Latest International trade News

The Latest: Trump promotes tax cuts, reduced regulations

Jun. 23, 2018 9:25 PM EDT

LAS VEGAS (AP) — The Latest on President Donald Trump's visit to Nevada (all times local): 2:30 p.m. President Donald Trump is promoting his administration's business policies, particularly tax cuts, during a roundtable on tax reform in Las Vegas. The "USA Open for Business" event follows Trump's speech...

From boat makers to farmers, US-led tariff war inflicts pain

Jun. 23, 2018 11:02 AM EDT

WASHINGTON (AP) — A Florida boat builder absorbs $4 million in lost business and expects more pain. An Ohio pork producer is losing access to a vital export market and fears the damage will last years. A motorcycle shop near Cologne, Germany, wonders if it even has a future. A brawl that the United States...

Pro-EU protesters march in London, demand new vote on Brexit

Jun. 23, 2018 10:47 AM EDT

LONDON (AP) — Tens of thousands of anti-Brexit protesters marched Saturday in London to demand a new referendum on leaving the European Union, as a divided Britain marked the second anniversary of its vote to quit the bloc. Leading Brexit supporters, meanwhile, warned the British government not to delay or...

AP FACT CHECK: Trump's skewed claims on immigration, economy

Jun. 23, 2018 9:19 AM EDT

WASHINGTON (AP) — President Donald Trump is distorting the truth when it comes to the impact of his administration's policy regarding separating children from their parents at the U.S. border. He falsely suggests that a newly signed executive order will permanently solve the problem of separations by...

2 years on, Brexit vote has taken a toll on UK economy

Jun. 23, 2018 4:21 AM EDT

LONDON (AP) — While it's still unclear what Brexit will look like when it happens next year, the decision to leave has already had a clear effect on the economy: households are poorer, companies are more cautious about investing, and the property market has cooled. In the two years since the vote to leave...

US stocks finish mostly higher as energy companies climb

Jun. 22, 2018 4:58 PM EDT

NEW YORK (AP) — Oil prices and energy companies rallied Friday after OPEC said it will produce more oil, but not as much as investors feared. While trade tensions remained in the headlines, U.S. stocks finished slightly higher at the end of a bumpy week. U.S. crude futures jumped 4.6 percent after OPEC...

The Latest: Auto trade group decries Trump's tariff threat

Jun. 22, 2018 3:24 PM EDT

WASHINGTON (AP) — The Latest on America's disputes with its trading partners (all times local): 3:05 p.m. A trade association representing a dozen automakers doing business in the United States says President Donald Trump's threat to slap 20 percent tariffs on vehicles imported from Europe is "not the...

OPEC agrees to pump more oil but crude prices jump anyway

Jun. 22, 2018 2:59 PM EDT

VIENNA (AP) — The countries of the OPEC cartel agreed on Friday to pump 1 million barrels more crude oil per day, a move that should help contain the recent rise in global energy prices. Questions remain, however, over the ability of some OPEC nations — Iran and Venezuela in particular — to...

EU imposes tariffs on US peanuts, motorcycles and whiskey

Jun. 22, 2018 11:42 AM EDT

BRUSSELS (AP) — The European Union started enforcing tariffs Friday on American imports like bourbon, peanut butter and orange juice, part of a growing global trade rift that's likely to intensify over the next few weeks. The EU tariffs on $3.4 billion worth of U.S. products are in retaliation for duties...

Kentucky governor downplays effect of EU tariffs on bourbon

Jun. 22, 2018 8:55 AM EDT

LOUISVILLE, Ky. (AP) — In comments at odds with his home state's whiskey distillers, Kentucky's Republican governor is downplaying fears that the European Union's retaliatory tariffs could disrupt the booming market for the Bluegrass state's iconic bourbon industry. "There's always the potential for some...