Latest Free trade 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...

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...

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...

Britain's Prime Minister Boris Johnson, wearing a face mask, talks with paramedic Cindy Fu during a visit to the headquarters of the London Ambulance Service NHS Trust in London, Monday July 13, 2020. (Ben Stansall/Pool via AP)

Brexit is back: UK aims to prepare public for Jan 1 EU break

Jul. 13, 2020 12:02 PM EDT

LONDON (AP) — The British government told individuals and businesses Monday to get ready for new costs and red tape — but also an exciting “new start” — when the U.K. leaves the European Union's economic embrace in less than six months. The government unveiled details of new...

Democratic presidential candidate former Vice President Joe Biden speaks at McGregor Industries in Dunmore, Pa., Thursday, July 9, 2020. (AP Photo/Matt Slocum)

Biden pledges New Deal-like economic agenda to counter Trump

Jul. 9, 2020 9:08 PM EDT

DUNMORE, Pa. (AP) — Democrat Joe Biden turned his campaign against President Donald Trump toward the economy Thursday, introducing a New Deal-like economic agenda while drawing a sharp contrast with a billionaire incumbent he said has abandoned working-class Americans amid cascading crises. The former...

President Donald Trump greets Mexican President Andres Manuel Lopez Obrador at the White House in Washington, Wednesday, July 8, 2020. (AP Photo/Patrick Semansky)

Mexican president's US visit cordial, lacking in substance

Jul. 9, 2020 7:40 PM EDT

MEXICO CITY (AP) — President Andrés Manuel López Obrador returned to Mexico on Thursday buoyed by a cordial first encounter with President Donald Trump that successfully distracted from multiple crises at home but produced few tangible results. As they have done since López Obrador took...

President Donald Trump and Mexican President Andres Manuel Lopez Obrador arrive for an event in the Rose Garden at the White House, Wednesday, July 8, 2020, in Washington. (AP Photo/Evan Vucci)

Trump forgoes insults of past, calls Mexico cherished friend

Jul. 8, 2020 7:37 PM EDT

WASHINGTON (AP) — President Donald Trump, who has denigrated Mexican migrants and threatened the U.S. ally with crippling tariffs, welcomed President Andrés Manuel López Obrador to the White House on Wednesday, called him a cherished partner and claimed the countries' economic and security ties...

US starts talks on free trade agreement with Kenya

Jul. 8, 2020 2:51 PM EDT

WASHINGTON (AP) — The United States and Kenya began talks on a free trade agreement Wednesday that would mark the first U.S. trade deal with a sub-Saharan nation. “We look forward to concluding a comprehensive, high-standard agreement to benefit both American and Kenyan economies and that will...

Residents walk pas the Australian embassy in Beijing, China April 9, 2019. In a notice issued June 5, 2020, China is advising its citizens not to visit Australia, citing racial discrimination and violence against Asians, in what appears to be Beijing's latest attempt to punish the country for advocating an investigation into the coronavirus pandemic. (AP Photo/Ng Han Guan)

China dismisses Australian warning of arbitrary detention

Jul. 8, 2020 4:02 AM EDT

CANBERRA, Australia (AP) — The Chinese Embassy on Wednesday dismissed Australia’s warning to travelers of arbitrary detention in China as “ridiculous” and “disinformation” in the latest diplomatic spat to mar a deteriorating relationship. Australia’s Department of...

FILE - In this April 5, 2020 file photo, Mexican President Andres Manuel Lopez Obrador speaks at the National Palace in Mexico City. For his first foreign trip as president, López Obrador travels to Washington Tuesday, July 7, 2020 to meet with President Donald Trump. (AP Photo/Eduardo Verdugo, File)

Mexico president heads to Washington for meeting with Trump

Jul. 7, 2020 10:26 PM EDT

MEXICO CITY (AP) — For his first foreign trip as president, Mexico’s Andrés Manuel López Obrador travels to Washington Tuesday to meet with President Donald Trump, who has repeatedly taken shots at Mexico and Mexican migrants to rally his base. The visit, coming just four months before...