Latest Trade agreements News
AP Explains: Trump actions on Hong Kong just threats for now
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...
Stocks erase a loss as worries over China tensions fizzle
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...
Venezuela to escort Iranian tankers bringing needed fuel
CARACAS, Venezuela (AP) — Venezuela’s defense minister said Wednesday that planes and ships from the nation's armed forces will escort Iranian tankers arriving with fuel to the gasoline-starved country in case of any U.S. aggression. Defense Minister Vladimir Padrino López said Venezuela's...
As EU talks stall, UK outlines tariffs for post-Brexit world
LONDON (AP) — The British government published Tuesday the outlines of a new post-Brexit tariff regime that could potentially lead to a fall in the price of thousands of products, including Christmas trees, cocoa and fridges. The Department for International Trade said the new regime will see tariffs...
UK-EU deadlocked in Brexit talks as clock ticks down
BRUSSELS (AP) — Talks between the European Union and the United Kingdom on their post-Brexit relationship ground to a near-standstill Friday, with each side accusing the other of blocking progress on a trade deal just weeks before a crucial summit. The EU's chief negotiator, Michel Barnier, told a news...
EU-UK talks struggle amid pandemic, cross-Channel division
BRUSSELS (AP) — Slowed by the coronavirus pandemic and whipped up by a U.K.-imposed deadline, talks between the European Union and Britain on their future relationship in the wake of Brexit are struggling to make significant progress. Reduced to negotiating sessions on video because of travel...
AGs in 14 states to Trump: Let's hold China accountable
Tallahassee, Fla. (AP) — Republican attorneys general in 14 states asked President Donald Trump on Wednesday to form a state-federal partnership to hold China accountable for damages caused by the spread of the new coronavirus. The letter to the president says “the Chinese communist...
US meat exports surge as industry struggles to meet demand
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...
Iran’s president replaces trade chief as car prices up 60%
TEHRAN, Iran (AP) — Iran’s president has dismissed its trade and industry minister amid ongoing economic problems that have seen car prices skyrocket by more than 60%. Iran has been in the grip of a severe economic crisis since President Donald Trump withdrew the U.S. from the 2015 nuclear deal and...
Stocks rise on hopes that awful jobs report marks the bottom
Wall Street doubled down on its bet that the worst of the recession has passed, sending stocks higher again on Friday despite another historic, crushing report on the job market. Stocks around the world were already rising before the U.S. government gave its monthly report on jobs, in part on hopes that the U.S....
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