Latest International trade News

Pact reached to avert government shutdown through Dec. 20

Nov. 12, 2019 6:52 PM EST

WASHINGTON (AP) — A top House lawmaker announced Tuesday that Congress will pass a governmentwide temporary spending bill to keep the government running through Dec. 20, forestalling a government shutdown as the House turns its focus to impeachment hearings. Appropriations Committee Chairwoman Nita Lowey,...

Senate Democrats assail Trump's $16B bailout for farmers

Nov. 12, 2019 5:24 PM EST

MINNEAPOLIS (AP) — President Donald Trump's $16 billion bailout package for farmers hurt by the trade war with China unfairly benefits the South at the expense of the North and wealthy producers over smaller farms, Democratic senators concluded in a report released Tuesday. The report, one of the sharpest...

US stock indexes turn mixed after early rally loses momentum

Nov. 12, 2019 4:53 PM EST

Stocks on Wall Street closed with modest gains Tuesday after an early rally lost momentum toward the end of the day. The Nasdaq composite still finished with its second record high in three days, while the Dow Jones Industrial Average ended unchanged from the all-time high it set a day earlier. The S&P 500...

Gas up 3 cents per gallon in Massachusetts

Nov. 12, 2019 3:00 PM EST

BOSTON (AP) — The average price of a gallon of gasoline in Massachusetts has increased 3 cents as trade tensions between the U.S. and China cool. AAA Northeast reported Tuesday that self-serve, regular is now selling for an average of $2.51 per gallon. That is a dime lower than the national average, and 23...

World stocks rise as investors await US-China trade moves

Nov. 12, 2019 8:06 AM EST

BANGKOK (AP) — World stock markets rose Tuesday as investor awaited news on progress in negotiations on the trade dispute between China and the United States. An update could come later in the day, when U.S. President Donald Trump is scheduled to give a speech on trade and economic policy at the Economic...

After boost from Perry, supporters got huge Ukraine gas deal

Nov. 12, 2019 7:43 AM EST

KYIV, Ukraine (AP) — Two political supporters of U.S. Energy Secretary Rick Perry secured a potentially lucrative oil and gas exploration deal from the Ukrainian government soon after Perry proposed one of the men as an adviser to the country's new president. Perry's efforts to influence Ukraine's energy...

Rainsy: EU trade move to bolster bid for Cambodian democracy

Nov. 12, 2019 6:53 AM EST

KUALA LUMPUR, Malaysia (AP) — Exiled Cambodian opposition leader Sam Rainsy said Tuesday the European Union's assessment of whether to suspend trade privileges for his country will add momentum to efforts to restore democracy despite a government crackdown. The EU finalized a preliminary report Tuesday...

Stocks mixed as uncertainty reigns in US-China trade talks

Nov. 11, 2019 11:40 PM EST

BANGKOK (AP) — Shares were mixed in Asia on Tuesday as investors awaited cues on trade talks between China and the U.S. The next hints on progress in the negotiations between Beijing and Washington could come later in the day, when Trump is scheduled to give a speech on trade and economic policy at the...

How major US stock indexes fared Monday

Nov. 11, 2019 4:35 PM EST

U.S. stocks mostly sank on Monday as uncertainty continues to hang over U.S.-China trade talks, or at least over investors' perception of them. President Donald Trump said over the weekend that reports about U.S. willingness to lift tariffs were "incorrect," only two days after a Chinese official said both sides...

Markets Right Now: Stocks fall on uncertainty over trade

Nov. 11, 2019 4:14 PM EST

NEW YORK (AP) — The latest on developments in financial markets (all times local): 4:00 p.m. Stocks are closing slightly lower on Wall Street Monday as traders look for clarity on the status of trade talks between the U.S. and China. Comments from President Trump on Saturday created some uncertainty about...