Latest International trade News

As global economic picture dims, solutions seem out of reach

Aug. 22, 2019 6:18 PM EDT

WASHINGTON (AP) — As global leaders gather on two continents to take account of a darkening economic outlook, this is the picture they face: Factories are slumping, many businesses are paralyzed, global growth is sputtering and the world's two mightiest economies are in the grip of a dangerous trade war....

US stock indexes end mixed ahead of Fed chairman speech

Aug. 22, 2019 5:14 PM EDT

A wobbly day on Wall Street left stock indexes mostly lower Thursday as investors turned cautious ahead of a widely anticipated speech by the Federal Reserve chairman. Losses by health care, technology and energy companies, among other sectors, outweighed gains by banks, consumer goods makers and elsewhere in the...

Pence visits Utah to promote trade deal with Mexico, Canada

Aug. 22, 2019 4:08 PM EDT

SALT LAKE CITY (AP) — Vice President Mike Pence once again called on Congress to ratify the Trump administration's new trade deal with Mexico and Canada during a visit to a congressional swing district in Utah. Speaking to several hundred employees and local leaders at Merit Medical, a disposable medical...

S. Korea cancels Japan intelligence deal amid trade dispute

Aug. 22, 2019 3:27 PM EDT

SEOUL, South Korea (AP) — South Korea said Thursday it will terminate an intelligence-sharing deal with Japan that focused on classified information about North Korea, a surprise announcement that is likely to set back U.S. efforts to bolster security cooperation with two of its most important allies in...

The Latest: Pence calls for a Mexico, Canada trade deal vote

Aug. 22, 2019 3:13 PM EDT

SALT LAKE CITY (AP) — The Latest on U.S. Vice President Mike Pence in Utah (all times local): 12 noon Vice President Mike Pence is keeping up his public campaign to pressure Congress to approve the Trump administration's new trade deal with Mexico and Canada this year. Pence spoke glowingly about the...

Pompeo: US focused on helping detained Canadians in China

Aug. 22, 2019 3:09 PM EDT

TORONTO (AP) — U.S. Secretary of State Mike Pompeo said Thursday that President Donald Trump brought up China's detainment of Canadians directly with China's president and said the Trump administration is working "diligently" to return them to Canada. Pompeo made the remarks during a trip to Ottawa for...

Giraffes move closer to endangered species protection

Aug. 22, 2019 2:48 PM EDT

GENEVA (AP) — Nations around the world moved Thursday to protect giraffes as an endangered species for the first time, drawing praise from conservationists and scowls from some sub-Saharan African nations. Thursday's vote by a key committee at the World Wildlife Conference known as CITES paves the way for...

Corporate profits slump again in 2Q

Aug. 22, 2019 10:29 AM EDT

Corporate profits fell for a second straight quarter in the spring as the effect of last year's tax cut wore off and companies contended with uncertainty from the Trump administration's trade wars. As the second quarter earnings season winds down, companies in the S&P 500 index are on track to notch the first...

The Latest: Merkel says her 30-days remark not a deadline

Aug. 22, 2019 9:34 AM EDT

PARIS (AP) — The Latest on British Prime Minister Boris Johnson's effort to reopen Brexit talks on European trip (all times local): 3:30 p.m. German Chancellor Angela Merkel says a suggestion she made that a solution to the Brexit dispute be solved in 30 days shouldn't be interpreted as a strict deadline....

Global stocks subdued as investors seek more clues on Fed

Aug. 22, 2019 7:54 AM EDT

BEIJING (AP) — Global stock markets were subdued Thursday following Wall Street's rebound as investors looked ahead to a speech by the U.S. Federal Reserve chairman for clues about possible interest rate cuts. Investor reaction was muted following Wednesday's release of notes from the latest Fed meeting...