Latest International trade News

ASEAN downgrades Myanmar presence in summit in major rebuke

Oct. 16, 2021 20:27 PM EDT

KUALA LUMPUR, Malaysia (AP) — Southeast Asian foreign ministers have agreed to downgrade Myanmar's participation in an upcoming summit in their sharpest rebuke yet of its leaders following a Feb. 1 military takeover. Myanmar objected to the decision by the Association...

ASEAN to exclude Myanmar's leader from summit in key rebuke

Oct. 15, 2021 12:00 PM EDT

KUALA LUMPUR, Malaysia (AP) — Southeast Asia’s foreign ministers decided at an emergency meeting Friday not to invite Myanmar's military leader to an annual summit for refusing to let an envoy meet ousted leader Aung San Suu Kyi, a senior regional diplomat said. The...

EU-UK talks, fishing threat kick Brexit back into high gear

Oct. 15, 2021 08:26 AM EDT

BRUSSELS (AP) — The Brexit brawl kicked into high gear Friday on sticking points over Northern Ireland and French fishing, coming almost a year after a deal on a free trade agreement was supposed to have officially sealed the separation between the European Union and the United Kingdom. ...

Hong Kong seizes smuggled Australian lobsters amid China ban

Oct. 15, 2021 04:56 AM EDT

HONG KONG (AP) — Hong Kong and mainland authorities have seized about $540,000 worth of smuggled Australian lobsters believed to be bound for the mainland, after China restricted imports of the crustacean amid escalating tensions with Australia. Hong Kong authorities...

Envoy aborts visit to Myanmar, straining ASEAN relations

Oct. 14, 2021 20:38 PM EDT

BANGKOK (AP) — Myanmar's military-installed government said Thursday that a special envoy appointed by the Association of Southeast Asian Nations abruptly canceled his visit this week after it told him he would not be able to meet with ousted leader Aung San Suu Kyi and others he had...

US reaffirms support for easing WTO rules on COVID vaccines

Oct. 14, 2021 13:52 PM EDT

GENEVA (AP) — A top U.S. trade official said Thursday the Biden administration remains committed to an easing of rules that protect the technology behind coronavirus vaccines so that they can be produced more widely. But ambassador Katherine Tai insisted that “we...

UN investigator: North Korea kids and elderly risk starving

Oct. 13, 2021 18:36 PM EDT

UNITED NATIONS (AP) — North Koreans living under strict pandemic restrictions are facing a growing food crisis and the most vulnerable children and elderly people in the isolated Asian nation are at risk of starvation, a U.N. investigator said in a report released Wednesday. ...

Great Brexit brawl: EU offers to improve N Ireland deal

Oct. 13, 2021 13:49 PM EDT

BRUSSELS (AP) — The great Brexit brawl headed into its next standoff Wednesday when European Union concessions to improve trade in Northern Ireland were likely to be deemed insufficient by the United Kingdom. The EU’s top Brexit official, Maros Sefcovic, proposed...

EXPLAINER: Why are UK and the EU still fighting over Brexit?

Oct. 13, 2021 13:18 PM EDT

LONDON (AP) — “Get Brexit done” was British Prime Minister Boris Johnson’s slogan when he ran for election two years ago. Since then, the U.K. has pulled out of the European Union after more than four decades of membership and several years of wrangling over divorce terms. ...

China exports up 28% in September; surplus with US grows

Oct. 13, 2021 04:08 AM EDT

BEIJING (AP) — China's exports rose at a slightly faster pace in September while demand for imports of iron ore and other commodities eased as a property construction boom cooled and authorities enforced curbs on energy use. Customs data showed exports rose 28.1% to...