Latest Trade barriers News

A man takes a selfie with portraits of U.S. President Donald Trump and Indian Prime Minister Narendra Modi painted on a wall ahead of Trump's visit, in Ahmadabad, India, Tuesday, Feb. 18, 2020. Trump is scheduled to visit the city during his Feb. 24-25 India trip. (AP Photo/Ajit Solanki)

Trump says Modi expects massive crowds during India visit

Feb. 18, 2020 4:56 PM EST

WASHINGTON (AP) — President Donald Trump says that India Prime Minister Narendra Modi is expecting to turn out massive crowds for the president when he visits next week. Trump will be in the city of Ahmedabad in Gujarat to attend an event called “Namaste Trump,” which translates to...

Venezuelan President Nicolas Maduro gives a press conference at Miraflores presidential palace in Caracas, Venezuela, Friday, Feb. 14, 2020. Maduro said Friday that authorities haven’t detained opposition leader Juan Guaido because the courts haven’t ordered it, but he warned: “It will come.” (AP Photo/Ariana Cubillos)

US sanctions Russian oil trading firm for role in Venezuela

Feb. 18, 2020 3:22 PM EST

WASHINGTON (AP) — The Trump administration announced sanctions Tuesday on a Russian state-controlled brokerage that has helped the Venezuelan government skirt an American oil embargo and enabled President Nicolas Maduro to keep his grip on power in the South American country. Administration officials said...

A man rides past a wall painted with portraits of U.S. President Donald Trump and Indian Prime Minister Narendra Modi ahead of Trump's visit, in Ahmadabad, India, Tuesday, Feb. 18, 2020. Trump is scheduled to visit the city during his Feb. 24-25 India trip. (AP Photo/Ajit Solanki)

India hastily builds wall along slum ahead of Trump visit

Feb. 18, 2020 10:31 AM EST

AHMEDABAD, India (AP) — A half-kilometer (1,640-foot) brick wall has been hastily erected in India's Gujarat state ahead of a visit by U.S. President Donald Trump, with critics saying it was built to block the view of a slum area inhabited by more than 2,000 people. “Since they are spending so much...

FILE - In this Feb. 17, 2020, file photo, commuters ride in a quiet subway train during the morning rush hour in Beijing. As many Chinese finally go back to work after their longest Lunar New Year holiday ever, the economic fallout from the outbreak of a new coronavirus that began in Wuhan may be just beginning. Companies are warning their bottom lines will take a hit, and governments are ramping up stimulus measures for economies that just weeks ago were hoping to see recoveries after months of uncertainty due to trade tensions and slowing global growth. (AP Photo/Andy Wong, File)

China virus outbreak chilling recovery for Asian economies

Feb. 18, 2020 6:47 AM EST

BANGKOK (AP) — The virus outbreak in China has put South Korea's economy into an "emergency situation," its president says. Japan is on the brink of recession and big manufacturers are forecasting a whole world of woe. As many Chinese finally go back to work after their longest Lunar New Year holiday...

UN experts: North Korea enhances nukes and illicit trade

Feb. 14, 2020 8:24 PM EST

UNITED NATIONS (AP) — U.N. experts say North Korea has increased imports and exports of banned and restricted goods such as coal and petroleum products as it continues to enhance its illicit nuclear and ballistic missile programs in violation of sanctions. The experts identified new methods that the...

File---Picture taken October 4, 2017 shows containers on a cargo ship in Hamburg, Germany. (Axel Heimken/dpa via AP)

German economy stagnates in sign of Europe's difficulties

Feb. 14, 2020 6:41 AM EST

FRANKFURT, Germany (AP) — Growth ground to a halt at the end of the year in Germany, Europe’s largest economy, as manufacturing remained in a slump and exports fell, official figures showed Friday. The flat reading underlines the challenge facing the broader eurozone economy as it struggles against...

FILE - In this Jan. 12, 2017 file photo, a worker operates valves in Nihran Bin Omar field north of Basra, Iraq. The U.S. has signaled to Iraq it's willingness to extend sanctions waivers enabling the country to continue importing vital Iranian gas and electricity imports, three Iraqi officials said this week. The decision comes amid strained U.S.-Iraqi ties following last month's Washington-directed airstrike that killed a high-profile Iranian general on Iraqi soil. (AP Photo/Nabil al-Jurani, File)

US gives Iraq sanctions waiver for vital Iranian gas imports

Feb. 12, 2020 8:55 PM EST

BAGHDAD (AP) — The United States has granted Iraq a 45-day sanctions waiver enabling the country to continue importing vital Iranian gas and electricity supplies. In a statement Wednesday, the U.S. State Department said the waiver “ensures that Iraq is able to meet its short-term energy needs while...

In this Tuesday, Feb. 11, 2020, photo, garment factory workers walk out at the end of their work shift close to Phnom Penh, Cambodia. The European Union on Wednesday, Feb. 12, 2020, announced its intention to punish Cambodia with sanctions for what it sees as human rights and trade union violations, saying it wants to withdraw key tariff preferences that amount to about one-fifth of the billion euros ($1.1 billion) the Asian nation exports to the bloc each year. (AP Photo/Heng Sinith)

EU plans trade sanctions against Cambodia over rights record

Feb. 12, 2020 11:23 AM EST

BRUSSELS (AP) — The European Union has declared its intention to slap sanctions on Cambodia over what it considers to be the country's human rights and trade union violations. The EU's executive Commission said Wednesday that it has decided to withdraw key tariff preferences that amount to about one-fifth...

FILE - In this June 20, 2018 file photo, Catoctin Creek Distillery whiskey is on display in a tasting room in Purcellville, Va. A new spirits industry report says President Donald Trump's trade war dampened the overseas market for American-made whiskey last year. The Distilled Spirits Council says overall exports of bourbon, Tennessee whiskey and rye whiskey tumbled amid a trade war-induced decline in exports to key European markets. (AP Photo/Steve Helber, File)

US whiskey exports decline as trade dispute with EU persists

Feb. 12, 2020 10:04 AM EST

FRANKFORT, Ky. (AP) — President Donald Trump’s trade war dampened the overseas market for American-made whiskey last year, diminishing exports even as the domestic market continues to thrive. Overall exports of bourbon, Tennessee whiskey and rye whiskey tumbled amid a trade war-induced decline in...

5 accused of trying to trade in sanctioned Iranian oil

Feb. 11, 2020 9:57 PM EST

DALLAS (AP) — Five men have been arrested and charged with trying to trade in Iranian oil in violation of U.S. trade sanctions. In a statement issued Tuesday, the U.S. Attorney's Office in Philadelphia, Zhenyu Wang, Robert Thwaites and Nicholas James Fuchs, all of Dallas; Daniel Ray Lane of McKinney,...