Latest Trade policy News

Chinese envoy expresses concern over US tariffs with Yellen

Jul. 05, 2022 01:26 AM EDT

BEIJING (AP) — China’s envoy to trade war talks with Washington expressed concern about U.S. tariffs on Chinese imports during a phone call Tuesday with Treasury Secretary Janet Yellen, the Ministry of Commerce announced, but it gave no indication of progress toward resolving an array of...

Australia prioritizes reducing emissions and cheaper EVs

Jul. 02, 2022 04:06 AM EDT

CANBERRA, Australia (AP) — Australia’s new government is putting climate change at the top of its legislative agenda when Parliament sits next month for the first time since the May 21 election, with bills to enshrine a cut in greenhouse gas emissions and make electric cars cheaper, a minister...

New Zealand leader makes 1st trip to UK since trade deal

Jul. 01, 2022 11:49 AM EDT

LONDON (AP) — New Zealand Prime Minister Jacinda Ardern on Friday made her first visit to the U.K. since both countries signed a free trade agreement, meeting with British Prime Minister Boris Johnson to boost bilateral ties and discuss Russia's war in Ukraine. The trip came after...

UK's Johnson to host New Zealand's Ardern in London

Jun. 30, 2022 17:49 PM EDT

LONDON (AP) — British Prime Minister Boris Johnson will host New Zealand Prime Minister Jacinda Ardern in London on Friday for talks on security and boosting bilateral ties. The meeting comes after both leaders attended the NATO summit in Madrid this week. Johnson's...

EU, New Zealand strike free trade deal after 4 years' talks

Jun. 30, 2022 10:36 AM EDT

BRUSSELS (AP) — The European Union and New Zealand said Thursday they have concluded a free trade deal after four years of negotiations and sealed a partnership to reinforce their cooperation against organized crime and terror groups. According to the EU, trade with New Zealand is...

Strong ruble could hurt Russian businesses, official warns

Jun. 29, 2022 08:01 AM EDT

MOSCOW (AP) — As the ruble strengthens to levels not seen in seven years, Russia's minister of economic development warned Wednesday that the country's businesses could suffer if the trend persists. The ruble hit all-time lows in the first weeks after Russia sent troops into...

Live updates | Spain's king hosts NATO leaders' gala dinner

Jun. 28, 2022 16:49 PM EDT

MADRID (AP) — The Latest on the G-7 summit, the annual meeting of the leading democratic economies, which this year is being held in the Bavarian Alps in Germany; and on the NATO summit in Madrid, where leaders begin gathering later Tuesday: ___ Russia’s war on...

India's prime minister visits the UAE, showcasing deep ties

Jun. 28, 2022 12:23 PM EDT

DUBAI, United Arab Emirates (AP) — India’s Prime Minister Narendra Modi met with Emirati President Sheikh Mohammed bin Zayed Al Nahyan on a visit to the United Arab Emirates on Tuesday, showcasing deep ties between the major trade partners. From the oil-rich capital of Abu...

G-7 leaders united behind Ukraine, aim at Kremlin oil money

Jun. 28, 2022 10:05 AM EDT

ELMAU, Germany (AP) — Leaders of the world’s biggest developed economies said Tuesday they would explore far-reaching steps to cap Russia's income from oil sales that are financing its invasion of Ukraine and struck a united stance to support Kyiv for “as long as it takes" as the war grinds...

EXPLAINER: How a G-7 ban on Russian gold would work

Jun. 28, 2022 07:10 AM EDT

WASHINGTON (AP) — Russia appears to have defaulted on its foreign debt for the first time since the 1917 Bolshevik Revolution, and the U.S. and its allies are taking aim at the former Soviet Union's second largest export industry after energy — gold. On Tuesday, the Group of...