Latest International trade News
The end is nigh: EU parliament to approve UK exit from EU
BRUSSELS (AP) — The European Parliament on Wednesday is set to overwhelmingly approve the departure of the United Kingdom from the European Union — the final major decision in the four-year Brexit saga. With only two days to spare, the legislators will vote to approve the withdrawal agreement that...
In snub to US, Britain will allow Huawei in 5G networks
LONDON (AP) — Britain decided Tuesday to let Chinese tech giant Huawei have a limited role supplying new high-speed network equipment to wireless carriers, ignoring the U.S. government's warnings that it would sever intelligence sharing if the company was not banned. Britain's decision is the first by a...
Trump looks to sign trade deal, show wins during impeachment
WASHINGTON (AP) — President Donald Trump is eager to show off a big policy win during his impeachment trial by signing into law a major rewrite of the rules of trade with Canada and Mexico. Trump made renegotiating the North American Free Trade Agreement a priority during his 2016 campaign, although trade...
In grinding manufacturing slump, 3M cuts another 1,500 jobs
A profound slump in manufacturing and a trade war that has slowed economic growth in China has led to a second round of layoffs at 3M, the Minnesota company that makes Post-it notes as well as industrial coatings and ceramics. The 1,500 job cuts come on top of the 2,000 jobs the company trimmed less than a year...
Irish leader says EU to have stronger hand in UK trade talks
LONDON (AP) — Ireland’s prime minister warned Britain on Monday that Brexit is far from finished -- and the European Union will have the stronger hand in upcoming negotiations on future relations between the two sides. Leo Varadkar said “we're only at halftime on Brexit,” as the...
German exports to Britain down amid Brexit uncertainty
BERLIN (AP) — German exports to Britain dropped by about 4% during the first 11 months of last year amid concerns about the U.K.'s future relationship with the European Union, a German trade body said Monday. The Association of German Chambers of Industry and Commerce said exports to Britain fell by 3...
China temporarily bans wildlife trade in wake of outbreak
BEIJING (AP) — Chinese authorities temporarily banned the trade of wild animals Sunday following a viral outbreak in Wuhan, saying they will “severely investigate and punish” violators. Local authorities will “strengthen inspections and severely investigate and punish those who are...
In recording Trump asks how long Ukraine can resist Russians
WASHINGTON (AP) — President Donald Trump inquired how long Ukraine would be able to resist Russian aggression without U.S. assistance during a 2018 meeting with donors that included the indicted associates of his personal attorney Rudy Giuliani. “How long would they last in a fight with...
AP FACT CHECK: Trump's fusillade of misfires on fateful week
WASHINGTON (AP) — Abroad, at home and in Twitter's ether, President Donald Trump unleashed a fusillade of statements over the past week as the Senate impeachment trial unfolded and the Davos economic forum played out in Switzerland. On impeachment, the state of the country, abortion, pollution and more,...
India, Brazil agree to boost ties in IT, biofuel and mining
NEW DELHI (AP) — India and Brazil agreed Saturday to boost trade and investment across a range of fields such as defense, mining, biofuel, cybersecurity, food, the environment and health. India’s Prime Minister Narendra Modi lauded Brazil as “a valuable partner” as he and visiting...
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