Latest Trade barriers News

A man wears a face mask as he passes the London Eye in London, Thursday, Oct. 29, 2020.  The International Monetary Fund has downgraded its growth forecasts for the British economy for this year and next, in its annual assessment published Thursday, following an acceleration in the number of coronavirus infections over the past couple of weeks.(AP Photo/Frank Augstein)

IMF blames resurgent coronavirus for UK growth downgrades

Oct. 29, 2020 2:35 PM EDT

LONDON (AP) — The International Monetary Fund has downgraded its growth forecasts for the British economy for this year and next, following an acceleration in the number of coronavirus infections over the past couple of weeks. In its annual assessment of the British economy published Thursday, the...

FILE - In this Jan. 15, 2020, file photo President Donald Trump holds a trade agreement with Chinese Vice Premier Liu He, in the East Room of the White House in Washington. Trump spent four years upending seven decades of American trade policy. He started a trade war with China, slammed America’s closest allies by taxing their steel and aluminum and terrified Big Business by threatening to take a wrecking ball to $1.4 trillion in annual trade with Mexico and Canada.
 Trump’s legacy on trade is likely to linger, regardless whether Joe Biden replaces him in the White House in January 2021.(AP Photo/Evan Vucci)

From Beijing to Brussels, Trump's trade wars at a glance

Oct. 27, 2020 11:07 AM EDT

WASHINGTON (AP) — President Donald Trump said he would shake up American trade policy. That he did. From Beijing to Brussels to Mexico City, he waged war with trading partners on multiple fronts. Here's a look at four tumultuous years of Trump trade policy: TRADE WAR WITH CHINA To rebalance...

FILE - In this July 26, 2018, file photo President Donald Trump speaks at the United States Steel Granite City Works plant in Granite City, Ill.  Trump spent four years upending seven decades of American trade policy. He started a trade war with China, slammed America’s closest allies by taxing their steel and aluminum and terrified Big Business by threatening to take a wrecking ball to $1.4 trillion in annual trade with Mexico and Canada. Trump’s legacy on trade is likely to linger, regardless whether Joe Biden replaces him in the White House in January 2021. (AP Photo/Jeff Roberson, File)

Trump trade policy: 4 years of high drama. Limited results.

Oct. 27, 2020 11:06 AM EDT

WASHINGTON (AP) — President Donald Trump spent four years upending seven decades of American trade policy. In what became his defining economic act, Trump launched a trade war with China. On another front, he taxed the steel and aluminum of U.S. allies. And he terrified America's own corporations by...

Editorial Roundup: US

Oct. 21, 2020 2:11 PM EDT

Excerpts from recent editorials in the United States and abroad: ___ Oct. 21 Los Angeles Times on the U.S. Department of Justice's antitrust lawsuit against Google: The internet has been a powerful source of innovation and opportunity in the half-century since the first electronic message was sent between...

EU slaps sanctions on 7 new Syria government ministers

Oct. 16, 2020 10:32 AM EDT

BRUSSELS (AP) — The European Union on Friday imposed sanctions on seven ministers recently appointed to the Syrian government, blaming them for playing a role in the continued crackdown on civilians in the war-ravaged country. Asset freezes and travel bans in Europe were imposed on the seven, who include...

Tower Bridge and the skyscrapers of the Canary Wharf financial district, left, are seen at sunrise in London, Monday, Oct. 12, 2020.(AP Photo/Matt Dunham)

UK urged to conclude trade deal with EU to limit Brexit cost

Oct. 14, 2020 6:55 AM EDT

LONDON (AP) — A leading international economic watchdog urged the British government to conclude a free trade agreement with the European Union in the coming days and weeks to support the recovery from the coronavirus pandemic. In its latest survey of the the British economy, the Paris-based Organization...

Valdis Dombrovskis, Vice-President of the EU Commission, speaks at a press conference in Berlin, Germany, following the informal talks of the EU Trade Ministers on Monday, Sept. 21, 2020.  (Bernd von Jutrczenka/Pool via AP)

WTO says EU can put tariffs on $4 billion of US goods

Oct. 13, 2020 1:42 PM EDT

GENEVA (AP) — International arbitrators said Tuesday that the European Union can impose tariffs and other penalties on up to $4 billion worth of U.S. goods and services over illegal American support for plane maker Boeing. The move further sours transatlantic ties at a time when the coronavirus has doused...

Customers wearing face masks to help curb the spread of the coronavirus look at a newly unveiled new model from the American bicycle brand at a retailed shop in Beijing on July 29, 2020. China's trade growth accelerated in September as the world's second-largest economy recovered form the coronavirus pandemic. (AP Photo/Andy Wong)

China's trade growth accelerates in Sept; exports up 9.9%

Oct. 13, 2020 3:34 AM EDT

BEIJING (AP) — China’s trade picked up in September as global demand for masks and medical supplies boosted exports and the economy's early reopening gave producers an edge over foreign competitors. Exports rose 9.9% over a year earlier to $239.8 billion, up from August’s 9.5%, the fourth...

Customers wearing face masks to help curb the spread of the coronavirus look at a newly unveiled new model from the American bicycle brand at a retailed shop in Beijing on July 29, 2020. China's trade growth accelerated in September as the world's second-largest economy recovered form the coronavirus pandemic. (AP Photo/Andy Wong)

China's trade growth accelerates in Sept; exports up 9.9%

Oct. 13, 2020 1:22 AM EDT

BEIJING (AP) — China’s trade growth accelerated in September as the world’s second-largest economy recovered from the coronavirus pandemic. Exports rose 9.9% over a year earlier to $239.8 billion, up from August’s 9.5% growth, customs data showed Tuesday. Imports gained 13.2% to...

Chinese Foreign Minister Wang Yi, left, talks with Cambodian Prime Minister Hun Sen as they sit to witness a signing ceremony for a free trade agreement at Peace Palace in Phnom Penh, Cambodia, Monday, Oct. 12, 2020. (AP Photo/Heng Sinith)

Chinese foreign minister begins SE Asian tour in Cambodia

Oct. 12, 2020 8:38 AM EDT

PHNOM PENH, Cambodia (AP) — China and Cambodia signed a free trade agreement on Monday as China's foreign minister visited Phnom Penh as part of a four-nation Southeast Asian tour. China’s foreign ministry announced that Foreign Minister Wang Yi will make official visits this week to Cambodia,...