Latest Trade policy News

In this photo released by Xinhua News Agency, visitors tour the Chinese internet security firm Qihoo 360 showcasing it 5G digital security and protection system at the World 5G Convention in Beijing on Nov. 21, 2019. One of China's biggest tech companies has criticized the Trump administration for

China demands US withdraw sanctions on tech suppliers

May. 25, 2020 6:26 AM EDT

BEIJING (AP) — China demand Monday that Washington withdraw export sanctions imposed on Chinese companies in the latest round of a worsening conflict over technology, security and human rights. The foreign ministry accused the Trump administration of interfering in China's affairs by adding eight companies...

In this Wednesday, May 20, 2020, photo, Chinese police stand guard in front of Tiananmen Gate in Beijing. This year's version of China's biggest political meeting of the year will be unlike any other. Delayed from March because of the then-spiraling coronavirus outbreak, the decision to go ahead with the gathering signals a partial return to normalcy in the country where the pandemic first broke out.

White House report blasts Chinese 'malign activities'

May. 21, 2020 6:29 AM EDT

WASHINGTON (AP) — Beyond its hard-hitting rhetoric against China over its handling of the coronavirus, the White House has issued a broad-scale attack on Beijing's predatory economic policies, military buildup, disinformation campaigns and human rights violations. The 20-page report does not signal a...

A view of the vessel the Clavel, right, sailing on international waters crossing the Gibraltar stretch on Wednesday, May 20, 2020. Five Iranian tankers likely carrying at least $45.5 million worth of gasoline and similar products are now sailing to Venezuela, part of a wider deal between the two U.S.-sanctioned nations amid heightened tensions between Tehran and Washington. (AP Photo/Marcos Moreno)

Venezuela to escort Iranian tankers bringing needed fuel

May. 20, 2020 7:24 PM EDT

CARACAS, Venezuela (AP) — Venezuela’s defense minister said Wednesday that planes and ships from the nation's armed forces will escort Iranian tankers arriving with fuel to the gasoline-starved country in case of any U.S. aggression. Defense Minister Vladimir Padrino López said Venezuela's...

FILE - In this Wednesday, Feb. 5, 2020 file photo, European Commission's Head of Task Force for Relations with the United Kingdom Michel Barnier, right, is greeted by David McAllister, the German EU parliamentarian who is the legislature's top official on the bilateral relations. Slowed by the coronavirus pandemic and whipped up by a British-imposed deadline, talks between the EU and the UK on a future relationship in the wake of Brexit are struggling to make significant progress. A third negotiation session is drawing to a close on Friday, May 15, 2020 but so far, just over 100 days after the official exit of the UK from the EU, fundamental gaps still exist. (AP Photo/Francisco Seco, File)

As EU talks stall, UK outlines tariffs for post-Brexit world

May. 19, 2020 1:24 PM EDT

LONDON (AP) — The British government published Tuesday the outlines of a new post-Brexit tariff regime that could potentially lead to a fall in the price of thousands of products, including Christmas trees, cocoa and fridges. The Department for International Trade said the new regime will see tariffs...

A woman sits near her belongings outside a railway station hoping to be able to return to her home state, in Mumbai, India, Tuesday, May 19, 2020. Rural villages across India are seeing an increase in cases with the return of hundreds of thousands of migrant workers who left cities and towns where they were abandoned by their employers after having toiled for years building homes and roads. (AP Photo/Rafiq Maqbool)

Asia Today: Hong Kong increasing coronavirus testing

May. 19, 2020 10:32 AM EDT

BANGKOK (AP) — Hong Kong’s leader says the city is ramping up testing for the coronavirus, especially for workers at the busy international airport and caregivers at homes for the elderly and disabled. Carrie Lam said Tuesday that tests will be increased from 4,500 to 7,000 daily, with both the...

In this May 14, 2019 photo, packages of frozen beef filets from Australia, left, the United States, center, and Canada, right, are for sale at a supermarket in Beijing. China has too much at stake to destroy its trading relationship with Australia entirely but is using sanctions to send a sharp warning to the South Pacific nation about its calls for a robust coronavirus inquiry, an expert says. China has suspended beef imports from four Australian slaughterhouses and is threatening to impose huge tariffs on barley after Australia called for independent inquiry into the origins of the virus. (AP Photo/Mark Schiefelbein)

Australia says it doesn't want trade war with China

May. 19, 2020 6:44 AM EDT

CANBERRA, Australia (AP) — Australia’s trade minister said Tuesday that his country does not want a trade war with China, but maintained Beijing had erred by imposing stiff tariffs on Australian barley in what is widely seen as punishment for advocating an investigation into the coronavirus...

Australian Foreign Minister Marise Payne comments in Penrith, Australia Monday, May 18, 2020. Payne welcomed international support for an independent investigation of the coronavirus: an inquiry that has been condemned by China and blamed for a bilateral trade rift. (AP Photo/Rick Rycroft)

Australia welcomes virus inquiry but condemns China tariff

May. 18, 2020 6:40 PM EDT

CANBERRA, Australia (AP) — Australia on Tuesday welcomed international support for an independent coronavirus pandemic investigation as China ratcheted up a bilateral trade rift by placing tariffs on Australian barley. The World Health Organization bowed to calls Monday from most of its member states to...

In this May 14, 2019 photo, packages of frozen beef filets from Australia, left, the United States, center, and Canada, right, are for sale at a supermarket in Beijing. China has too much at stake to destroy its trading relationship with Australia entirely but is using sanctions to send a sharp warning to the South Pacific nation about its calls for a robust coronavirus inquiry, an expert says. China has suspended beef imports from four Australian slaughterhouses and is threatening to impose huge tariffs on barley after Australia called for independent inquiry into the origins of the virus. (AP Photo/Mark Schiefelbein)

China uses trade as weapon to silence virus criticism

May. 15, 2020 10:32 AM EDT

WELLINGTON, New Zealand (AP) — Trying to silence criticism over the coronavirus pandemic, China is deploying a well-used weapon — trade sanctions. Beijing has blocked some imports of Australian beef after Prime Minister Scott Morrison’s government, endorsed by Washington, called for a robust...

European Union's chief Brexit negotiator Michel Barnier speaks during a media conference, following the third round of Brexit talks between the EU and Britain, at EU headquarters in Brussels, Friday, May 15, 2020. Talks between the European Union and the United Kingdom on their future relationship in the wake of Brexit have ground to a near-standstill despite the urgency for progress before a summit next month.(Francois Lenoir, Pool Photo via AP)

UK-EU deadlocked in Brexit talks as clock ticks down

May. 15, 2020 9:10 AM EDT

BRUSSELS (AP) — Talks between the European Union and the United Kingdom on their post-Brexit relationship ground to a near-standstill Friday, with each side accusing the other of blocking progress on a trade deal just weeks before a crucial summit. The EU's chief negotiator, Michel Barnier, told a news...

FILE - In this Thursday, Jan. 24, 2019 file photo, Roberto Azevedo, Director General of the World Trade Organization, WTO, attends a session at annual meeting of the World Economic Forum in Davos, Switzerland. It was announced on Thursday, May 14, 2020 that the head of the World Trade Organization says he will leave his post a year before his term expires, an unprecedented mid-term resignation at the WTO that he called a “personal decision.” (AP Photo/Markus Schreiber, File)

Head of World Trade Organization to step down early

May. 14, 2020 2:15 PM EDT

GENEVA (AP) — The head of the World Trade Organization said Thursday that he will leave his post a year early, a “personal decision” that sets the stage for a succession contest at the trade body amid lingering U.S.-China tensions and a coronavirus pandemic that has doused the global economy....