Latest International trade News

China suspends tariff hikes on US cars, auto parts

Dec. 14, 2018 7:28 PM EST

BEIJING (AP) — China announced a 90-day suspension on Friday of tariff hikes on U.S. cars, trucks and auto parts following its cease-fire in a trade battle with Washington that threatens global economic growth. The suspension is China's first step in response to President Donald Trump's Dec. 1 agreement to...

Farmers share trade concerns at Nebraska convention

Dec. 14, 2018 6:20 PM EST

OMAHA, Neb. (AP) — More than 2,000 farmers from across the U.S. and Canada shared concerns at a recent Nebraska convention about low crop prices in the wake of President Donald Trump's trade dispute with China. Farmers met this week in Omaha for an annual convention hosted by Farmers Business Network, an...

Farmers buoyed but cautious as China resumes buying soybeans

Dec. 14, 2018 4:00 PM EST

BISMARCK, N.D. (AP) — The resumption of soybean sales to China this week is encouraging to American farmers who have seen the value of their crop plummet amid a trade war with the world's second-largest economy, but producers see it only as a small step and say they need more federal aid. Private exporters...

Detentions raise fears, cast doubt on China's policies

Dec. 14, 2018 3:49 PM EST

WASHINGTON (AP) — By detaining two Canadians in an apparent act of retaliation, China is looking like the country its harshest critics say it is: one unbound by the laws, rules and procedures that govern other major industrial nations. Canada's arrest of a top Chinese technology executive at the request of...

The Latest: Chile to host next year's UN climate summit

Dec. 14, 2018 3:19 PM EST

KATOWICE, Poland (AP) — The Latest on the U.N. climate meeting (all times local): 9:15 p.m. Countries have agreed that Chile will host next year's U.N. climate summit. Delegates at this year's talks in Poland agreed Friday that the South American nation will stage the meeting after Brazil dropped out. ...

Trump asserts China's economy feeling his tariff pressure

Dec. 14, 2018 2:37 PM EST

WASHINGTON (AP) — President Donald Trump says China's economy is feeling the pressure of his tariffs, and he thinks a "big and very comprehensive deal" could happen. Trump asserts in a tweet that China's economy is "growing much slower than anticipated because of our Trade War." China on Friday reported...

May aims to rescue Brexit plan; EU says ball's in UK's court

Dec. 14, 2018 1:08 PM EST

BRUSSELS (AP) — British Prime Minister Theresa May launched a rescue mission for her ailing Brexit deal Friday, after the European Union rebuffed her request to sweeten the divorce agreement so she can win over hostile lawmakers at home. EU leaders meeting in Brussels showed little appetite to resolve...

World markets fall on Chinese growth concerns

Dec. 14, 2018 8:25 AM EST

SINGAPORE (AP) — World stock markets slipped Friday after China reported weaker-than-expected economic data, stirring up worries about the state of the world's second largest economy. European indexes were also weighed down by British Prime Minister Theresa May's failure to get assurances for a Brexit...

China announces suspension of 25 percent penalty tariff on US-made autos following trade cease-fire with Washington

Dec. 14, 2018 6:14 AM EST
BEIJING (AP) — China announces suspension of 25 percent penalty tariff on US-made autos following trade cease-fire with Washington.

Canada caught between 2 powers, feeling alone in the world

Dec. 14, 2018 1:14 AM EST

TORONTO (AP) — First U.S. President Donald Trump attacked Canada on trade. Then Saudi Arabia punished it for speaking up for human rights. Now China has the country in its cross-hairs, detaining two Canadians in apparent retaliation for the arrest of a top Chinese tech executive on behalf of the United...