Latest Free trade News
The Latest: Coronavirus cases surging in northeast China
BEIJING — China is seeing a new surge in coronavirus cases in its frozen northeast, and has reported its first death attributed to COVID-19 in months. Officials said Thursday that Heilongjiang province in the region traditionally known as Manchuria recorded 43 new virus cases, most of them centered on the...
Mexico to use trade deal to make sure workers get vaccine
MEXICO CITY (AP) — Mexico said Wednesday it will invoke the labor section of the free trade agreement signed with the United States last year to pressure for its workers in the U.S. to have access to the COVID-19 vaccine regardless of their immigration status. Foreign Affairs Secretary Marcelo Ebrard said...
Australian treasurer won't say if he was stopping China sale
CANBERRA, Australia (AP) — Australia’s treasurer on Wednesday declined to comment on whether he had intended to block a Chinese state-owned company’s takeover of an Australian-based construction company in a development likely to increase strain on bilateral relations. China State...
Companies say post-Brexit rules are clogging up UK-EU trade
LONDON (AP) — Some businesses said Friday that costs and paperwork are hampering trade between Britain and the European Union as the reality of the U.K.’s post-Brexit trading relationship with the bloc takes hold. Britain left the economic embrace of the 27-nation bloc, the final stage of Brexit, at...
Britain ends long Brexit journey with economic break from EU
LONDON (AP) — Britain’s long and sometimes acrimonious divorce from the European Union ended Thursday with an economic split that leaves the EU smaller and the U.K. freer but more isolated in a turbulent world. Britain left the European bloc’s vast single market for people, goods and services...
Federal checks salvage otherwise dreadful 2020 for US farms
DES MOINES, Iowa (AP) — Thanks to the government paying nearly 40% of their income, U.S. farmers are expected to end 2020 with higher profit than 2019 and the best net income in seven years, the Department of Agriculture said in its latest farm income forecast. Farmers faced challenges throughout 2020 that...
EU, China leaders seal long-awaited investment deal
BRUSSELS (AP) — Top European Union officials and Chinese President Xi Jinping concluded a business investment deal Wednesday that will open big opportunities to European companies, but has the potential to irk the new American administration. Amid concerns about the human rights situation in China, the EU...
Britain, Turkey reach post-Brexit free trade agreement
ANKARA, Turkey (AP) — Turkey and Britain signed a free-trade agreement Tuesday as the U.K. prepares to leave the European Union's economic orbit at the start of the new year. The deal, which will come into effect on Jan. 1, aims to support trade between the two countries which was worth more than $25...
UK warns of 'bumpy' post-Brexit transition despite deal
LONDON (AP) — First came the Brexit trade deal. Now comes the red tape and the institutional nitty gritty. Four days after sealing a free trade agreement with the European Union, the British government warned businesses Monday to get ready for disruptions and “bumpy moments” when the new...
No time to rest: EU nations assess Brexit trade deal with UK
BRUSSELS (AP) — The fast-track ratification of the post-Brexit trade deal between the U.K. and the European Union got underway on Christmas Day as ambassadors from the bloc's 27 nations started assessing the accord that takes effect in a week. At Friday’s exceptional meeting, the ambassadors were...
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