Latest Regional trade News

A political 'bomb' over drug prices could threaten NAFTA 2.0

Feb. 12, 2019 12:16 PM EST

WASHINGTON (AP) — The clash over free trade in North America has long been fought over familiar issues: Low-paid Mexican workers. U.S. factories that move jobs south of the border. Canada's high taxes on imported milk and cheese. But as Democrats in Congress consider whether to back a revamped regional...

A political 'bomb' over drug prices could threaten NAFTA 2.0

Feb. 12, 2019 12:12 PM EST

WASHINGTON (AP) — The clash over free trade in North America has long been fought over familiar issues: Low-paid Mexican workers. U.S. factories that move jobs south of the border. Canada's high taxes on imported milk and cheese. But as Democrats in Congress consider whether to back a revamped regional...

AP FACT CHECK: Trump's speech exaggerates border peril

Feb. 6, 2019 4:16 PM EST

WASHINGTON (AP) — President Donald Trump exaggerated perils at the border, flubbed food stamp numbers and the length of wars and told partial truths on drug prices in his State of the Union speech. Trump also celebrated a couple of workforce measures that have little to do with him and almost everything to...

AP FACT CHECK: Trump on US-Mexican trade

Feb. 5, 2019 10:28 PM EST

WASHINGTON (AP) — A look at one of President Donald Trump's statements from his State of the Union address on Tuesday night and how it compares with the facts: TRUMP: "Our new U.S.-Mexico-Canada Agreement — or USMCA — will replace NAFTA and deliver for American workers: bringing back our...

ASEAN ministers rock no boats in Myanmar, South China Sea

Jan. 18, 2019 5:57 AM EST

CHIANG MAI, Thailand (AP) — Foreign ministers of the 10-member Association of Southeast Asian Nations on Friday hewed to the group's practice of reaching the least provocative consensus possible in discussions of such divisive issues as Myanmar's Rohingya crisis and China's territorial claims in the South...

Toyota executive: Tariffs will raise costs, drive up prices

Jan. 13, 2019 1:01 PM EST

DETROIT (AP) — Chris Reynolds was promoted by Toyota late last year to one of the toughest jobs in the U.S. auto industry. He's in charge of North American manufacturing, as well as human resources, legal, finance and communications. It's manufacturing that will present the biggest challenge for Reynolds,...