Latest International trade News

In this Feb. 17, 2020, file photo released by Xinhua News Agency, workers assemble Audi A6 L cars at a workshop of FAW-Volkswagen Automobile Co., Ltd. in Changchun, northeast China's Jilin Province.Factories that make the world's smartphones, toys and other goods are struggling to reopen after a virus outbreak idled China's economy. But even with the ruling Communist Party promising help, companies and economists say it may be months before production is back to normal. (Zhang Nan/Xinhua via AP, File)

China struggles to revive manufacturing amid virus outbreak

Feb. 25, 2020 10:54 PM EST

BEIJING (AP) — Factories that make the world’s smartphones, toys and other goods are struggling to reopen after a virus outbreak idled China’s economy. But even with the ruling Communist Party promising help, companies and economists say it may be months before production is back to normal. ...

FILE - This May 8, 2019, file photo shows a lobster atop others in Arundel, Maine.  Maine's congressional delegation announced Tuesday, Feb. 25, 2020, that China is making U.S. lobster eligible for a tariff reduction. Starting the following week, Chinese businesses could apply for a tariff exemption that would let them buy U.S. lobster at a lower price, officials said. ( AP Photo/Rodrique Ngowi, File)

US lobstermen may see relief from steep Chinese tariffs

Feb. 25, 2020 1:37 PM EST

PORTLAND, Maine (AP) — China is making U.S. lobster eligible for a tariff reduction, good news for lobster fishermen who lost a key export market during trade hostilities, Maine's congressional delegation announced Tuesday. The one-year exemption process may exclude $300 million worth of U.S. seafood from...

French Junior Minister for European Affairs Amelie de Montchalin, right, speaks with Dutch Foreign Minister Stef Blok during a meeting of EU General Affairs ministers at the European Council building in Brussels, Tuesday, Feb. 25, 2020. European Union ministers are putting the final touches on the mandate that will be the guide for EU negotiator Michel Barnier as he sits own with UK officials to thrash out a free trade deal over the next ten months. (AP Photo/Virginia Mayo)

EU approves tough negotiating mandate for UK trade talks

Feb. 25, 2020 12:54 PM EST

BRUSSELS (AP) — The European Union on Tuesday gave its chief negotiator a robust mandate for free trade talks with ex-member Britain, setting up a likely clash over the U.K.’s demand to export to the continent on its own terms without the need to necessarily respect the bloc's rules and regulations....

FILE - In this May 25, 2018 file photo, an employee at Acme Mills in Santa Teresa, N.M., works to organize textiles. Border trade leaders are expressing optimism for the 2020 trade forecast with Mexico, especially at the busy Santa Teresa Port of Entry in New Mexico, following the new free trade agreement. (AP Photo/ Russell Contreras, File)

Leaders: 2020 forecast is rosy for border trade with Mexico

Feb. 25, 2020 12:05 PM EST

LAS CRUCES, N.M. (AP) — Border trade leaders are expressing optimism for the 2020 trade forecast with Mexico — especially at the busy Santa Teresa Port of Entry in New Mexico — following the new free trade agreement. That's because port officials, which have long lacked the ability to process...

U.S.President Donald Trump points to a question during a news conference, Tuesday, Feb. 25, 2020, in New Delhi, India. (AP Photo/Alex Brandon)

Trump defends Modi, refuses to weigh in on citizenship law

Feb. 25, 2020 11:41 AM EST

NEW DELHI (AP) — Defending the host who has showered him with pageantry, President Donald Trump refused Tuesday to speak out publicly against an Indian citizenship law pushed by Prime Minister Narendra Modi that has sparked deadly protests over discrimination against Muslims during the president's visit....

U.S.President Donald Trump and first lady Melania Trump stand with Indian President Ram Nath Kovind and his wife Savita Kovind during the playing of the national anthem at a state banquet at Rashtrapati Bhavan, Tuesday, Feb. 25, 2020, in New Delhi, India. (AP Photo/Alex Brandon, Pool)

The Latest: Trump hails India trip as 'learning experience'

Feb. 25, 2020 11:02 AM EST

NEW DELHI (AP) — The Latest on President Donald Trump's visit to India (all times local): 8:40 p.m. President Donald Trump says an India visit that featured a mega-rally, a tour of the Taj Mahal and meetings with business leaders and Prime Minister Narendra Modi has been a “tremendous learning...

Cuba opens its annual trade fair for the key cigar sector

Feb. 24, 2020 5:10 PM EST

HAVANA (AP) — Cuba’s annual cigar trade fair started Monday, bringing thousands of buyers and aficionados of the island’s iconic stogies to sample the latest wares and place orders for sale oversees. According to Habanos SA officials, Cuba sold $531 million worth of cigars worldwide in 2019,...

Women wearing sanitary masks walk in downtown Milan, Italy, Monday, Feb. 24, 2020. Italy has been scrambling to check the spread of Europe's first major outbreak of the new viral disease amid rapidly rising numbers of infections, calling off the popular Venice Carnival, scrapping major league soccer matches in the stricken area and shuttering theaters, including Milan's legendary La Scala. (AP Photo/Luca Bruno)

Virus outbreak chills markets, outlook for global economy

Feb. 24, 2020 2:36 PM EST

FRANKFURT, Germany (AP) — The widening coronavirus outbreak threatens to seriously disrupt the global economy, just as it was steadying itself against headwinds from the U.S.-China trade dispute. Amid concerns that global output could decline for the first time since the global financial crisis a little...

President Donald Trump speaks at a campaign rally Wednesday, Feb. 19, 2020 in Phoenix. (AP Photo/Rick Scuteri)

AP FACT CHECK: Trump's tax fictions; Dem debate misfires

Feb. 24, 2020 12:34 AM EST

WASHINGTON (AP) — In their boisterous presidential debate, several Democrats sold short the health care plans of rivals and Mike Bloomberg distorted his position on the “stop and frisk" police strategy when he was New York City mayor. In an audacious league of his own, President Donald Trump...

FILE - In this Nov. 5, 2018, file photo, supporters of President Donald Trump wait for him to arrive to speak at a rally at Allen County War Memorial Coliseum, in Fort Wayne, Ind. Vice President Mike Pence has a favorite line when he introduces President Donald Trump at rallies. He says

'Promises kept' mantra doesn't always match Trump's reality

Feb. 23, 2020 7:45 AM EST

WASHINGTON (AP) — “It's been three years of promises made and promises kept, but we’re just getting started, (insert state here)." That line from Vice President Mike Pence is a hallmark of how he introduces President Donald Trump to campaign rally audiences. Last week, he delivered versions...