Latest Trade policy News

Leaked UK memos warn of food, drug shortages in Brexit chaos

Aug. 18, 2019 10:24 AM EDT

LONDON (AP) — Secret British government documents have warned of serious disruptions across the country in the event that the U.K. leaves the European Union without a trade deal on Oct. 31, according to a report. The Sunday Times newspaper published what it said was what the British government expects in...

Trump wields sanctions hammer; experts wonder to what end

Aug. 18, 2019 8:31 AM EDT

WASHINGTON (AP) — Call it the diplomacy of coercion. The Trump administration is aggressively pursuing economic sanctions as a primary foreign policy tool to an extent unseen in decades, or perhaps ever. Many are questioning the results even as officials insist the penalties are achieving their aims. Since...

House speaker as US emissary: Pelosi emerges as force abroad

Aug. 17, 2019 5:02 PM EDT

WASHINGTON (AP) — There's an American leader whose words resonate on the global stage. Who draws attention in foreign capitals. Who carries a message from the United States by simply arriving. It's not just President Donald Trump. House Speaker Nancy Pelosi, D-Calif., is emerging as an alternative...

Signs of recession worry Trump ahead of 2020

Aug. 17, 2019 6:29 AM EDT

WASHINGTON (AP) — President Donald Trump is warning of an economic crash if he loses reelection, arguing that even voters who personally dislike him should base their ballots on the nation's strong growth and low unemployment rate. But privately, Trump is growing increasingly worried the economy won't look...

Lawyer: Iranian supertanker captain no longer wants the job

Aug. 16, 2019 7:23 PM EDT

GIBRALTAR (AP) — The captain of an Iranian supertanker at the center of a diplomatic standoff no longer wants to keep command of the ship, which is in need of repairs that could impede its immediate departure from Gibraltar, the sailor's lawyer said Friday. Any delay in the Grace 1's departure could...

California's 113-month job growth ties record set in 1960s

Aug. 16, 2019 6:11 PM EDT

SACRAMENTO, Calif. (AP) — California's job growth is now in its 113th month, tying the expansion of the 1960s as the longest on record as the world's fifth largest economy continues its recovery from the Great Recession, officials announced Friday. The country's most populous state needs between 8,000 and...

New US Ambassador arrives in Mexico with 'hand extended'

Aug. 16, 2019 2:30 PM EDT

MEXICO CITY (AP) — New U.S. Ambassador to Mexico Christopher Landau arrived in Mexico City on Friday to take up one of Washington's most important diplomatic posts, which had been vacant for over a year, amid a tricky time for relations between the North American neighbors. Landau replaces Roberta...

Asian shares mixed amid ongoing worries about US-China trade

Aug. 16, 2019 12:36 AM EDT

TOKYO (AP) — Asian shares were mixed Friday as turbulence continued on global markets amid ongoing worries about U.S.-China trade conflict. Japan's benchmark Nikkei 225 recouped early losses to be up 0.3% at 20,456.96 in morning trading. Australia's S&P/ASX 200 inched down nearly 0.1% to 6,402.40,...

The Latest: US to revoke visas held by crew of Iranian ship

Aug. 15, 2019 10:09 PM EDT

MADRID (AP) — The latest on Iranian supertanker at center of Persian Gulf tensions (all times local): 4:05 a.m. The State Department says it will revoke U.S. visas for crew members on an Iranian oil tanker that was seized by authorities in Gibraltar for sanctions violations but released Thursday. The...

Indian business ties underpin muted Arab response to Kashmir

Aug. 15, 2019 8:49 PM EDT

DUBAI, United Arab Emirates (AP) — Gulf Arab countries have remained mostly silent as India's government moved to strip Indian-administered Kashmir of its limited autonomy, imposing a sweeping military curfew in the disputed Muslim-majority region and cutting off residents from all communication and the...