Latest Trade agreements News

Markets Right Now: Trade hopes send stocks toward records

Nov. 15, 2019 11:50 AM EST

NEW YORK (AP) — The latest on developments in financial markets (all times local): 11:45 a.m. Stocks are heading for more record highs on Wall Street after U.S. officials said they were making progress in the latest push for a trade agreement with China. Technology stocks were the biggest winners Friday....

US-China trade deal hopes lift stocks on Wall Street

Nov. 15, 2019 11:44 AM EST

NEW YORK (AP) — Stocks moved higher on Wall Street and headed for records on Friday after U.S. officials said they were making progress in the latest push for a trade agreement with China. The market has been sensitive to any developments on U.S.-China trade talks. Investors hope the world’s two...

Global shares mostly rise on talk of China-US trade deal

Nov. 15, 2019 7:39 AM EST

BANGKOK (AP) — Shares mostly rose on Friday after U.S. governments officials said they were getting close to an agreement with China to cool tensions over trade. Germany’s DAX rose 0.2% to 13,208, and France’s CAC 40 gained 0.4% to 5,922. Futures for the Dow Jones Industrial Average and the...

EU rebuffs American pitch of quick deal for more lobsters

Nov. 15, 2019 6:13 AM EST

PORTLAND, Maine (AP) — The United States trade representative is hoping to broker a deal with the European Union to send more lobsters to Europe, but has received a chilly reception so far. The American lobster industry is in the midst of a challenging time in part because of tariffs with China and the EU....

Stock prices surge on bullish talk on China-US trade deal

Nov. 15, 2019 12:27 AM EST

BANGKOK (AP) — Shares advanced in Asia on Friday after White House officials said China and the U.S. were getting close to an agreement to cool tensions over trade. Markets have swung from euphoria to alarm as officials in Beijing and Washington offered conflicting opinions about the state of the...

Pelosi says agreement on revamped NAFTA ‘imminent’

Nov. 14, 2019 8:52 PM EST

WASHINGTON (AP) — House Speaker Nancy Pelosi says she wants to see Congress pass President Donald Trump’s revamped North American free trade deal this year. In a news conference Thursday, the California Democrat said an agreement on the pact is “imminent.” The United States, Mexico and...

China presses Washington for tariff cut in trade deal

Nov. 14, 2019 6:00 AM EST

BEIJING (AP) — China pressed Washington on Thursday to roll back punitive tariffs in a tentative trade deal. A tariff cut is an “important condition” for the agreement that is part of talks on ending a costly trade war, said Commerce Ministry spokesman Gao Feng. Beijing said last week...

Asian markets mixed after Wall Street high

Nov. 13, 2019 11:20 PM EST

BEIJING (AP) — Asian stock markets were mixed Thursday amid doubts about the status of a U.S.-Chinese trade deal after the U.S. Federal Reserve’s chairman said it is likely to leave its benchmark interest rate unchanged. Investors were wary after The Wall Street Journal reported Chinese negotiators...

Global stocks sink after Trump threatens more China tariffs

Nov. 13, 2019 7:48 AM EST

BEIJING (AP) — Global stocks sank Wednesday after U.S. President Donald Trump threatened more tariff hikes on Chinese imports if talks aimed at ending a trade war fail to produce an interim agreement. Market benchmarks in London, Frankfurt, Shanghai and Tokyo declined. Wall Street looked set to slip. Trump...

Asian stocks sink after Trump threatens more China tariffs

Nov. 12, 2019 10:53 PM EST

BEIJING (AP) — Asian stocks sank Wednesday after U.S. President Donald Trump threatened more tariff hikes on Chinese imports if talks aimed at ending a trade war fail to produce an interim agreement. Market benchmarks in Shanghai, Tokyo, Hong Kong and Southeast Asia all declined. Trump said Tuesday that...