Latest Trade barriers News

South Korea-Japan trade fight moves to global dispute panel

Jul. 29, 2020 10:18 AM EDT

GENEVA (AP) — World Trade Organization members on Wednesday created a dispute panel to rule on a complaint by South Korea against Japan over restrictions on exports to Korea of products used in semiconductors, mobile phone displays and television displays. Tokyo said it was “deeply...

U.S. President Donald Trump, center, walks by French President Emmanuel Macron, left, and German Chancellor Angela Merkel, right, prior to a group photo of NATO leaders during a NATO leaders meeting at The Grove hotel and resort in Watford, Hertfordshire, England, Wednesday, Dec. 4, 2019. France has avoided echoing Trump’s criticism of Beijing’s handling of the coronavirus, but legislators applauded Foreign Minister Jean-Yves Le Drian last week when he condemned abuses of minority Uighurs in China’s northwest. (AP Photo/Francisco Seco, FIle)

US-China spats rattle world, prompting calls for unity

Jul. 28, 2020 7:46 AM EDT

BEIJING (AP) — Antagonisms between the United States and China are rattling governments around the world, prompting a German official to warn of “Cold War 2.0” and Kenya’s president to appeal for unity to fight the coronavirus pandemic. Global trade already was depressed by the...

FILE - In this June 29, 2019, file photo, U.S. President Donald Trump, left, shakes hands with Chinese President Xi Jinping during a meeting on the sidelines of the G-20 summit in Osaka, western Japan. The ongoing sharp deterioration in U.S.-China ties poses risks to both countries and the rest of the world. With the U.S. presidential campaign heating up, all bets are that relations with China will only get worse. At stake are global trade, technology and security. (AP Photo/Susan Walsh, File)

Trade, technology and security at risk in US-China feud

Jul. 27, 2020 9:23 PM EDT

BEIJING (AP) — They have the largest economies in the world. They spend more than anyone else on their militaries. From high-tech chips to control of the high seas, their interests are closely intertwined. The ongoing sharp deterioration in U.S.-China ties poses risks to both countries and the rest of the...

California man charged with smuggling mosaic from Syria

Jul. 25, 2020 5:30 PM EDT

LOS ANGELES (AP) — A Southern California man has been charged with smuggling an ancient mosaic that authorities believe was looted from war-torn Syria and falsely underestimating its value to avoid import duties. Mohamad Yassin Alcharihi, 53, claimed in paperwork the 18-foot-long mosaic was part of a...

FILE - In this June 17, 2015 file photo, an Airbus A350 performs a demonstration flight at the Paris Air Show, in Le Bourget airport, north of Paris. European planemaker Airbus says it is taking the last step to end 16 years of litigation with the United States at the World Trade Organization. The manufacturer said it will end a system of financial support from France and Spain that the WTO had deemed illegal and unfair to rival Boeing. The Trump administration used the case as justification to slap tariffs on $7.5 billion worth of European exports. (AP Photo/Francois Mori, File)

Airbus moves to end 16 years of litigation, end US tariffs

Jul. 24, 2020 6:31 AM EDT

European planemaker Airbus says it is taking the last step to end 16 years of litigation with the United States at the World Trade Organization over subsidies. The manufacturer said it will end a system of financial support from France and Spain that the WTO had deemed illegal and unfair to rival Boeing. The...

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...

FILE - In this Nov. 3, 2017, file photo, residents line up at a security checkpoint into the Hotan Bazaar where a screen shows Chinese President Xi Jinping in Hotan in western China's Xinjiang region. The U.S. government has imposed trade sanctions on 11 companies it says are implicated in human rights abuses in China’s Muslim northwestern region of Xinjiang.(AP Photo/Ng Han Guan, File)

US sanctions Chinese companies over Muslim abuse complaints

Jul. 21, 2020 10:51 PM EDT

BEIJING (AP) — China said Tuesday it would take unspecified “necessary measures" after the U.S. government imposed trade sanctions on 11 companies it says are implicated in human rights abuses in China’s Muslim northwestern region of Xinjiang. The sanctions add to U.S. pressure on Beijing...

European Union foreign policy chief Josep Borrell arrives for an EU summit at the European Council building in Brussels, Friday, July 17, 2020. Leaders from 27 European Union nations meet face-to-face on Friday for the first time since February, despite the dangers of the coronavirus pandemic, to assess an overall budget and recovery package spread over seven years estimated at some 1.75 trillion to 1.85 trillion euros. (John Thys, Pool Photo via AP)

EU tells US: Stop threatening our companies with sanctions

Jul. 17, 2020 5:26 PM EDT

BRUSSELS (AP) — The European Union is warning the Trump administration to hold off threatening trade sanctions against EU companies involved in the completion of new German-Russian and Turkish-Russian natural gas pipelines and instead discuss differences as allies. This week, the Trump administration...

A worker wearing a face mask to protect against the new coronavirus guides the loading of a shipping container at a container port in Qingdao in eastern China's Shandong Province, Thursday, July 9, 2020. China’s imports of U.S. goods rose 10.6% in June over a year earlier and its global trade also increased in a fresh sign the world’s second-largest economy is gradually recovering from the coronavirus pandemic, customs data showed Tuesday July 14, 2020. (Chinatopix via AP)

China's trade rises as economy recovers from virus slump

Jul. 14, 2020 2:21 AM EDT

BEIJING (AP) — China’s trade improved in June in a fresh sign the world’s second-largest economy is recovering from the coronavirus pandemic. But its exporters face threats including tension with Washington and a possible downturn in U.S. and European demand. Chinese imports rose 3% over a...

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...