Latest Regional trade News

Pelosi says agreement on revamped NAFTA ‘imminent’

Nov. 14, 2019 8:52 PM EST

WASHINGTON (AP) — House Speaker Nancy Pelosi says she wants to see Congress pass President Donald Trump’s revamped North American free trade deal this year. In a news conference Thursday, the California Democrat said an agreement on the pact is “imminent.” The United States, Mexico and...

Pact reached to avert government shutdown through Dec. 20

Nov. 12, 2019 6:52 PM EST

WASHINGTON (AP) — A top House lawmaker announced Tuesday that Congress will pass a governmentwide temporary spending bill to keep the government running through Dec. 20, forestalling a government shutdown as the House turns its focus to impeachment hearings. Appropriations Committee Chairwoman Nita Lowey,...

Recent developments surrounding the South China Sea

Nov. 10, 2019 11:20 PM EST

BEIJING (AP) — A look at recent developments in the South China Sea, where China is pitted against smaller neighbors in multiple territorial disputes over islands, coral reefs and lagoons. The waters are a major shipping route for global commerce and are rich in fish and possible oil and gas reserves. US...

Cambodian rival stopped from going home to challenge Hun Sen

Nov. 7, 2019 7:52 PM EST

PARIS (AP) — Cambodia's most prominent opposition leader, Sam Rainsy, was stopped from boarding a flight in Paris on Thursday in his attempt to return home to challenge his country's longtime autocratic leader, but he assured his followers he will go ahead with his plan. He and fellow leaders of the banned...

Thailand set to hinder Cambodian opposition's return plans

Nov. 6, 2019 10:10 AM EST

BANGKOK (AP) — Plans by self-exiled leaders of Cambodia's banned opposition party to return to their homeland hit a major roadblock Wednesday when Thailand's prime minister said their top leader would not be allowed in to make his way through the country to the Cambodian border. Leaders of the Cambodia...

US woos Asia with plan to rival China's 'Belt and Road'

Nov. 5, 2019 6:31 AM EST

BANGKOK (AP) — Commerce Secretary Wilbur Ross said Tuesday the U.S. will invest and trade more in Asia as it rolls out an American plan to support "sustainable" projects in Asia as a counterpoint to China's multibillion-dollar "Belt and Road" infrastructure initiative. Ross is leading a high-powered trade...

US, China spar at Southeast Asian regional summit

Nov. 4, 2019 11:10 AM EST

NONTHABURI, Thailand (AP) — The rivalry between the United States and China over influence in the Asia-Pacific region was on show Monday as the two superpowers traded barbs over freedom of navigation in the region's seas. The war of words took place at the annual summit of leaders of the Association of...

China-led Asian trade bloc pushes ahead as India drops out

Nov. 4, 2019 11:06 AM EST

NONTHABURI, Thailand (AP) — A 16-nation trade initiative backed by China is pushing ahead as India, facing fierce domestic opposition to its market-opening requirements, has dropped out. Leaders of countries involved in the Regional Comprehensive Economic Partnership said Monday that they had resolved...

US sells business engagement with Asia as trade war drags on

Nov. 4, 2019 6:34 AM EST

NONTHABURI, Thailand (AP) — The U.S. is deeply committed to doing business with Southeast Asia, Commerce Secretary Wilbur Ross said Monday at a conference on the sidelines of a regional summit that President Donald Trump chose not to attend. Ross and other American officials showcased American involvement...

Moon, Abe meet briefly, agree to more talks to settle row

Nov. 4, 2019 6:13 AM EST

SEOUL, South Korea (AP) — South Korean President Moon Jae-in and Japanese Prime Minister Shinzo Abe met one-on-one Monday for the first time in more than a year and called for more dialogue between the countries to settle a deep dispute over trade and history. Seoul's presidential Blue House said Moon...