Latest Trade agreements News

US files first trade complaint with Mexico under USMCA

May. 12, 2021 19:24 PM EDT

MEXICO CITY (AP) — The United States filed its first labor complaint with Mexico Wednesday under the U.S.-Mexico-Canada trade agreement, after an old-guard union was caught allegedly destroying ballots at a General Motors plant in northern Mexico. The U.S. Trade...

EU, India try again to clinch trade deal, sidelining China

May. 08, 2021 11:24 AM EDT

PORTO, Portugal (AP) — The European Union and India agreed Saturday to restart negotiations on a bilateral free trade deal, eight years after their first attempt failed and as both sides seek alternatives to China. Indian Prime Minister Narendra Modi spoke via...

EU leaders attend summit in person for 1st time this year

May. 07, 2021 15:34 PM EDT

PORTO, Portugal (AP) — European Union leaders and their large following of diplomats and advisers met Friday in Portugal for two days of in-person talks, signaling their belief that the threat from COVID-19 on the continent is waning amid a quickening vaccine rollout. ...

US downplays prospect of post-Brexit trade deal with UK

May. 06, 2021 06:34 AM EDT

LONDON (AP) — U.S. Secretary of State Antony Blinken has downplayed any prospect of an imminent trade deal with a post-Brexit Britain. In an interview with BBC radio broadcast Thursday, Blinken said any deal would take “some time” and that U.S. President Joe Biden...

Tanzania's new president on two-day state visit to Kenya

May. 04, 2021 13:00 PM EDT

NAIROBI, Kenya (AP) — Tanzanian President Samia Suluhu Hassan is on a two-day state visit to Kenya aimed at improving trade relations between the two East African neighbors which had deteriorated as a result of her predecessor's denial of COVID-19. Hassan has agreed to...

UK announces plan for 'quantum leap' in relations with India

May. 04, 2021 11:05 AM EDT

LONDON (AP) — Britain said Tuesday it's agreed to increase cooperation with India in areas including trade, science and health as Indian authorities battle a surge in coronavirus infections that threatens to overwhelm the nation's health care system. Plans for a...

EU lawmakers approve post-Brexit trade treaty

Apr. 28, 2021 05:16 AM EDT

BRUSSELS (AP) — European Union leaders, their British counterparts and European businesses expressed hope Wednesday that the final ratification of the post-Brexit trade deal will open a new, positive era of cooperation despite the many divisive topics remaining between the former partners....

European Parliament set to greenlight post-Brexit trade deal

Apr. 27, 2021 05:06 AM EDT

BRUSSELS (AP) — European Union lawmakers are set to formally ratify the post-Brexit deal between the EU and the United Kingdom amid ongoing tensions between London and Brussels over Northern Ireland trade rules. The deal, which was finalized on Christmas Eve, already...

Mexican union vote halted at GM plant; vote fixing alleged

Apr. 23, 2021 15:20 PM EDT

MEXICO CITY (AP) — Mexico faced its biggest challenge yet Friday to labor-freedom reforms under the U.S.-Mexico-Canada trade agreement after an old-guard union was caught apparently destroying negative ballots at a General Motors plant in northern Mexico. Labor...

CN bids $33.7B for Kansas City Southern, tops $25B proposal

Apr. 20, 2021 17:35 PM EDT

A bidding war is breaking out for Kansas City Southern, with Canadian National Railway making a $33.7 billion cash-and-stock offer for the railway. The bid trumps a $25 billion cash-and-stock proposal made by Canadian Pacific last month. Any deal...