Latest International trade News

FILE- In this Oct. 24, 2017, file photo, the logo for 3M appears on a screen above the trading floor of the New York Stock Exchange. A profound slump in manufacturing and a trade war that has slowed economic growth in China has led to a second round of layoffs at 3M, the Minnesota company that, in addition to Post-it notes, makes industrial coatings and ceramics. (AP Photo/Richard Drew, File)

In grinding manufacturing slump, 3M cuts another 1,500 jobs

Jan. 28, 2020 4:39 PM EST

A profound slump in manufacturing and a trade war that has slowed economic growth in China has led to a second round of layoffs at 3M, the Minnesota company that makes Post-it notes as well as industrial coatings and ceramics. The 1,500 job cuts come on top of the 2,000 jobs the company trimmed less than a year...

Mobile network phone masts are visible in front of St Paul's Cathedral in the City of London, Tuesday, Jan. 28, 2020.The Chinese tech firm Huawei has been designated a

In snub to US, Britain will allow Huawei in 5G networks

Jan. 28, 2020 1:45 PM EST

LONDON (AP) — Britain decided Tuesday to let Chinese tech giant Huawei have a limited role supplying new high-speed network equipment to wireless carriers, ignoring the U.S. government's warnings that it would sever intelligence sharing if the company was not banned. Britain's decision is the first by a...

Taoiseach Leo Varadkar, left listens to Michel Barnier, the EU's Brexit negotiator, during a press conference, outside the Government Buildings in Dublin, Monday, Jan. 27, 2020.  Ireland’s prime minister has warned Britain that Brexit is far from finished -- and the European Union will have the upper hand in upcoming negotiations on future relations between the two sides. (Damien Eagers/PA via AP)

Irish leader says EU to have stronger hand in UK trade talks

Jan. 27, 2020 1:22 PM EST

LONDON (AP) — Ireland’s prime minister warned Britain on Monday that Brexit is far from finished -- and the European Union will have the stronger hand in upcoming negotiations on future relations between the two sides. Leo Varadkar said “we're only at halftime on Brexit,” as the...

German exports to Britain down amid Brexit uncertainty

Jan. 27, 2020 8:48 AM EST

BERLIN (AP) — German exports to Britain dropped by about 4% during the first 11 months of last year amid concerns about the U.K.'s future relationship with the European Union, a German trade body said Monday. The Association of German Chambers of Industry and Commerce said exports to Britain fell by 3...

In this Jan. 9, 2020, photo provided by the Anti-Poaching Special Squad, the exterior of a store suspected of selling trafficked wildlife is seen in Guangde city in central China's Anhui Province. The outbreak of a new virus linked to a wildlife market in central China is prompting renewed calls for enforcement of laws against the trade in and consumption of exotic species. (Anti-Poaching Special Squad via AP)

China temporarily bans wildlife trade in wake of outbreak

Jan. 26, 2020 7:51 PM EST

BEIJING (AP) — Chinese authorities temporarily banned the trade of wild animals Sunday following a viral outbreak in Wuhan, saying they will “severely investigate and punish” violators. Local authorities will “strengthen inspections and severely investigate and punish those who are...

This undated image released by the House Judiciary Committee from documents provided by Lev Parnas to the committee in the impeachment probe against President Donald Trump, shows a photo of Lev Parnas with Rudy Giuliani. Parnas, a close associate of Trump's personal lawyer Giuliani is claiming Trump was directly involved in the effort to pressure Ukraine to investigate Democratic rival Joe Biden. Trump on Thursday, Jan. 16, 2020, repeated denials that he is acquainted with Parnas, despite numerous photos that have emerged of the two men together.(House Judiciary Committee via AP)

In recording Trump asks how long Ukraine can resist Russians

Jan. 25, 2020 4:44 PM EST

WASHINGTON (AP) — President Donald Trump inquired how long Ukraine would be able to resist Russian aggression without U.S. assistance during a 2018 meeting with donors that included the indicted associates of his personal attorney Rudy Giuliani. “How long would they last in a fight with...

FILE - In this Jan. 22, 2020, file photo, President Donald Trump leaves after a news conference at the World Economic Forum in Davos, Switzerland. It's been a week packed with rhetoric from President Donald Trump. This, as his Senate impeachment trial unfolded and the economic forum in Davos, Switzerland, played out. An AP Fact Check put his statements under scrutiny and found distortions on a range of topics. (AP Photo/Evan Vucci, File)

AP FACT CHECK: Trump's fusillade of misfires on fateful week

Jan. 25, 2020 3:21 PM EST

WASHINGTON (AP) — Abroad, at home and in Twitter's ether, President Donald Trump unleashed a fusillade of statements over the past week as the Senate impeachment trial unfolded and the Davos economic forum played out in Switzerland. On impeachment, the state of the country, abortion, pollution and more,...

Brazil's President Jair Bolsonaro, left, shakes hand with Indian Prime Minister Narendra Modi, with Indian President Ram Nath Kovind standing beside them during his ceremonial welcome at the presidential palace in New Delhi, India, Saturday, Jan. 25, 2020. Bolsonaro is this year's chief guest for India's Republic day parade. (AP Photo/Manish Swarup)

India, Brazil agree to boost ties in IT, biofuel and mining

Jan. 25, 2020 3:16 PM EST

NEW DELHI (AP) — India and Brazil agreed Saturday to boost trade and investment across a range of fields such as defense, mining, biofuel, cybersecurity, food, the environment and health. India’s Prime Minister Narendra Modi lauded Brazil as “a valuable partner” as he and visiting...

United States Treasury Secretary Steven T. Mnuchin speaks at Chatham at House in London, Saturday, Jan. 25, 2020.  Mnuchin is visiting Britain Saturday for high level discussions on trade following his visit to the World Economic Forum in Davos, Switzerland. (AP Photo/Alberto Pezzali)

US Treasury chief says trade deal possible with UK in a year

Jan. 25, 2020 9:52 AM EST

LONDON (AP) — U.S. Treasury Secretary Steven Mnuchin suggested Saturday that Britain and America would be able to conclude a trade deal this year, despite lingering disagreements on a digital services tax and whether to allow Chinese tech giant Huawei to build aspects of a new high-speed mobile network....

FILE-In this Sept. 11, 2018 file photo, live lobsters are packed in coolers for shipment to China at The Lobster Company in Arundel, Maine. The busiest season for lobster exports to China is around Chinese New Year, which took place Saturday. Lobsters have exploded in popularity with the Chinese middle class but President Donald Trump's trade hostilities with China led to tariffs in 2018 that cratered the U.S. export market. Meanwhile, Canada's market has surged. (AP Photo/Robert F. Bukaty, files)

China deal might not bail out lobster industry this New Year

Jan. 25, 2020 9:35 AM EST

PORTLAND, Maine (AP) — American seafood exporters are optimistic that a new trade deal with China will allow them to claw back into one of the world's biggest markets for lobster, but help might not have arrived in time for the biggest day on the calendar. The busiest season for lobster exports to China...