Latest International trade News

World shares retreat on jitters over US bill on Hong Kong

Nov. 20, 2019 7:39 AM EST

BEIJING (AP) — Global shares declined Wednesday after the U.S. Senate passed a resolution supporting human rights in Hong Kong following months of increasingly violent protests. The resolution has added to worries over prospects for Beijing and Washington to resolve a tariff war that is hammering...

Wine woes: Tariffs, Brexit cloud French Beaujolais season

Nov. 20, 2019 4:48 AM EST

CHATILLON, France (AP) — Celebration is the mot du jour in France’s Beaujolais region on the third Thursday of November, when winemakers and sellers uncork the season’s Beaujolais Nouveau with feasting and fanfare. But considerable uncertainty is clouding this year’s celebration of the...

Japan exports, imports weaken amid trade tensions, tax hike

Nov. 19, 2019 11:50 PM EST

TOKYO (AP) — Japan’s exports fell 9.2% in October from the year before, the biggest drop in three years as the U.S.-China trade war and tensions with South Korea bit into demand. The tariff war between the U.S. and China has taken a toll across Asia, hurting manufacturers and supply chains. Imports...

Asian shares retreat on poor Japan trade data, China news

Nov. 19, 2019 10:34 PM EST

BEIJING (AP) — Shares retreated in Asia on Wednesday after Japan reported its worst monthly decline in exports in three years, putting pressure on the economy as growth slows following a sales tax hike. Adding to regional jitters, the U.S. Senate passed a resolution overnight to support human rights in...

Whitmer, on 1st trade trip, signs startup memo in Israel

Nov. 19, 2019 3:26 PM EST

LANSING, M (AP) — Gov. Gretchen Whitmer, who is in Israel for her first international trade trip, has signed a memorandum of understanding to identify Israeli-based companies that could expand their operations into Michigan. Whitmer signed the agreement on Tuesday with Start Up-Nation Central, a nonprofit...

Global shares mostly rise while investors await trade news

Nov. 19, 2019 8:00 AM EST

TOKYO (AP) — Global shares rose Tuesday as investors appeared hopeful for positive news from the trade talks between the United States and China. Strong economic data and better-than-expected corporate earnings have buoyed U.S. shares since early October, while “markets remain convinced that we will...

Asian shares mixed amid caution on US-China trade talks

Nov. 18, 2019 10:30 PM EST

TOKYO (AP) — Asian shares are mixed as investors remain cautious over prospects for an agreement in trade talks between the United States and China. Japan’s benchmark Nikkei 225 edged 0.1% lower to 23,384.14. Australia’s S&P/ASX 200 added 0.4% to 6,745.60. South Korea’s Kospi...

How major US stock indexes fared Monday

Nov. 18, 2019 4:33 PM EST

The U.S. stock market inched higher Monday, the latest nudge in its record-setting, six-week run, as markets wait for the next development in trade talks between the United States and China. All three major U.S. stock indexes edged above the all-time highs they set on Friday, though the seemingly placid moves...

Markets Right Now: Stocks end wobbly day slightly higher

Nov. 18, 2019 4:11 PM EST

NEW YORK (AP) — The latest on developments in financial markets (all times local): 4 p.m. Stocks ended a wobbly day with tiny gains on Wall Street, enough to nudge major indexes to more record highs. The market started lower Monday as traders waited for clues about where trade talks between the U.S. and...

US again extends limited reprieve on tech sales to Huawei

Nov. 18, 2019 3:19 PM EST

The Trump administration has extended for 90 more days a limited reprieve on U.S. technology sales to Huawei. The U.S. government blacklisted the Chinese tech company in May, deeming it a national security risk. That means U.S. firms aren't allowed to sell technology to Huawei without government approval. The...