Latest International trade News
Debate heats up over how countries tax Big Tech companies
FRANKFURT, Germany (AP) — An international debate over how countries tax big U.S. technology companies such as Google, Amazon and Facebook is heating up, presenting a challenge for President Joe Biden's new administration. A mid-year deadline is on the horizon for talks about a global deal to defuse trade...
Criminals in Mexico exploit desperation for oxygen canisters
MEXICO CITY (AP) — Mexico continued to post near-record rates of coronavirus deaths Tuesday, and the huge demand for oxygen canisters has led to frauds, robberies and other crimes against families trying to care for relatives at home. Mexico posted a near-record 1,743 newly confirmed COVID-deaths, bringing...
South Africa's president criticizes 'vaccine nationalism'
JOHANNESBURG (AP) — South African president and African Union chairman Cyril Ramaphosa has called on richer nations to release surplus vaccine doses to the rest of the world. Delivering an address Tuesday to the virtual World Economic Forum dialogue, Ramaphosa highlighted the African Union’s...
Biden more bullish on vaccines, open to 1.5M daily shot goal
WASHINGTON (AP) — President Joe Biden appeared to boost his goal for coronavirus vaccinations in his first 100 days in office, suggesting the nation could soon be injecting 1.5 million shots on an average per day. Biden signaled on Monday his increasing bullishness on the pace of vaccinations after signing...
Under Biden, China faces renewed trade pressure
BEIJING (AP) — The U.S.-Chinese trade war isn’t going away under President Joe Biden. Biden won’t confront Beijing right away, economists say, because he wants to focus on the coronavirus and the economy. But he looks set to renew pressure over trade and technology grievances that prompted...
Biden more bullish on vaccines, open to 1.5M daily shot goal
WASHINGTON (AP) — President Joe Biden on Monday appeared to boost his goal for coronavirus vaccinations in his first 100 days in office, suggesting the nation could soon be injecting 1.5 million shots on an average per day. Biden signaled his increasing bullishness on the pace of vaccinations after signing...
EU pressures AstraZeneca to deliver vaccines as promised
BRUSSELS (AP) — The European Union lashed out Monday at pharmaceutical company AstraZeneca, accusing it of failing to guarantee delivery of coronavirus vaccines without valid explanation, and threatened to impose tight export controls within days on COVID-19 vaccines made in the bloc. Health Commissioner...
China's Xi calls for unity in fighting virus, climate change
Countries must cooperate more closely in fighting the challenges of the pandemic and climate change and in supporting a sustainable global economic recovery, Chinese President Xi Jinping said Monday in an address to the World Economic Forum. “Humanity has only Earth and one future,” Xi said in...
Britain's Boris Johnson presses Biden for new trade deal
WASHINGTON (AP) — British Prime Minister Boris Johnson made clear to President Joe Biden on Saturday that he's eager to forge a new U.S.-U.K. trade deal. The push for a new deal came in a broad-ranging call between the two leaders that touched on the global response to the coronavirus pandemic as well as...
Brexit leader to head Mississippi public policy center
JACKSON, Miss. (AP) — A leader of the Brexit movement and newly appointed government trade adviser in the United Kingdom is now the head of a conservative think tank in the American South. Douglas Carswell, 49, started working this month as the new CEO and president of Mississippi Center for Public...
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