Latest International trade News

A worker wearing a protective face mask to help curb the spread of the new coronavirus wipes window panels of a fashion clothing store in Beijing, Thursday, May 28, 2020. The legislature on Thursday approved a government budget that will increase spending to generate jobs in an effort to reverse an economic slump after Chinese industries were shut down to fight the coronavirus pandemic. (AP Photo/Andy Wong)

China's manufacturing still sluggish as virus hits exports

May. 30, 2020 11:55 PM EDT

BEIJING (AP) — China's manufacturing activity expanded in May but at a sluggish pace for the second straight month as the coronavirus pandemic weighed on the global economy. A monthly purchasing managers’ index issued Sunday slipped to 50.6, down from 50.8 in April. A reading above 50 means that...

President Donald Trump speaks in the Rose Garden of the White House, Friday, May 29, 2020, in Washington. (AP Photo/Alex Brandon)

AP Explains: Trump actions on Hong Kong just threats for now

May. 30, 2020 12:45 PM EDT

WASHINGTON (AP) — President Donald Trump has announced what he said are “significant actions” regarding U.S. relations with Hong Kong. But the measures are still just a warning, at least for now. He said he would direct his administration to begin eliminating the policies that give the...

A woman passes a fence outside Brooklyn's Green-Wood Cemetery adorned with tributes to victims of COVID-19, Thursday, May 28, 2020, in New York. The memorial is part of the Naming the Lost project which attempts to humanize the victims who are often just listed as statistics. (AP Photo/Mark Lennihan)

The Latest: 400 German managers, workers returning to China

May. 29, 2020 10:43 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: — Two United Nations peacekeepers serving in Mali have died...

A man walks past an electronic stock board showing Japan's Nikkei 225 index at a securities firm in Tokyo Friday, May 29, 2020. Shares fell Friday in Asia after Wall Street’s rally petered out amid worries about flaring U.S.-China tensions. (AP Photo/Eugene Hoshiko)

Stocks erase a loss as worries over China tensions fizzle

May. 29, 2020 5:13 PM EDT

Stocks closed out a solid week on Wall Street Friday with a late-afternoon rebound after worries that President Donald Trump would reignite a costly trade war with China faded. The benchmark S&P 500 index rose 0.5%, recovering from a 1% slide, after Trump outlined several actions in response to a move by...

In this undated photo provided on Sunday, May 24, 2020, by the North Korean government, North Korean leader Kim Jong Un speaks during a meeting of the Seventh Central Military Commission of the Workers' Party of Korea in North Korea. Independent journalists were not given access to cover the event depicted in this image distributed by the North Korean government. The content of this image is as provided and cannot be independently verified. (Korean Central News Agency/Korea News Service via AP)

US charges North Koreans in $2.5B sanctions-busting scheme

May. 28, 2020 8:52 PM EDT

WASHINGTON (AP) — The Justice Department has accused a network of North Korean and Chinese citizens of secretly advancing North Korea’s nuclear weapons program by channeling at least $2.5 billion in illicit payments through hundreds of front companies. The indictment, unsealed Thursday in...

In this photo released by Xinhua News Agency, visitors tour the Chinese internet security firm Qihoo 360 showcasing it 5G digital security and protection system at the World 5G Convention in Beijing on Nov. 21, 2019. One of China's biggest tech companies has criticized the Trump administration for

China demands US withdraw sanctions on tech suppliers

May. 25, 2020 6:26 AM EDT

BEIJING (AP) — China demand Monday that Washington withdraw export sanctions imposed on Chinese companies in the latest round of a worsening conflict over technology, security and human rights. The foreign ministry accused the Trump administration of interfering in China's affairs by adding eight companies...

A woman wearing a face mask walks past a bank's electronic board showing the Hong Kong share index at Hong Kong Stock Exchange Thursday, May 21, 2020. Asian stock markets are mixed after Wall Street rose amid Chinese trade tension with Washington and Australia. Investors looked ahead to Friday’s meeting of China’s legislature for details of possible new steps by Beijing to stimulate its virus-battered economy.(AP Photo/Vincent Yu)

Asian shares fall on US friction with China, Hong Kong fears

May. 21, 2020 11:56 PM EDT

BANGKOK (AP) — Shares slipped in Asia on Friday as tensions flared between the U.S. and China and as more job losses compounded the economic fallout from the coronavirus pandemic. Hong Kong’s benchmark led regional losses, dropping 3.9% to 23,332.78 after the central government in Beijing said...

FILE - In this Aug. 15, 2019, file photo shoppers enter the TJ Maxx store in Manchester, N.H. TJX Companies Inc., parent of T.J. Maxx and other discount stores reports financial results on Wednesday, Feb. 26, 2020. (AP Photo/Charles Krupa, File)

Retailers reopening more stores, tourism expanding

May. 21, 2020 7:04 PM EDT

The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments Thursday related to national and global response, the work place and the spread of the virus. ________________________ RETAIL ROUNDUP: Macy’s warns it could lose more than a $1...

In this Wednesday, May 20, 2020, photo, Chinese police stand guard in front of Tiananmen Gate in Beijing. This year's version of China's biggest political meeting of the year will be unlike any other. Delayed from March because of the then-spiraling coronavirus outbreak, the decision to go ahead with the gathering signals a partial return to normalcy in the country where the pandemic first broke out.

White House report blasts Chinese 'malign activities'

May. 21, 2020 6:29 AM EDT

WASHINGTON (AP) — Beyond its hard-hitting rhetoric against China over its handling of the coronavirus, the White House has issued a broad-scale attack on Beijing's predatory economic policies, military buildup, disinformation campaigns and human rights violations. The 20-page report does not signal a...

FILE - In this  Monday, May 11, 2020, file photo, Nepalese students shout slogans during a protest against the Indian government inaugurating a new road through a disputed territory between India and Nepal, in Kathmandu, Nepal. India’s territorial dispute with its tiny Himalayan neighbour flared up with New Delhi rejecting Nepal’s claim for the second time within a week over an area where India has built a road leading to a revered Hindu pilgrimage site in the Tibetan plateau. In a strongly-worded statement issued late Wednesday, India objected to the Nepalese government releasing a revised official map of Nepal that includes parts of what it claims to be Indian territory.  Nepal says the road passes through its territory. (AP Photo/Niranjan Shrestha, File)

India-Nepal territorial dispute flares over road to Tibet

May. 21, 2020 5:37 AM EDT

NEW DELHI (AP) — A long-running territorial dispute between India and Nepal has flared over a new Indian-built road to a revered Hindu pilgrimage site in Tibet that Nepal says passes through its territory. India has issued a strongly worded statement in which it objected to a new map issued by the Nepalese...