Latest Global trade News

US, China spar again over respective trade policies

Dec. 17, 2018 10:05 AM EST

GENEVA (AP) — China and the United States clashed again over their respective trade policies Monday at a time the two countries are trying to iron out their differences so further U.S. tariffs are not imposed on Chinese goods. Dennis Shea, the U.S. ambassador to the WTO, said criticism from China about the...

Japan's 'tankan' economic survey shows sentiment flat

Dec. 13, 2018 11:22 PM EST

TOKYO (AP) — A key quarterly economic survey released Friday by the Bank of Japan shows sentiment among large manufacturers remained unchanged, as worries about global trade tensions persisted. The "tankan" survey showed sentiment remained flat at 19 for a second time after three quarters of decline. The...

Eurozone stimulus program to end as growth worries resurface

Dec. 13, 2018 10:47 AM EST

FRANKFURT, Germany (AP) — The European Central Bank is ending the massive stimulus program that helped nurse the eurozone economy back to health over the past four years — despite the emergence of new risks including a global trade war and Brexit. Thursday's decision to stop the bank's monthly bond...

Hopes for US-China trade talks help push Asian shares higher

Dec. 11, 2018 9:22 PM EST

TOKYO (AP) — Asian shares rose Wednesday amid hopes for U.S.-China trade talks. ASIA'S DAY: Japan's benchmark Nikkei 225 added 1.7 percent in early trading to 21,501.95. Australia's S&P/ASX 200 edged up 0.8 percent to 5,618.70. South Korea's Kospi was up nearly 1.0 percent at 2,073.20. Hong Kong's Hang...

World stocks slip on China-US tensions, Brexit uncertainty

Dec. 10, 2018 7:29 AM EST

SINGAPORE (AP) — World stocks fell on Monday as tensions between the U.S. and China over the arrest of a senior executive of telecoms supplier Huawei raised concerns about talks on trade. Reports that a key Brexit vote could be scrapped added to the uncertainty, pushing down the pound. KEEPING SCORE: In...

A look at what happened at the G-20 summit in Argentina

Dec. 2, 2018 2:55 PM EST

BUENOS AIRES, Argentina (AP) — Leaders of the world's largest economic powers have agreed to overhaul the global body that regulates trade disputes, but they faced resistance from President Donald Trump over the Paris accord on climate change. Here are some of the main developments at the Group of 20...

The Latest: Trump considering 2-week US funding extension

Dec. 1, 2018 10:46 PM EST

BUENOS AIRES, Argentina (AP) — The Latest on President Donald Trump at the Group of 20 summit (all times local): 12:35 a.m. President Donald Trump says his next meeting with North Korea's Kim Jong Un is likely to happen in January or February. The president tells reporters that there are three sites under...

G-20 agrees on trade, migration, US goes own way on climate

Dec. 1, 2018 6:07 PM EST

BUENOS AIRES, Argentina (AP) — Leaders of the world's top economies agreed Saturday to repair the global trading system as they closed a Group of 20 summit that saw the Trump administration at odds with many allies over the Paris accord on climate change and issues like migration. The joint statement...

The Latest: Macron says he pressed on Saudi writer's death

Dec. 1, 2018 4:02 PM EST

BUENOS AIRES, Argentina (AP) — The Latest on the Group of 20 summit (all times local): 6 p.m. British Prime Minister Theresa May is welcoming the agreement between Argentina and Britain for a new flight that will connect the disputed Falkland Islands with South America. The service to the Brazilian city of...

AP FACT CHECK: A close look at Trump's claims on trade deal

Dec. 1, 2018 11:03 AM EST

WASHINGTON (AP) — President Donald Trump is hailing a revised North American trade deal as if nothing existed before it. The pact with Mexico and Canada stands as a "model agreement that changes the trade landscape forever," he said at a signing ceremony with the other leaders Friday in Buenos Aires,...