Latest Free trade News

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...

EU adopts Vietnam trade deals despite human rights concerns

Feb. 12, 2020 7:28 AM EST

BRUSSELS (AP) — European lawmakers have overwhelmingly approved free trade and investment deals between the EU and Vietnam that will eliminate almost all tariffs over the next ten years, despite concerns about the human rights situation in the country. After an influential parliamentary trade committee...

European Commission President Ursula von der Leyen, left, talks to to European Union chief Brexit negotiator Michel Barnier during a debate on a proposed mandate for negotiations for a new partnership with the United Kingdom of Great Britain and Northern Ireland, at the European Parliament in Strasbourg, eastern France, Tuesday, Feb.11, 2020. (AP Photo/Jean-Francois Badias)

EU chief rejects Johnson's idea of loose UK trade deal

Feb. 11, 2020 9:12 AM EST

BRUSSELS (AP) — The European Union will only offer Britain unique access to its vast single market if the U.K. agrees to stick to the bloc's standards, European Commission President Ursula von der Leyen said Tuesday, dismissing British Prime Minister Boris Johnson's idea of brokering a loose trade deal...

Scotland's First Minister Nicola Sturgeon speaks during an event 'Scotland's European Future after Brexit' at the European Policy Center in Brussels, Monday, Feb. 10, 2020. (AP Photo/Virginia Mayo, Pool)

Scottish government leader urges UK to stick to EU standards

Feb. 10, 2020 12:49 PM EST

BRUSSELS (AP) — The leader of Scotland's government warned Monday that Britain would pay a “heavy cost" if it abandons European Union rules and standards after a post-Brexit transition period expires at the end of the year. Scottish First Minister Nicola Sturgeon also reiterated her desire for a...

Indonesia's President Joko Widodo gives a joint statement with Australia's Prime Minister Scott Morrison at Parliament House in Canberra, Monday, Feb. 10, 2020. Widodo is on a two-day visit to Canberra, his fourth visit to Australia. (AP Photo/Rick Rycroft, Pool)

Indonesian president urges closer Australian partnership

Feb. 9, 2020 10:19 PM EST

CANBERRA, Australia (AP) — Indonesia’s president spoke to Australia's Parliament on Monday, urging a closer partnership between their nations as their shared democratic values are threatened by uncertain global economics. President Joko Widodo was addressing a rare joint-sitting of the Australian...

President Donald Trump welcomes Kenyan President Uhuru Kenyatta at the White House, Thursday, Feb. 6, 2020, in Washington. (AP Photo/Manuel Balce Ceneta)

Trump administration to open free-trade talks with Kenya

Feb. 6, 2020 5:11 PM EST

WASHINGTON (AP) — The Trump administration announced Thursday that it intends to open free-trade talks with Kenya in pursuit of what would be the first trade agreement between the United States and a nation in sub-Saharan Africa. The announcement followed a White House meeting between President Donald...

Britain's Foreign Secretary Dominic Raab, left, and Australian Foreign Minister Marise Payne pose for photographs ahead of a bilateral meeting at Parliament House in Canberra, Thursday, Feb. 6, 2020. (Lukas Coch/Pool Photo via AP)

UK and Australia commit to free trade negotiations

Feb. 6, 2020 1:04 AM EST

CANBERRA, Australia (AP) — British Foreign Secretary Dominic Raab made his first overseas trip since Brexit on Thursday to faraway Australia, where he reaffirmed Britain’s desire for a free trade deal and gave assurances that the countries’ differing views on Chinese tech giant Huawei would...

British Prime Minister Boris Johnson outlines his government's negotiating stance with the European Union after Brexit, during a key speech at the Old Naval College in Greenwich, London, Monday, Feb. 3, 2020. (AP Photo/Frank Augstein, Pool)

UK and EU clash over trade with 11 months to make a deal

Feb. 3, 2020 3:34 PM EST

LONDON (AP) — Britain and the European Union set out clashing opening gambits Monday on striking a post-Brexit trade deal, making it clear that each side is willing to walk away without an agreement rather than compromise on key issues. U.K. Prime Minister Boris Johnson sent a bravado-filled salvo toward...

The Victoria Tower stands in Westminster, in London, Saturday, Feb. 1, 2020. Britain has officially left the European Union on Friday after a debilitating political period that has bitterly divided the nation since the 2016 Brexit referendum.(AP Photo/Alberto Pezzali)

Britain to seek Canada-style free trade deal with EU

Feb. 2, 2020 8:51 AM EST

LONDON (AP) — Two days after Brexit, British officials pushed the European Union on Sunday for a Canada-style free trade arrangement as British Prime Minister Boris Johnson geared up for a key speech to spell out his government's negotiating stance. Foreign Secretary Dominic Raab told Sky News that Britain...

An image of the clock face of 'Big Ben' is projected onto the exterior of 10 Downing street, the residence of the British Prime Minister, in London as Britain left the European Union, Friday, Jan. 31, 2020. With little fuss and not much fanfare, Britain left the European Union on Friday after 47 years of membership, taking a leap into the unknown in a historic blow to the bloc. (AP Photo/Kirsty Wigglesworth)

Britain leaves the European Union, leaps into the unknown

Jan. 31, 2020 6:37 PM EST

LONDON (AP) — So long, farewell, auf wiedersehen, adieu. With little fanfare, Britain left the European Union on Friday after 47 years of membership, taking a leap into the unknown in a historic blow to the bloc. The U.K.'s departure became official at 11 p.m. (2300GMT), midnight in Brussels, where the EU...