Latest Trade agreements News

Christmas lights are lit up on New Bond Street in Mayfair, London, Tuesday, Nov. 24, 2020. Haircuts, shopping trips and visits to the pub will be back on the agenda for millions of people when a four-week lockdown in England comes to an end next week, British Prime Minister Boris Johnson said Monday. (AP Photo/Alberto Pezzali)

UK cuts overseas aid after worst recession in over 300 years

Nov. 25, 2020 3:23 PM EST

LONDON (AP) — The British government faced fury Wednesday after ditching its long-standing target for overseas aid in the wake of what it described as the deepest recession in over three centuries. In a statement to lawmakers, Treasury chief Rishi Sunak said the target to allocate 0.7% of national income...

China's Xi congratulates Biden, hopes for 'win-win' ties

Nov. 25, 2020 10:37 AM EST

BEIJING (AP) — Chinese President Xi Jinping congratulated U.S. President-elect Joe Biden on Wednesday and expressed hope for “win-win cooperation” amid conflicts over trade, technology and security that have plunged Sino-American relations to their lowest level in decades. Biden is widely...

European Commission President Ursula von der Leyen delivers a statement at EU headquarters in Brussels, Tuesday, Nov. 24, 2020. The European Commission announced on Tuesday that it has approved a new contract to secure another COVID-19 vaccine for Europeans. (AP Photo/Olivier Matthys, Pool)

EU is willing to be "creative" to get a Brexit trade deal

Nov. 25, 2020 4:21 AM EST

BRUSSELS (AP) — The European Union on Wednesday committed to be “creative" in the very final stages of the Brexit trade negotiations but warned that whatever deal emerges, the United Kingdom will be reduced to “just a valued partner" far removed from its former membership status. EU...

FILE - In this file photo dated  Thursday, Nov. 12, 2020, European Commission's Head of Task Force for Relations with the United Kingdom Michel Barnier, centre, leaves the Conference Centre in London with unidentified members of his team.  The Brexit trade negotiations have been suspended Thursday Nov. 19, 2020, at a crucial stage because an EU negotiator has tested positive for the coronavirus and EU chief negotiator Michel Barnier said that “we have decided to suspend the negotiations at our level for a short period.”  (AP Photo/Frank Augstein, FILE)

EU, UK still have 'fundamental' differences in trade talks

Nov. 23, 2020 12:14 PM EST

BRUSSELS (AP) — With the European Union's chief negotiator Michel Barnier in quarantine, trade talks with the United Kingdom continued by videoconference this week, though the optimism expressed last week seemed to have faded. Barnier stressed on Monday that negotiators were running out of time to make a...

People hold a pig model with a slogan

Thousands march in Taiwan against US pork imports

Nov. 22, 2020 5:55 AM EST

TAIPEI, Taiwan (AP) — Thousands of people marched in Taipei's streets on Sunday demanding the reversal of a decision to allow U.S. pork imports into Taiwan, alleging food safety issues. President Tsai Ing-wen's administration lifted a long-standing ban on U.S. pork and beef imports in August, in a move...

FILE - In this Wednesday, Dec. 4, 2019 file photo, British Prime Minister Boris Johnson, left, welcomes Canadian Prime Minister Justin Trudeau during official arrivals for a NATO leaders meeting at The Grove hotel and resort in Watford, Hertfordshire, England. The U.K. has signed an interim trade deal with Canada _ a rollover measure meant to cement the trading relationship as the government prepares of life outside the European Union. While Britain formally withdrew from the EU in January, it continues to trade with other countries under the bloc’s umbrella during a transition period that is scheduled to end Dec. 31. (AP Photo/Francisco Seco, File)

UK signs trade deal with Canada to prepare for Brexit

Nov. 21, 2020 1:52 PM EST

LONDON (AP) — The U.K. signed an interim trade deal with Canada on Saturday, giving it more time to negotiate future trading rules as the British government prepares the country for business life outside the European Union. The stopgap agreement allows trade between the two countries to continue under the...

FILE - In this file photo released by Taiwan's Military News Agency, Taiwan war planes are parked on a highway during an exercise to simulate a response to a Chinese attack on its airfields in Changhua in southern Taiwan. Taiwan said Tuesday, Oct 27, 2020, that recent proposed of U.S. sales of missiles and other arms systems will boost the island's ability to credibly defend itself, amid rising threats from China. (Military News Agency via AP, File)

US, Taiwan step up economic cooperation in new dialogue

Nov. 21, 2020 12:00 AM EST

TAIPEI, Taiwan (AP) — The U.S. and Taiwan are stepping up cooperation in a newly created economic dialogue, in another move from the outgoing Trump administration to increase official exchanges with the self-ruled island. The two sides signed a five-year agreement establishing the U.S.-Taiwan Economic...

Malaysia's Prime Minister Muhyiddin Yassin, arrives for the opening of the first virtual Asia-Pacific Economic Cooperation (APEC) leaders' summit, hosted by Malaysia, in Kuala Lumpur, Malaysia, Friday, Nov. 20, 2020. (AP Photo/Vincent Thian)

APEC leaders, including Trump, agree on free trade

Nov. 20, 2020 11:40 AM EST

KUALA LUMPUR, Malaysia (AP) — Leaders from the Asia-Pacific Economic Cooperation forum, including U.S. President Donald Trump, pledged Friday to work toward free, open and non-discriminatory trade and investment to revive their coronavirus-battered economies. The leaders cast aside differences to issue...

European Commission President Ursula von der Leyen speaks during a news conference following an EU Summit video conference at the European Council building in Brussels, Thursday, Nov. 19, 2020. European Union leaders made no progress Thursday toward resolving a diplomatic dispute with EU members Poland and Hungary to unlock a 1.8 trillion-euro ($2.1 trillion) budget and recovery package aimed at putting the bloc's economy back on track after the pandemic. (AP Photo/Olivier Matthys, Pool)

EU gives upbeat assessment of state of Brexit trade talks

Nov. 20, 2020 8:51 AM EST

BRUSSELS (AP) — The European Union on Friday issued one of its most upbeat assessments of the state of post-Brexit trade negotiations, as the talks face an ever tighter deadline for a deal to enter into force for the start of the new year. EU Commission President Ursula von der Leyen said “we've...

FILE - In this file photo dated  Thursday, Nov. 12, 2020, European Commission's Head of Task Force for Relations with the United Kingdom Michel Barnier, centre, leaves the Conference Centre in London with unidentified members of his team.  The Brexit trade negotiations have been suspended Thursday Nov. 19, 2020, at a crucial stage because an EU negotiator has tested positive for the coronavirus and EU chief negotiator Michel Barnier said that “we have decided to suspend the negotiations at our level for a short period.”  (AP Photo/Frank Augstein, FILE)

Brexit trade negotiations suspended because of COVID-19 case

Nov. 19, 2020 6:11 PM EST

BRUSSELS (AP) — As if the Brexit trade negotiations were not tortuous enough, the coronavirus added a twist at a crucial stage on Thursday when top-level talks had to be suspended because an EU negotiator tested positive for COVID-19. It added uncertainty to the negotiations as a deadline looms ever...