Latest Free trade News

Tensions over trade deals exposed at Mercosur summit

Dec. 06, 2022 19:41 PM EST

MONTEVIDEO, Uruguay (AP) — A summit of the four Mercosur nations exposed tensions Tuesday as Uruguay's eagerness to seek out foreign markets collided with opposition from Brazil, Argentina and Paraguay. Uruguayan President Luis Lacalle Pou said his country must “open up to the...

Longtime Arizona GOP Rep. Jim Kolbe dies at 80

Dec. 03, 2022 19:02 PM EST

PHOENIX (AP) — Jim Kolbe, a Republican congressman who represented a heavily Democratic region of Arizona for more than two decades and was a proponent of gay rights, has died. He was 80. Arizona Gov. Doug Ducey said in a statement that Kolbe died Saturday. Ducey ordered flags...

Germany welcomes Biden comments in trade dispute

Dec. 02, 2022 07:50 AM EST

BERLIN (AP) — Germany on Friday welcomed President Joe Biden's apparent willingness to discuss tweaking U.S. legislation that European leaders say unfairly discriminates against their industries. Biden acknowledged during a visit to Washington by French President Emmanuel Macron on...

Finnish PM warns Russian win would empower aggressors

Dec. 02, 2022 01:01 AM EST

CANBERRA, Australia (AP) — Finland’s Prime Minister Sanna Marin warned an Australian audience Friday that a Russian victory over Ukraine would empower other aggressors and urged democracies against forming “critical dependencies” on authoritarian states such as China. Marin...

EXPLAINER: US-European differences on climate law persist

Dec. 01, 2022 19:31 PM EST

WASHINGTON (AP) — President Joe Biden on Thursday tried to allay concerns raised by French President Emmanuel Macron about a clean energy law that benefits electric vehicles and other products made in North America. But the U.S. and Europe remain divided over the landmark law. ...

German parliament votes to approve EU-Canada trade pact

Dec. 01, 2022 08:18 AM EST

BERLIN (AP) — German lawmakers on Thursday approved a free-trade deal between the European Union and Canada, moving the accord a step closer to taking full effect. The pact, formally known as the Comprehensive Economic and Trade Agreement, or CETA, was signed in late 2016. Most of...

Australia ratifies free trade deals with India and Britain

Nov. 21, 2022 23:40 PM EST

CANBERRA, Australia (AP) — Australia’s Parliament passed bilateral free trade agreements with India and Britain on Tuesday, leaving those partner nations to bring the deals into force. The deals are crucial for Australia to diversify its exports from the troubled Chinese market...