Latest Free trade News

Biden selects Los Angeles to host next Summit of Americas

Jan. 18, 2022 20:44 PM EST

MIAMI (AP) — The Biden administration has chosen Los Angeles to host a summit of leaders from Latin America and the Caribbean that is a key part of its outreach to a region increasingly being courted by U.S. adversaries such as Russia and China. The Summit of the Americas, to take...

India, Britain launch talks on free trade deal

Jan. 13, 2022 07:49 AM EST

NEW DELHI (AP) — India and Britain on Thursday launched talks on a free trade deal that is expected to boost bilateral trade by billions of dollars in one of the most ambitious negotiations after Brexit. Britain’s International Trade Secretary Anne-Marie Trevelyan met with...

US to close Gulf ports to Mexican fishing boats for poaching

Jan. 12, 2022 21:17 PM EST

MEXICO CITY (AP) — The U.S. government will prevent Mexican fishing vessels from entering U.S. ports on the Gulf of Mexico, arguing the Mexican government has not done enough to prevent its boats from illegally fishing in U.S. waters. Starting Feb. 7, Mexican fishing boats in the...

Mexico asks USMCA dispute resolution panel on auto content

Jan. 06, 2022 16:46 PM EST

MEXICO CITY (AP) — The Mexican government on Thursday requested a dispute resolution panel under the U.S.-Mexico-Canada free trade agreement because it claims the United States is improperly interpreting stricter regional content rules under the pact. The agreement, known as the...

Asia looks to China-focused trade bloc for virus recovery

Dec. 31, 2021 02:48 AM EST

BANGKOK (AP) — Members of a China-centered Asian trade bloc that takes effect Jan. 1 are hoping the initiative, encompassing about a third of world trade and business activity, will help power their recoveries from the pandemic. The 15-member Regional and Comprehensive Economic...

EU, ex-Soviet state leaders meet as Russia tensions simmer

Dec. 15, 2021 16:26 PM EST

BRUSSELS (AP) — As tensions with Russia simmer, European Union leaders met Wednesday with their counterparts from Ukraine and four other former Soviet republics and pledged to deepen political, trade, energy and cultural ties. The EU’s Eastern Partnership includes Armenia,...

Mexico threatens legal action on US electric vehicle subsidy

Dec. 02, 2021 15:21 PM EST

MEXICO CITY (AP) — The Mexican government threatened legal action Thursday over provisions of U.S. President Joe Biden’s Build Back Better Act that would give subsidies of up to $12,500 for purchases of union-made, American-made electric vehicles. Tatiana Clouthier,...

Biden praises Canada, Mexico as leaders discuss strains

Nov. 18, 2021 22:42 PM EST

WASHINGTON (AP) — Reviving three-way North American summitry after a five-year break, President Joe Biden on Thursday joined with the leaders of Canada and Mexico to declare their nations can work together and prove “democracies can deliver” even as they sort out differences on key...

France says Australia hits 'new low' leaking Macron texts

Nov. 03, 2021 06:07 AM EDT

CANBERRA, Australia (AP) — Australia leaking French President Emmanuel Macron’s text messages to the media was a “new low” and a warning to other world leaders that their private communications with the Australian government could be weaponized and used against them, the French...