Latest Trade barriers News

Chinese exports jump, gap with US grows as tensions persist

Jun. 07, 2021 04:49 AM EDT

BANGKOK (AP) — China's exports and imports surged in May and its politically sensitive surplus with the U.S. grew as the pandemic was waning in important markets in the West. Customs data released Monday showed China’s exports rose 28% from a year earlier and imports...

Asia-Pacific trade ministers mull vaccine access, supply

Jun. 05, 2021 09:55 AM EDT

BANGKOK (AP) — Improved access to coronavirus vaccines and other tools needed to fight the pandemic are vital to crushing the pandemic and hastening a recovery, officials said Saturday in an online meeting of Pacific Rim economies. The unprecedented crisis brought on...

Biden widens list of Chinese firms off-limits for investment

Jun. 04, 2021 08:43 AM EDT

China vehemently objected Friday to U.S. President Joe Biden’s expansion of a list of Chinese companies whose shares are off-limits to American investors because of their purported links to the Chinese military and surveillance. The White House issued the update late...

China trade envoy, US Treasury secretary meet by video

Jun. 02, 2021 00:08 AM EDT

BEIJING (AP) — China’s chief economic envoy and Treasury Secretary Janet Yellen held their first meeting by video Wednesday, but the two sides gave no indication when negotiations on ending their tariff war might resume. Vice Premier Liu He and Yellen discussed the...

US, Chinese trade war envoys talk; no sign of negotiations

May. 26, 2021 23:12 PM EDT

BEIJING (AP) — U.S. and Chinese trade envoys talked by phone Thursday for the first time since President Joe Biden took office, but the two sides gave no sign when negotiations on ending their tariff war might restart. U.S. Trade Representative Katherine Tai discussed...

Factory boss defiant as sanctions bite in China's Xinjiang

May. 25, 2021 02:31 AM EDT

AKSU, China (AP) — A backlash against reports of forced labor and other abuses of the largely Muslim Uyghur ethnic group in Xinjiang is taking a toll on China's cotton industry, but it's unclear if the pressure will compel the government or companies to change their ways. ...

China defiant after EU warning over trade agreement

May. 21, 2021 09:03 AM EDT

BEIJING (AP) — China on Friday rejected European Parliament demands that it lift sanctions against European Union legislators in order to save a trade deal between the two sides. Foreign Ministry spokesperson Zhao Lijian said the sanctions were justified and demanded...

EU, US agree to temporarily suspend tariffs in steel dispute

May. 17, 2021 18:04 PM EDT

BRUSSELS (AP) — The European Union on Monday decided to temporarily suspend some measures at the heart of a steel tariff dispute with the United States that is seen as one of the major trade issues dividing the two sides. With the decision, “we are walking the talk...

China accuses US of 'coercive diplomacy' after trade remarks

May. 14, 2021 05:58 AM EDT

BEIJING (AP) — China on Friday accused the United States of “coercive diplomacy” following comments by Secretary of State Antony Blinken to his Australian counterpart that the U.S. “will not leave Australia alone on the field — or maybe I should say ‘alone on the pitch’ — in...

UK economy showed resilience ahead of big lockdown easing

May. 12, 2021 10:13 AM EDT

LONDON (AP) — The British economy contracted by a quarterly rate of 1.5% in the first three months of 2021, a relatively modest contraction given that the country was in the midst of a strict lockdown to combat a second wave of the coronavirus. The Office for National...