April 20, 2020, photo, policemen wearing face masks inspect a cargo train at a land cargo port on the border between China and Kazakhstan in Horgos in northwestern China's Xinjiang Uyghur Autonomous Region. China's exports rebounded in April to rise 3.5% over a year earlier, but forecasters warned that strength is unlikely to last as the coronavirus pandemic depresses global consumer demand. (Chinatopix via AP)

China exports rebound in April but more weakness ahead

May. 7, 2020 3:45 AM EDT

BEIJING (AP) — China’s exports rebounded in April to rise 3.5% over a year earlier, but forecasters warned that strength is unlikely to last as the coronavirus pandemic depresses global consumer demand. Exports to the United States rose 2.2%, while imports of American goods fell 11% in a sign of...

FILE - In this Nov. 4, 2019  file photo cargo cranes are used to take containers off of a Yang Ming Marine Transport Corporation boat at the Port of Tacoma in Tacoma, Wash. The U.S. trade deficit tumbled in February 2020 to the lowest level since 2016 as exports fell and imports fell more. The politically sensitive gap in the trade of goods with China narrowed in February when the world's No. 2 economy was locked down to combat the coronavirus outbreak. (AP Photo/Ted S. Warren, File)

US trade gap rises to $44.4 billlion as virus slams commerce

May. 5, 2020 9:15 AM EDT

WASHINGTON (AP) — The U.S. trade deficit rose in March as the coronavirus outbreak battered America's trade with the world. The Commerce Department reported Tuesday that the gap between what the United States sells and what it buys abroad widened 11.6% in March to $44.4 billion from $39.8 billion in...

People wear face masks to protect against the new coronavirus as they walk through a public park in Beijing, Saturday, May 2, 2020. China, where the pandemic began in December, reported one new infection and no deaths in the 24 hours through midnight Friday. (AP Photo/Mark Schiefelbein)

The Latest: China has just 2 new cases

May. 2, 2020 10:06 PM EDT

The Latest on the coronavirus pandemic. The new coronavirus causes mild or moderate symptoms for most people. For some, especially older adults and people with existing health problems, it can cause more severe illness or death. TOP OF THE HOUR: — Hundreds protest Oregon's stay-at-home order. —...

A health worker takes a swab test at a COVID-19 testing center in New Delhi, India, Monday, April 27, 2020. India’s main medical research organization has cancelled orders to procure rapid antibody test kits from two Chinese companies after quality issues and controversies over its price. (AP Photo/Manish Swarup)

China denies Indian claim that Chinese test kits are faulty

Apr. 28, 2020 10:04 AM EDT

NEW DELHI (AP) — China's embassy in New Delhi has denied allegations by the Indian government that coronavirus testing kits it ordered from China are faulty, calling the claim unfair and irresponsible. On Monday, the national Indian Council of Medical Research canceled an order for nearly 1 million rapid...

FILE - In this March 21, 2020, file photo provided by the North Korean government shows a rocket launch at an undisclosed location in North Korea. The U.N. Security Council has imposed increasingly tough sanctions against the Democratic People’s Republic of Korea, the country’s official name, including banning most of its exports and severely limiting is imports, to pressure Pyongyang to abandon its nuclear and ballistic missile programs.  Korean language watermark on image as provided by source reads:

UN experts want to blacklist 14 ships over NKorea sanctions

Apr. 19, 2020 7:53 AM EDT

UNITED NATIONS (AP) — U.N. experts have recommended blacklisting 14 vessels for violating sanctions against North Korea in a report that accuses the country of increasing illegal coal exports, imports of petroleum products and continuing with cyber attacks on financial institutions and cryptocurrency...