Latest Trade policy News

Mexico threatens legal action on US electric vehicle subsidy

Dec. 02, 2021 15:21 PM EST

MEXICO CITY (AP) — The Mexican government threatened legal action Thursday over provisions of U.S. President Joe Biden’s Build Back Better Act that would give subsidies of up to $12,500 for purchases of union-made, American-made electric vehicles. Tatiana Clouthier,...

Ireland: UK-EU deal on Brexit trade spat unlikely this year

Dec. 02, 2021 10:33 AM EST

LONDON (AP) — The British and Irish governments expressed optimism Thursday that a thorny spat between the U.K. and the European Union over Northern Ireland trade can be resolved, but Ireland's top diplomat indicated that negotiations were likely to drag on into next year. ...

Biden praises Canada, Mexico as leaders discuss strains

Nov. 18, 2021 22:42 PM EST

WASHINGTON (AP) — Reviving three-way North American summitry after a five-year break, President Joe Biden on Thursday joined with the leaders of Canada and Mexico to declare their nations can work together and prove “democracies can deliver” even as they sort out differences on key...

Japan, US set framework for talks on trade, broader ties

Nov. 17, 2021 04:21 AM EST

TOKYO (AP) — U.S. Trade Representative Katharine Tai and Japan’s trade and industry minister agreed Wednesday to work to resolve a dispute over American tariffs on steel and aluminum as part of a framework for cooperation in wider areas. A partnership announced...

UN condemns arms supply to Somalia's al-Shabab, keeps UN ban

Nov. 15, 2021 19:21 PM EST

UNITED NATIONS (AP) — The U.N. Security Council condemned the supply of weapons and ammunition to al-Shabab extremists and others in Somalia in violation of a U.N. arms embargo and voted Monday to extend the ban for a year, saying the al-Qaida affiliate's terrorist activities continue to...

EU imposes sanctions on 4 new Syria government ministers

Nov. 15, 2021 09:08 AM EST

BRUSSELS (AP) — The European Union on Monday imposed sanctions on four ministers recently appointed to the Syrian government, blaming them for playing a role in the continued repression on civilians in the war-torn country. Asset freezes and travel bans in Europe were...

Japan-US launch talks to resolve dispute over tariffs

Nov. 15, 2021 05:01 AM EST

TOKYO (AP) — U.S. and Japanese officials agreed Monday to launch talks aimed at settling a dispute over American tariffs on imports of Japanese steel and aluminum. The agreement came in a meeting between visiting U.S. Commerce Secretary Gina Raimondo and Japan’s...

EXPLAINER: What's behind the crisis at Belarus-Poland border

Nov. 11, 2021 06:48 AM EST

Thousands of migrants and refugees have flocked to Belarus' border with Poland, hoping to get to Western Europe, Many of them are now stranded at the frontier, setting up makeshift camps as Polish security forces watch them from behind a razor-wire fence and try to prevent them from entering...

APEC finds agreement on vaccines, carbon but tensions remain

Nov. 09, 2021 22:20 PM EST

WELLINGTON, New Zealand (AP) — Making coronavirus vaccines more accessible and reducing carbon emissions were two key pledges that Pacific Rim senior officials could agree to Wednesday. But what went unstated were the deep tensions that run through the unlikely group of...

Spirit producers celebrate as EU drops bourbon tariff

Nov. 06, 2021 11:52 AM EDT

LOUISVILLE, Ky. (AP) — Kentucky Gov. Andy Beshear, a Bluegrass State bourbon industry leader and a Louisville-based spirits producer are applauding an agreement between the United States and the European Union to lift tariffs on bourbon and whiskey. The United States...