Latest Trade agreements News

Canada says it will impose retaliatory tariffs on US imports

Aug. 7, 2020 4:11 PM EDT

TORONTO (AP) — Canada’s deputy prime minister said Friday that the country plans to impose $3.6 billion Canadian (US$2.69 billion) tariffs on U.S. imports in response to President Donald Trump saying the U.S. is reinstating a 10% import tax on Canadian aluminum. Deputy Prime Minister Chrystia...

FILE - In this file photo dated Thursday, Jan. 30, 2020, a woman holds up the British Union and the European Union flags together during an event in Brussels, Belgium. The number of Britons moving to live in European Union countries has soared since the Brexit vote in 2016, a U.K.-German study has revealed Tuesday Aug. 4, 2020. (AP Photo/Francisco Seco, FILE)

UK to spend millions to ease Brexit red tape for N Ireland

Aug. 7, 2020 1:03 PM EDT

The British government will spend up 355 million pounds ($465 million) to help businesses in Northern Ireland deal with the red tape caused by Brexit, officials said Friday. Brexit’s supporters, including British Prime Minister Boris Johnson, say leaving the European Union will be a boon for U.K....

President Donald Trump speaks during an event at the Whirlpool Corporation facility in Clyde, Ohio, Thursday, Aug. 6, 2020. (AP Photo/Susan Walsh)

Trump targets Canada, reimposing tariffs on aluminum

Aug. 6, 2020 8:07 PM EDT

WASHINGTON (AP) — President Donald Trump said Thursday that the United States is reinstating a 10% import tax on Canadian aluminum, raising tensions with an American ally just weeks after his trade pact with Canada and Mexico took effect. Canada quickly vowed to respond in kind. Trump originally imposed...

A currency trader wearing a face mask walks near the screen showing the Korea Composite Stock Price Index (KOSPI) at the foreign exchange dealing room in Seoul, South Korea, Thursday, Aug. 6, 2020. Stocks were mixed in Asia on Thursday despite strong gains overnight on Wall Street, where the rally just kept on rolling. (AP Photo/Lee Jin-man)

Asian shares mixed as US talks on stimulus still stalled

Aug. 5, 2020 11:17 PM EDT

Stocks were mixed in Asia on Thursday despite strong gains overnight on Wall Street, where the rally just kept on rolling. Investors are watching to see if lawmakers will come ahead with fresh stimulus for the U.S. economy. Tokyo's Nikkei 225 index shed 0.4% to 22,438.61 while the Shanghai Composite index gave...

A woman wearing a face mask walks past a bank's electronic board showing the Hong Kong share index at Hong Kong Stock Exchange Wednesday, Aug. 5, 2020. Major Asian stock markets declined Wednesday amid investor concern about U.S. stimulus spending and a trade agreement with Beijing. (AP Photo/Vincent Yu)

Asian shares fall on jitters over US stimulus, China trade

Aug. 4, 2020 11:43 PM EDT

BEIJING (AP) — Major Asian stock markets declined Wednesday amid investor concern about U.S. stimulus spending and a trade agreement with Beijing. Market benchmarks in Shanghai, Tokyo, Hong Kong and Sydney declined. Investors are watching the stalemate among U.S. legislators over employment benefits for...

FILE - In this July 29, 2020, file photo President Donald Trump arrives to deliver remarks about American energy production during a visit to the Double Eagle Energy Oil Rig in Midland, Texas. Trump, like many fellow Republicans, holds out tax reductions and regulatory cuts as economic cure-alls and frames himself as a conservative champion in seemingly endless culture wars. But the president, still trying to fashion himself as an outsider, offers little detail about how he’d pull the levers of government in a second term.  (AP Photo/Evan Vucci, File)

Trump vs. Biden: Where they stand on health, economy, more

Jul. 30, 2020 5:42 AM EDT

WASHINGTON (AP) — President Donald Trump and his Democratic challenger, Joe Biden, both promise sweeping progress over the next four years –- via starkly different paths. Trump, like many fellow Republicans, holds out tax reductions and regulatory cuts as economic cure-alls and frames himself as a...

FILE - In this Aug 25, 2019, file photo, a conservationist holds up a Central Vietnamese flowerback box turtle (Bourret's box turtle) at a sanctuary in Cuc Phuong national park in Ninh Binh province, Vietnam. Vietnamese Prime Minister Nguyen Xuan Phuc on Thursday signed a directive to ban wildlife imports and closes illegal wildlife markets as a response to the thread of zoonotic diseases such as COVID-19. (AP Photo/Hau Dinh, File)

Vietnam bans wildlife imports, markets amid new health fears

Jul. 25, 2020 12:09 AM EDT

HANOI, Vietnam (AP) — Vietnam announced Friday that it was banning wildlife imports and would close wildlife markets in response to renewed concerns about the threat from diseases that can jump from animals to humans, such as the virus that causes COVID-19. An order signed by Prime Minister Nguyen Xuan...

El jefe del grupo de trabajo de la Comisión Europea para las Relaciones con el Reino Unido, Michel Barnier, escucha el himno de la UE después de dar un discurso a profesores y estudiantes universitarios en el Parlamento Europeo en Bruselas, el miércoles 26 de febrero de 2020. En su discurso, Barnier explicó los desafíos que enfrenta la Unión Europea mientras trata de cerrar un acuerdo comercial con el Reino Unido antes de fin de año. (Foto AP/Francisco Seco)

EU negotiator cites 'objective risk' of no post-Brexit deal

Jul. 23, 2020 1:47 PM EDT

LONDON (AP) — British and European Union negotiators failed to agree on underlying principles in the latest round of talks on post-Brexit trade between the bloc and its one-time member, again raising concerns about far-reaching economic damage if no deal is reached by the end of the year. In comments...

Republican U.S. Senate candidate Manny Sethi shakes hands with Republican Sen. Rand Paul, of Kentucky, during a campaign event Saturday, July 18, 2020, in Lascassas, Tenn. (AP Photo/Jonathan Mattise)

Ad wars heat up in Tennessee Senate primary race

Jul. 21, 2020 3:32 PM EDT

NASHVILLE, Tenn. (AP) — With less than three weeks to go before the Tennessee primary election, the top Republican candidates vying for the state's open Senate seat have notably stepped up their attacks against each other. Bill Hagerty, a former U.S. Ambassador to Japan, released a new television ad...

A worker wearing a face mask to protect against the new coronavirus guides the loading of a shipping container at a container port in Qingdao in eastern China's Shandong Province, Thursday, July 9, 2020. China’s imports of U.S. goods rose 10.6% in June over a year earlier and its global trade also increased in a fresh sign the world’s second-largest economy is gradually recovering from the coronavirus pandemic, customs data showed Tuesday July 14, 2020. (Chinatopix via AP)

China's trade rises as economy recovers from virus slump

Jul. 14, 2020 2:21 AM EDT

BEIJING (AP) — China’s trade improved in June in a fresh sign the world’s second-largest economy is recovering from the coronavirus pandemic. But its exporters face threats including tension with Washington and a possible downturn in U.S. and European demand. Chinese imports rose 3% over a...