Latest International trade News

European Union chief Brexit negotiator Michel Barnier walks to the Conference Centre in London, Thursday, Dec. 3, 2020. With less than one month to go before the U.K. exits the EU's economic orbit, talks are continuing, and U.K. officials have said this is the last week to strike a deal. (AP Photo/Kirsty Wigglesworth)

Brexit broken record: Trade deal close but big issues remain

Dec. 3, 2020 9:07 AM EST

LONDON (AP) — Much like a broken record, Brexit trade talks are rumored to be poised for success on the cusp of a deadline, only to face the same old fundamental differences on fishing rights, legal oversight and fair competition that have dogged the European Union and Britain for months. It was no...

FILE - In this Monday, Dec. 3, 2018, file photo, a guard tower and barbed wire fences are seen around a facility in the Kunshan Industrial Park in Artux in western China's Xinjiang region. The U.S. Customd snd Border Protection on Wednesday said it will block imports from a major Chinese producer of cotton goods for its suspected use of workers detained as part of a crackdown on ethnic minorities in China's northwest. (AP Photo/Ng Han Guan, File)

US to block goods from Chinese company over rights abuses

Dec. 3, 2020 5:07 AM EST

WASHINGTON (AP) — The U.S. said Wednesday it would block imports from a major Chinese producer of cotton goods because of its reliance on workers detained as part of a crackdown on ethnic minorities in China's northwest. Customs and Border Protection issued an order halting shipments from the...

A student checks the time as others wait for the start of the annual college entrance examination amid the coronavirus pandemic at an exam hall in Seoul, South Korea, Thursday, Dec. 3, 2020. South Korean officials are urging people to remain at home if possible and cancel gatherings as about half a million students prepare for a crucial national college exam. (Kim Hong-Ji/Pool Photo via AP)

The Latest: Young S. Koreans taking crucial university exam

Dec. 3, 2020 3:45 AM EST

SEOUL, South Korea — Hundreds of thousands of masked students in South Korea, including 35 COVID-19 patients, are taking the country’s highly competitive university entrance exam despite a viral resurgence that has forced authorities to toughen social distancing rules. The Education Ministry says...

President-elect Joe Biden speaks as Vice President-elect Kamala Harris listens at left, during an event to introduce their nominees and appointees to economic policy posts at The Queen theater, Tuesday, Dec. 1, 2020, in Wilmington, Del. (AP Photo/Andrew Harnik)

The Latest: Biden gives dire virus warning for next 2 months

Dec. 2, 2020 5:39 PM EST

WASHINGTON (AP) — The Latest on President-elect Joe Biden (all times local): 5:40 p.m. President-elect Joe Biden has issued a dire warning about the spread of the coronavirus over the next two months, predicting as many as 250,000 deaths. Biden, who has warned of a “dark winter” ahead, did...

FILE - In this Sept. 4, 2017, file photo, trucks cross the friendship bridge connecting China and North Korea in the Chinese border town of Dandong, opposite side of the North Korean town of Sinuiju. China on Wednesday, Dec. 2, 2020, rejected U.S. accusations it is weakening its enforcement of sanctions against North Korea, but said more efforts are needed toward reaching a political settlement and greater attention should be paid to the impact of the sanctions on ordinary North Koreans. (AP Photo/Helene Franchineau, File)

China denies weakening sanctions enforcement on North Korea

Dec. 2, 2020 5:30 AM EST

BEIJING (AP) — China on Wednesday rejected U.S. accusations it is weakening its enforcement of U.N. sanctions against North Korea, but said more efforts are needed toward reaching a political settlement and greater attention should be paid to the impact of the sanctions on ordinary North Koreans. Foreign...

FILE - In this Sept. 2, 2020, file photo, a shopping center is sparsely attended in Sydney.  Australia's economy grew by 3.3% in the third quarter, rebounding from its first recession in nearly three decades as it recovered from pandemic-related shocks, according to figures released Wednesday, Dec. 2.(AP Photo/Rick Rycroft, File)

Australia bounces out of recession as economy grows 3.3%

Dec. 2, 2020 1:43 AM EST

WELLINGTON, New Zealand (AP) — Australia's economy grew by 3.3% in the third quarter, rebounding from its first recession in nearly three decades as it recovered from pandemic-related shocks, according to figures released Wednesday. Treasurer Josh Frydenberg told reporters the country still has a lot of...

Democratic Tucson Mayor Regina Romero is seen at the State of the State address at the Arizona Capitol, Monday, Jan. 13, 2020, in Phoenix. Romero called for a nighttime curfew Monday, Nov. 30, 2020, in Tucson to prevent the spread of COVID-19, saying the virus is spreading rapidly and hospitals in southern Arizona are on the verge of a crisis. (AP Photo/Ross D. Franklin)

The Latest: Tucson votes in mandatory nightly curfew

Dec. 2, 2020 12:17 AM EST

TUCSON, Ariz. -- At the urging of Mayor Regina Romero, the Tucson City Council voted Tuesday night to establish a mandatory nightly curfew for three weeks in an attempt to slow the spread of COVID-19. The 10 p.m.-to-5 a.m. curfew will take effect Friday and run through Dec. 23. Romero says she sought the curfew...

A woman walks by an electronic stock board of a securities firm in Tokyo, Wednesday, Dec. 2, 2020. Asian markets are mixed after the U.S. benchmark S&P 500 set another record. (AP Photo/Koji Sasahara)

Asian shares mixed after S&P 500 sets fresh record high

Dec. 1, 2020 10:45 PM EST

Asian shares advanced Wednesday after Wall Street kicked off December with more milestones, as a broad rally pushed the S&P 500 and Nasdaq composite to new highs. Australia reported its economy expanded 3.3% in the July-September quarter as the country recovered from pandemic lockdowns. That lifted the...

UN urges countries to designate ship crews as 'key workers'

Dec. 1, 2020 8:42 PM EST

UNITED NATIONS (AP) — With the coronavirus pandemic stranding nearly 400,000 merchant seamen at sea, the U.N. General Assembly adopted a resolution Tuesday urging all nations to designate those working on ships as “key workers,” which would ease their travel. The resolution adopted by...

European Commission's Head of Task Force for Relations with the United Kingdom Michel Barnier walks from his hotel to the Conference Centre in London, Wednesday, Nov. 11, 2020. With less than two months to go before the U.K. exits the EU's economic orbit, trade deal talks resume in London. (AP Photo/Frank Augstein)

With a month until split, Brexit trade deal hangs in balance

Dec. 1, 2020 10:33 AM EST

LONDON (AP) — The British government told businesses on Tuesday to make sure they are ready for big changes when the U.K. makes its final Brexit break from the European Union in exactly a month. But with negotiations on a free-trade deal with the bloc stuck, firms say they still don't know key details of...