Latest Trade barriers News

The Latest: Pro-Navalny protest in Geneva on eve of summit

Jun. 15, 2021 16:17 PM EDT

The Latest on U.S. President Joe Biden's trip to Europe: GENEVA — A few dozen supporters of jailed Russian opposition leader Alexey Navalny have staged a colorful, cheeky rally in Geneva, in the hope of sending a message to Russian President Vladimir Putin ahead of his...

Airbus-Boeing deal eases US-EU tensions but conflicts remain

Jun. 15, 2021 15:32 PM EDT

BRUSSELS (AP) — The deal the United States and the European Union reached Tuesday to end their long-running rift over subsidies to Boeing and Airbus will suspend billions in punitive tariffs. It will ease trans-Atlantic tensions. And it will let the two sides focus on a common economic...

Australia, Britain reach free trade deal to cut many tariffs

Jun. 15, 2021 09:56 AM EDT

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

Jun. 14, 2021 00:19 AM EDT

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...

Chinese exports jump, gap with US grows as tensions persist

Jun. 07, 2021 04:49 AM EDT

BANGKOK (AP) — China's exports and imports surged in May and its politically sensitive surplus with the U.S. grew as the pandemic was waning in important markets in the West. Customs data released Monday showed China’s exports rose 28% from a year earlier and imports...

Asia-Pacific trade ministers mull vaccine access, supply

Jun. 05, 2021 09:55 AM EDT

BANGKOK (AP) — Improved access to coronavirus vaccines and other tools needed to fight the pandemic are vital to crushing the pandemic and hastening a recovery, officials said Saturday in an online meeting of Pacific Rim economies. The unprecedented crisis brought on...

Biden widens list of Chinese firms off-limits for investment

Jun. 04, 2021 08:43 AM EDT

China vehemently objected Friday to U.S. President Joe Biden’s expansion of a list of Chinese companies whose shares are off-limits to American investors because of their purported links to the Chinese military and surveillance. The White House issued the update late...

China trade envoy, US Treasury secretary meet by video

Jun. 02, 2021 00:08 AM EDT

BEIJING (AP) — China’s chief economic envoy and Treasury Secretary Janet Yellen held their first meeting by video Wednesday, but the two sides gave no indication when negotiations on ending their tariff war might resume. Vice Premier Liu He and Yellen discussed the...

US, Chinese trade war envoys talk; no sign of negotiations

May. 26, 2021 23:12 PM EDT

BEIJING (AP) — U.S. and Chinese trade envoys talked by phone Thursday for the first time since President Joe Biden took office, but the two sides gave no sign when negotiations on ending their tariff war might restart. U.S. Trade Representative Katherine Tai discussed...

Factory boss defiant as sanctions bite in China's Xinjiang

May. 25, 2021 02:31 AM EDT

AKSU, China (AP) — A backlash against reports of forced labor and other abuses of the largely Muslim Uyghur ethnic group in Xinjiang is taking a toll on China's cotton industry, but it's unclear if the pressure will compel the government or companies to change their ways. ...