Latest Trade policy News

Stocks stall in midday trading as caution lingers over trade

Oct. 14, 2019 11:55 AM EDT

NEW YORK (AP) — Stocks stalled in midday trading on Wall Street Monday as investors remain cautious about the prospects of a full trade agreement between the U.S. and China. Technology and health care stocks were posting some solid gains even as the energy sector fell because of a decline in the price of...

Global stocks turn lower as US-China tariff truce in focus

Oct. 14, 2019 7:44 AM EDT

BEIJING (AP) — Global shares turned lower Monday after the U.S. and China announced a truce on tariff hikes but uncertainty remained over their wide-ranging economic dispute. London and Frankfurt declined and Wall Street was set for small losses on the open, while Asian markets largely closed higher....

China's trade with US shrinks again in September

Oct. 14, 2019 6:33 AM EDT

BEIJING (AP) — China's trade with the United States fell by double digits again in September amid a tariff war that threatens to tip the global economy into recession. Exports to the United States, China's biggest foreign market, fell 21.9% to $36.5 billion, a deterioration from August's 16% decline,...

WTO body formally OKs US sanctions against EU in Airbus case

Oct. 14, 2019 4:42 AM EDT

GENEVA (AP) — The World Trade Organization has formally given the go-ahead for the United States to impose trade sanctions on up to $7.5 billion worth of European Union goods following a ruling that European plane maker Airbus received illegal subsidies. The move by the trade body's dispute settlement body...

AP FACT CHECK: Trump's premature win on trade, Syria fiction

Oct. 14, 2019 1:13 AM EDT

WASHINGTON (AP) — It was a week of caustic rhetoric by President Donald Trump over Syria and the impeachment inquiry, and truth often took a beating. Seeking to justify pulling U.S. troops out of Syria, Trump spread false information about the total defeat of the Islamic State and misrepresented the scope...

Asian stocks gain after US-China announce truce on tariffs

Oct. 14, 2019 12:34 AM EDT

BEIJING (AP) — Asian stock markets have risen after Washington and Beijing announced a truce on tariff hikes in a trade war. Benchmarks in Shanghai, Hong Kong and Seoul advanced. Japanese markets were closed for a holiday. President Donald Trump agreed Friday to put off planned tariff hikes this week on...

China's September imports from United States fall 20.5% amid tariff war, exports to U.S. market down 17.8%

Oct. 13, 2019 11:08 PM EDT
BEIJING (AP) — China's September imports from United States fall 20.5% amid tariff war, exports to U.S. market down 17.8%.

Impeachment dominates, but much other work awaits Congress

Oct. 13, 2019 10:48 AM EDT

WASHINGTON (AP) — Impeachment may have leapfrogged to the top of the national agenda, but members of Congress still have their day jobs as legislators, and they're returning to Washington this coming week with mixed hopes of success. It's a volatile, difficult-to-predict time in Washington as lawmakers end...

China, Nepal sign deals for connectivity, security and trade

Oct. 13, 2019 8:07 AM EDT

KATHMANDU, Nepal (AP) — Nepal and China signed 20 agreements on Sunday, including one on a trans-Himalayan railway, as Chinese President Xi Jinping wrapped up a two-day visit to the Himalayan nation. After talks in Kathmandu, Xi and Nepalese Prime Minister K.P. Sharma Oli witnessed the signing of 18...

Companies welcome US-China trade truce, warn disputes remain

Oct. 12, 2019 3:22 AM EDT

BEIJING (AP) — Companies have welcomed a U.S.-Chinese trade truce as a possible step toward breaking a deadlock in a 15-month-old tariff war, while economists caution there was little progress toward settling core disputes including technology that threaten global growth. President Donald Trump said...