Latest Free trade News

European, Asian leaders want free trade, push back at Trump

Oct. 19, 2018 2:22 PM EDT

BRUSSELS (AP) — Europe and Asia presented a united front Friday in support of free trade based on international rules and cooperation, starkly underscoring their differences with U.S. President Donald Trump's "America First" policy. That support for free trade "is the most important signal from this...

European and Asian leaders seek to boost trade, security

Oct. 18, 2018 2:46 PM EDT

BRUSSELS (AP) — Europe and Asia should use their combined economic clout "to tackle global challenges such as trade tensions that put millions of jobs at risk" and the threat of climate change, a top European official said Thursday. European Council President Donald Tusk spoke in Brussels as he opened the...

Japan exports fall in September, first decline since 2016

Oct. 17, 2018 11:28 PM EDT

TOKYO (AP) — Japan recorded a trade surplus for September of 139.6 billion yen ($1.2 billion), but exports fell 1.2 percent from the previous year in the first decline for the world's third largest economy since 2016. A series of natural disasters took a toll, but the lag in exports also reflects...

US to enter trade talks with Japan, European Union, Britain

Oct. 16, 2018 6:30 PM EDT

WASHINGTON (AP) — The Trump administration notified Congress on Tuesday that it plans to pursue trade agreements with the European Union, Japan and Britain. The announcement comes two weeks after the administration reached a deal with Canada and Mexico to rewrite the North American Free Trade Agreement....

The Latest: Tusk says new thinking required in Brexit talks

Oct. 16, 2018 10:32 AM EDT

LUXEMBOURG (AP) — The Latest on Britain's upcoming departure from the European Union (all times local): 4:30 p.m. European Council President Donald Tusk says new thinking is required to end the Brexit standoff and is likening the Irish border problem to the mythical Gordian Knot that cannot be untied. Tusk...

Former UK envoy says May's Brexit plan a 'pipe dream'

Oct. 11, 2018 1:35 PM EDT

LONDON (AP) — Britain's former ambassador to the European Union has called Prime Minister Theresa May's blueprint for Brexit a "pipe dream" that has no chance of being accepted by the bloc. As May prepared to update key Cabinet ministers on progress toward a deal, Ivan Rogers said that, more than two years...

The Latest: Southeast Asian leaders affirm free trade goals

Oct. 11, 2018 8:45 AM EDT

NUSA DUA, Indonesia (AP) — The Latest on the IMF-World Bank annual meeting (all times local): 8:40 p.m. Leaders of the Association of Southeast Asian Nations have reaffirmed their commitment to open trading systems that have underpinned their economic growth. The leaders met Thursday in Bali, Indonesia, on...

AP FACT CHECK: Trump on Kavanaugh accuser, drug prices, vets

Oct. 6, 2018 9:15 AM EDT

WASHINGTON (AP) — President Donald Trump misrepresented the testimony of his Supreme Court nominee's chief accuser in a mocking turn on a rally stage over the past week as campaign politics and the pitched struggle over Brett Kavanaugh's fate provided fertile ground for distortion. A look at some of his...

Record imports push US trade gap to $53.2 billion in August

Oct. 5, 2018 8:44 AM EDT

WASHINGTON (AP) — Record imports drove the U.S. trade deficit up for the third straight month in August. The deficit in the trade of goods with China and Mexico hit records. The Commerce Department said Friday that the trade gap — the difference between what America sells and what it buys abroad...

Canada relieved trade deal done, won't forget Trump attacks

Oct. 4, 2018 4:34 AM EDT

TORONTO (AP) — U.S. President Donald Trump vowed to make Canada pay after Prime Minister Justin Trudeau said he wouldn't be bullied in trade talks. Trump called Trudeau "weak" and "dishonest." He threatened tariffs on cars and slapped them on steel. The unprecedented attacks on America's closest ally left...