Latest Trade agreements News

Australia's government urges China to remove trade barriers

May. 24, 2022 21:24 PM EDT

CANBERRA, Australia (AP) — Australia’s new government has urged China to lift trade sanctions if it wants to reset a bilateral relationship that plumbed new depths under the previous administration. The Chinese premier’s congratulatory letter to Prime Minister Anthony Albanese...

In Asia, Biden pushes values he struggles to sell at home

May. 24, 2022 14:54 PM EDT

TOKYO (AP) — Joe Biden spent his first trip to Asia as president strengthening economic and military commitments. He pushed new rules for the global economy and promoted democracy in launching a new trade pact. And he summoned fellow Indo-Pacific leaders to do more in defense of Ukraine even if...

Biden launches Indo-Pacific trade deal, warns over inflation

May. 23, 2022 07:50 AM EDT

TOKYO (AP) — President Joe Biden launched a new trade deal with 12 Indo-Pacific nations Monday aimed at strengthening their economies as he warned Americans worried about high inflation that it is "going to be a haul” before they feel relief. The president said he does not believe an economic...

EXPLAINER: What's in Biden's proposed new Asia trade pact?

May. 23, 2022 04:00 AM EDT

TOKYO (AP) — President Joe Biden faced a dilemma on trade in Asia: He couldn't just rejoin the Trans-Pacific Partnership that his predecessor had pulled the U.S. out of in 2017. Many related trade deals, regardless of their content, had become politically toxic for U.S. voters, who associated...

US announces 12 countries join Indo-Pacific Economic Framework, a pact designed to bolster trade with Asian economies

May. 23, 2022 03:42 AM EDT
TOKYO (AP) — US announces 12 countries join Indo-Pacific Economic Framework, a pact designed to bolster trade with Asian economies.

Taiwan not included in launch of new Biden Indo-Pacific pact

May. 22, 2022 12:05 PM EDT

TOKYO (AP) — President Joe Biden on Monday is expected to come out with a list of nations that will join a long-anticipated Indo-Pacific trade pact, but Taiwan won't be among them. White House national security adviser Jake Sullivan confirmed that Taiwan isn't among the governments...

The AP Interview: US trade rep. sees opportunity in recovery

May. 20, 2022 20:13 PM EDT

BANGKOK (AP) — With world economies all suffering from more than two years of the coronavirus pandemic and global supply problems exacerbated by Russia’s invasion of Ukraine, the United States has an “incredible opportunity” to engage with other nations on a common playing field and forge...

N Ireland party leader pans Pelosi's warning on Brexit terms

May. 20, 2022 09:37 AM EDT

LONDON (AP) — U.S. House Speaker Nancy Pelosi is facing criticism from the leader of Northern Ireland’s biggest unionist party after saying Congress won’t approve a trade deal with the U.K. if Britain scraps the agreement governing post-Brexit trade on the Irish island. The...

Biden in Asia: New friends, old tensions, storms at home

May. 20, 2022 08:36 AM EDT

SEOUL, South Korea (AP) — President Joe Biden hopes to use his visit to Asia to confirm his belief that long-standing friendships can afford to become even friendlier — and pay dividends. He opened the trip in South Korea on Friday and will end in Japan next week at a time when world events are...

Biden has an eye on China as he heads to South Korea, Japan

May. 19, 2022 14:29 PM EDT

WASHINGTON (AP) — President Joe Biden embarked Thursday on a six-day trip to South Korea and Japan aiming to build rapport with the two nations’ leaders while also sending an unmistakable message to China: Russia’s faltering invasion of Ukraine should give Beijing pause about its own...