Latest Trade agreements News
Australia, Britain reach free trade deal to cut many tariffs
LONDON (AP) — Britain and Australia announced the broad outlines of a free trade deal Tuesday, eliminating tariffs on a wide range of goods as the U.K. seeks to expand links around the world following its exit from the European Union. The pact is expected to boost...
Odds of settling US-EU trade rifts? Hope may outrun progress
WASHINGTON (AP) — President Joe Biden has vowed to mend America’s trade relations with its European allies, which were stretched to the breaking point by President Donald Trump’s mercurial behavior, combative policies and aversion to multinational alliances. Yet...
UN approves Costa Rica's Grynspan to head UN trade body
UNITED NATIONS (AP) — The U.N. General Assembly on Friday approved the nomination of Costa Rican economist Rebecca Grynspan to head the U.N. agency promoting trade and development, the first woman and Central American to lead the Geneva-based organization. She was...
Biden, Johnson strike warm tone in first meeting
CARBIS BAY, England (AP) — Striking a warm tone, President Joe Biden and British Prime Minister Boris Johnson used their first meeting Thursday to highlight a commitment to strengthening their nations' historic ties while setting aside, at least publicly, their political and personal...
EU vows a firm response as Brexit tensions rise anew
BRUSSELS (AP) — Top European Union officials vowed Thursday to use all measures available to ensure that the United Kingdom respects the terms of its Brexit agreement with the bloc as tensions rise over trade involving Northern Ireland. “It is paramount to implement...
EU warns of retaliation as post-Brexit talks with U.K. stall
LONDON (AP) — A top European Union official said Wednesday that Britain could face retaliatory tariffs or other sanctions after talks failed to resolve an increasingly heated dispute over implementation of their post-Brexit trade deal in Northern Ireland. Maros...
WTO to intensify talks on easing access to COVID-19 vaccines
GENEVA (AP) — World Trade Organization member nations agreed Wednesday to intensify talks geared at improving access to COVID-19 products, as developing nations push for a proposal to ease patents and other intellectual property protections for coronavirus vaccines and some wealthier...
Australia says WTO should punish Chinese economic coercion
CANBERRA, Australia (AP) — The World Trade Organization should penalize “bad behavior when it occurs,” Australia's prime minister said Wednesday ahead of a Group of Seven leaders’ meeting in Britain where he hopes to garner support in a trade dispute with China. ...
Biden to get warm welcome from relieved but wary allies
LONDON (AP) — When U.S. President Joe Biden flies to Europe this week, he will find his hosts welcoming but wary. His predecessor Donald Trump may be gone, but he leaves a long shadow. Biden’s first foreign trip as president starts Wednesday and includes a gathering...
Norway, Iceland, Liechtenstein reach trade deal with UK
COPENHAGEN, Denmark (AP) — Norway and two other non-EU European nations on Friday reached a trade deal with Britain following the country's departure from the bloc last year. Britain is Norway's largest trading partner outside the bloc. The deal also covers Iceland and...
