Latest Trade regulation News

Businesses showing discontent with Trump's trade policies

Jun. 12, 2019 1:45 PM EDT

WASHINGTON (AP) — President Donald Trump's aggressive and wildly unpredictable use of tariffs is spooking American business groups, which have long formed a potent force in his Republican Party. Corporate America was blindsided last week when Trump threatened to impose crippling taxes on Mexican imports in...

Businesses warn Trump of consequences of new Mexican tariffs

May. 31, 2019 4:03 PM EDT

WASHINGTON (AP) — Despite pushback from U.S. business, Mexico and Capitol Hill, President Donald Trump doubled down Friday on his threat to slap a 5% tariff on Mexican imports unless America's southern neighbor cracks down on Central American migrants trying to cross the U.S. border. U.S. manufacturers...

Trump announces new Mexican tariffs in response to migrants

May. 31, 2019 12:11 AM EDT

WASHINGTON (AP) — In a surprise announcement that could derail a major trade deal, President Donald Trump announced Thursday that he is slapping a 5% tariff on all Mexican imports, effective June 10, to pressure the country to do more to crack down on the surge of Central American migrants trying to cross...

Drugmakers ask court to dismiss Arkansas opioid lawsuit

May. 21, 2019 1:57 PM EDT

LITTLE ROCK, Ark. (AP) — Three drug manufacturers are asking a judge to dismiss a lawsuit that Arkansas' attorney general filed accusing the companies of deceptive marketing that fueled a spike in opioid abuse. Purdue Pharma, Johnson & Johnson and Endo Pharmaceuticals responded Monday to the lawsuit...

The Latest: Huawei: US actions should worry other firms too

May. 21, 2019 11:35 AM EDT

BEIJING (AP) — The Latest on U.S. restrictions on sales to Chinese technology giant Huawei (all times local): 7:00 p.m. Chinese tech giant Huawei's top executive in the European Union is lashing out at the Trump administration's recently announced trade ban on the company and says other firms should be...

China retaliates on tariffs, stock markets go into a slide

May. 13, 2019 9:36 PM EDT

BEIJING (AP) — Sending Wall Street into a slide, China announced higher tariffs Monday on $60 billion worth of American goods in retaliation for President Donald Trump's latest penalties on Chinese products. Duties of 5% to 25% will take effect on June 1 on about 5,200 American products, including...

Trump has long seen previous US trade agreements as losers

May. 11, 2019 12:50 PM EDT

WASHINGTON (AP) — President Donald Trump's combative approach to trade has been one of the main constants among his often-shifting political views. And he's showing no signs of backing off now, even as the stakes intensify with the threat of a full-blown trade war between the world's two biggest economies....

State of small business more mixed than administration says

May. 1, 2019 12:12 PM EDT

NEW YORK (AP) — As Small Business Week approaches, the nation's smallest companies in the aggregate are by many accounts doing fairly well. They're not, however, thriving en masse in direct response to Trump administration and Republican policies. Small business hiring is erratic, according to numbers...

The Latest: Trump says 'arms trade treaty' misguided

Apr. 26, 2019 8:19 PM EDT

WASHINGTON (AP) — The Latest on President Donald Trump and the National Rifle Association (all times local): 8:20 p.m. President Donald Trump says he's withdrawing the U.S. from an arms trade treaty because it's "badly misguided." He made the announcement in a speech to the National Rifle Association. The...

Trump tells NRA he's withdrawing from arms trade treaty

Apr. 26, 2019 6:35 PM EDT

INDIANAPOLIS (AP) — In a largely symbolic gesture to a group that helped him win the White House, President Donald Trump said Friday he is pulling the U.S. back from an international agreement on the arms trade, telling the National Rifle Association the treaty is "badly misguided." Trump made the...