Latest International trade News

Japan's Abe talks trade with EU chiefs ahead of US visit

Apr. 25, 2019 12:13 PM EDT

BRUSSELS (AP) — Japanese Prime Minister Shinzo Abe and top European Union officials are discussing trade, bilateral ties and North Korea, on the latest leg of Abe's international tour to prepare for the G-20 summit in June. The Japanese premier, EU Council President Donald Tusk and EU Commission President...

Alibaba marketplace stays on US government piracy blacklist

Apr. 25, 2019 11:23 AM EDT

WASHINGTON (AP) — Chinese e-commerce giant Alibaba Group remains on the U.S. government's annual list of "notorious markets" that peddle counterfeit products. The Office of the U.S. Trade Representative said Thursday that Alibaba's on-line marketplace Taobao.com continues sell "high volumes" of pirated...

High-level Russian delegation in Iraq to discuss trade ties

Apr. 25, 2019 8:04 AM EDT

BAGHDAD (AP) — A high-level Russian delegation is visiting Iraq to discuss trade and economic cooperation between the two countries. The delegation, headed by Deputy Prime Minister Yury Borisov, met with Iraqi Foreign Minister Mohammed Alhakim on Thursday. Borisov said the two sides discussed trade in...

Japan's PM asks for support in abduction dispute with NKorea

Apr. 25, 2019 7:27 AM EDT

BRATISLAVA, Slovakia (AP) — Japanese Prime Minister Shinzo Abe says he has asked the leaders of four Central European countries for help in a long dispute with North Korea over the abductions of Japanese citizens decades ago. Abe says he has asked for "understanding and support" on an issue that is "very...

Asian shares mixed after US stocks retreat from record high

Apr. 24, 2019 10:14 PM EDT

TOKYO (AP) — Asian shares were mixed Thursday after U.S. stocks closed lower, giving back some of its gains a day after the S&P 500 and Nasdaq hit record highs. Japan's benchmark Nikkei 225 edged up 0.2% in early trading to 22,247.14. South Korea's Kospi fell nearly 0.3% to 2,195.56. Hong Kong's Hang...

2 firms first to export LatAm medicinal marijuana to Europe

Apr. 24, 2019 9:41 PM EDT

MONTEVIDEO, Uruguay (AP) — Two companies from Uruguay and Colombia will become the first in Latin America to export medical marijuana products to Europe under deals announced Wednesday. Fotmer Life Sciences of Uruguay and Clever Leaves of Colombia will export cannabis extract and dried marijuana flowers to...

US eases effects of sanctions on Iran's elite guard force

Apr. 24, 2019 2:52 PM EDT

WASHINGTON (AP) — The Trump administration on Wednesday granted important exemptions to new sanctions on Iran's Revolutionary Guard, watering down the effects of the measures while also eliminating an aspect that would have complicated U.S. foreign policy efforts. Foreign governments and businesses that...

Iranian leaders defiant in face of Trump's move on sanctions

Apr. 24, 2019 7:35 AM EDT

TEHRAN, Iran (AP) — Iranian leaders are defiant in the wake of President Donald Trump's decision to impose sanctions on countries that import Iranian oil, vowing to respond to America's move. The U.S. announced the sanctions in November but some countries got temporary waivers that allowed them to import...

Kim looks to Russia as sanctions bite North Korea's economy

Apr. 23, 2019 10:43 PM EDT

SEOUL, South Korea (AP) — Two months after he failed to win a badly needed easing of sanctions from President Donald Trump, North Korean leader Kim Jong Un is traveling to Russia in a possible attempt to win its help as the U.S.-led trade sanctions hurt his country's already-struggling economy. There are...

White House announces more trade talks with China

Apr. 23, 2019 9:29 PM EDT

WASHINGTON (AP) — The White House says a U.S. delegation will travel to Beijing next week to continue trade negotiations, and a Chinese delegation will return to Washington for additional talks starting May 8. President Donald Trump has slapped tariffs on $250 billion in Chinese imports in a dispute over...