Latest International trade News

AP FACT CHECK: Trump exaggerates scope of cease-fire deal

Oct. 21, 2019 6:07 AM EDT

WASHINGTON (AP) — As President Donald Trump describes it, the U.S. swooped into an intractable situation in the Middle East, achieved an agreement within hours that had eluded the world for years and delivered a "great day for civilization." It was a mission-accomplished moment that other Republican...

Japan exports fall for 10th straight month in September

Oct. 21, 2019 5:56 AM EDT

TOKYO (AP) — Japan's exports fell for a 10th straight month in September as trade tensions between the U.S. and China hit demand for machinery and other manufacturing mainstays, the government said Monday. The Finance Ministry said the trade deficit in September totaled $1.1 billion, a third consecutive...

World shares gain on upbeat comment on China-US trade talks

Oct. 21, 2019 4:52 AM EDT

TOKYO (AP) — Global shares are mostly higher after China's top trade negotiator said over the weekend that Beijing and Washington were making progress in trade talks. Britain's FTSE 100 was flat at 7,164.64 amid uncertainties over the UK's exit from the European Union. France's CAC 40 rose 0.3% in early...

Asian shares mixed amid uncertainties on Brexit, China trade

Oct. 21, 2019 1:41 AM EDT

TOKYO (AP) — Asian shares were mixed Monday amid uncertainties about Britain's exit from the European Union and the ongoing trade conflict between the U.S. and China. Japan's benchmark Nikkei 225 gained nearly 0.3% in early trading to 22,548.07. South Korea's Kospi picked up 0.2% to 2,065.68, while Hong...

Raines recalls Montreal, roots for Nats; others, maybe not

Oct. 20, 2019 4:24 PM EDT

MONTREAL (AP) — Tim Raines started wearing the tricolor cap as a teen and proudly sported the Montreal Expos logo for years, all the way onto his Hall of Fame plaque. So no wonder who he'll cheer for when his old team — albeit now in Washington — plays in its first World Series, a...

AP FACT CHECK: Trump's Syrian mission-accomplished moment

Oct. 19, 2019 10:47 PM EDT

WASHINGTON (AP) — As President Donald Trump describes it, the U.S. swooped into an intractable situation in the Middle East, achieved an agreement within hours that had eluded the world for years and delivered a "great day for civilization." It was a mission-accomplished moment that other Republican...

Finance officials pledge to combat global economic slowdown

Oct. 19, 2019 3:42 PM EDT

WASHINGTON (AP) — Global finance officials wrapped up their fall meetings on Saturday with a pledge to "employ all appropriate tools" to combat the weakest global growth in a decade, but there was little evidence of progress in easing trade tensions, a major source of the slowdown. The policy-setting...

IMF, World Bank leaders appeal for an end to trade wars

Oct. 18, 2019 3:06 PM EDT

WASHINGTON (AP) — The leaders of the International Monetary Fund and the World Bank appealed to their 189 member countries on Friday to resolve widening disagreements on trade and other issues, warning that the divisions threaten to worsen the impact of a global slowdown. The IMF's managing director,...

Despair in Burgundy and beyond, as US tariffs hit EU goods

Oct. 18, 2019 2:46 PM EDT

CHABLIS, France (AP) — French vintners are begging for government aid. Italian farmers are scrambling for new export markets. And American shoppers are about to face supermarket sticker shock on European products. That's because some $7.5 billion in U.S. tariffs on European food, wine and other goods took...

Despite labor costs, GM averts financial woes of its past

Oct. 18, 2019 2:16 PM EDT

DETROIT (AP) — A decade ago, high labor costs helped drag a bloated and debt-ridden General Motors into a government-funded bankruptcy. Now, a contract deal reached this week with the United Auto Workers union will raise the company's costs once again, at a time when the auto industry is facing the...