Latest Trade agreements News

Mexico trade negotiator: We'll never accept US 'inspectors'

Dec. 15, 2019 4:41 PM EST

MEXICO CITY (AP) — Mexico’s trade negotiator for North America said Sunday that Mexico categorically opposes allowing foreign labor inspectors to operate in the country, saying that was not contemplated in the recent agreement with Washington and Ottawa on the USMCA pact to replace the North...

No letup for UK lawmakers: Johnson presses ahead with Brexit

Dec. 15, 2019 10:52 AM EST

LONDON (AP) — There will be no letup for U.K. lawmakers worn out after Britain’s bruising election campaign. Prime Minister Boris Johnson is set to begin “before Christmas” the push to secure Parliamentary approval for his Brexit deal. Buoyed by its landslide victory in Thursday's...

China delays tariffs on US autos, other goods in trade deal

Dec. 15, 2019 3:57 AM EST

BEIJING (AP) — China’s government says it will postpone planned punitive tariffs on U.S.-made automobiles and other goods following an interim trade deal with Washington. Sunday’s announcement came after Washington agreed to postpone a planned tariff hike on $160 billion of Chinese goods and...

Mexico objects over US bill on ratifying trade pact

Dec. 14, 2019 7:45 PM EST

MEXICO CITY (AP) — Just days after a landmark agreement on a trade pact to replace the North American Free Trade Agreement, Mexico objected Saturday to legislation introduced in the U.S. Congress as part of an eventual ratification of the deal. Jesús Seade, the Mexican Foreign Relations...

China welcomes preliminary deal in trade war it blames on US

Dec. 14, 2019 8:44 AM EST

BEIJING (AP) — China expressed cautious optimism Saturday about a first-step trade agreement that dials down a trade war it blames the U.S. for starting. Chinese experts and news media joined government officials in saying the deal would reduce uncertainty for companies, at least in the short term. They...

How US-China trade deal achieved a little but left out a lot

Dec. 13, 2019 5:46 PM EST

WASHINGTON (AP) — The limited trade deal that the Trump administration and Beijing announced Friday means Americans will avoid a holiday tax increase on imported toys, clothing and smartphones. U.S. farmers can sell more soybeans and pork to China. And American companies should face less pressure to hand...

Markets have muted reaction to long-awaited China trade deal

Dec. 13, 2019 5:32 PM EST

Wall Street closed out a listless day Friday with tiny gains and more record highs for the S&P 500 and Nasdaq. The U.S. and China revealed they have reached an initial deal in their long-running trade war. The “Phase 1” agreement means that the U.S. won't impose new tariffs on Chinese goods that...

Johnson claims Brexit mandate with new conservative majority

Dec. 13, 2019 3:20 PM EST

LONDON (AP) — Prime Minister Boris Johnson pledged Friday to heal Britain's divisions over Brexit after his gamble on early elections rewarded him with a commanding majority in Parliament and a new mandate to take his country out of the European Union at the end of January. Johnson's promise to “get...

The Latest: Macron: UK and EU will remain tied after Brexit

Dec. 13, 2019 12:14 PM EST

LONDON (AP) — The Latest on Britain's Brexit election (all times local): 5 p.m. French President Emmanuel Macron says Britain and Europe will remain inextricably tied even after Brexit, which is now set to take place on Jan. 31 after Boris Johnson's Conservative Party won a convincing majority in...

UK vote eases corrosive uncertainty hurting businesses

Dec. 13, 2019 11:42 AM EST

LONDON (AP) — British businesses that have been hobbled for three years by fear and confusion over Brexit are getting a break. The U.K. election result means Britain's departure from the European Union will almost certainly happen — after multiple delays — on Jan. 31, as scheduled. It remains...