Latest Trade policy News

Trump heads to UN with long list of deals he's yet to close

Sep. 21, 2019 12:14 PM EDT

WASHINGTON (AP) — President Donald Trump, a self-described deal-maker, is saddled with a long list of unresolved foreign policy deals he has yet to close heading into his U.N. visit this coming week. There are challenges with Iran, North Korea, the Afghan Taliban, Israel and the Palestinians — not...

Trump says he doesn't need China trade deal before election

Sep. 20, 2019 6:49 PM EDT

WASHINGTON (AP) — As China and the U.S. near a new round of trade talks, President Donald Trump said Friday he doesn't feel he needs to secure an agreement before next year's election. Trump told reporters he wants a complete deal with China and won't accept one that only addresses some of the differences...

Fresh US-China trade worries erase early gains for stocks

Sep. 20, 2019 6:06 PM EDT

Wall Street closed out a volatile week with losses Friday as investors worried that upcoming trade talks aimed at resolving the costly trade war between Washington and Beijing could be in trouble. The selling, which erased modest early gains for the market, snapped a three-week win streak for the S&P 500. The...

Huawei debuts phone without Google apps as US sanctions bite

Sep. 19, 2019 12:36 PM EDT

MUNICH (AP) — Huawei launched a new flagship smartphone on Thursday but it comes without popular Google apps such as Chrome or YouTube after U.S. sanctions kicked in, limiting its appeal to consumers. The Chinese tech giant's Mate 30 phone series, including one for new 5G networks, runs on an open source...

France floats tariffs on US goods amid Airbus-Boeing dispute

Sep. 19, 2019 9:14 AM EDT

PARIS (AP) — France's finance minister says Europe is ready to impose retaliatory tariffs next year on U.S. goods as part of a long-running dispute over subsidies to plane makers Airbus and Boeing. Finance Minister Bruno Le Maire told reporters Thursday that "trade wars are good for no one," noting damage...

A divided Fed reduces rates but may not cut again this year

Sep. 18, 2019 6:24 PM EDT

WASHINGTON (AP) — A sharply divided Federal Reserve cut its benchmark interest rate Wednesday for a second time this year but declined to signal that further rate cuts are likely this year. The Fed's move reduced its key short-term rate — which influences many consumer and business loans — by...

Pelosi welcomes Hong Kong pro-democracy activists to Capitol

Sep. 18, 2019 2:35 PM EDT

WASHINGTON (AP) — House Speaker Nancy Pelosi on Wednesday welcomed Hong Kong pro-democracy activists to the U.S. Capitol, sending a message to Beijing that Congress supports the protesters in their months-long campaign for human rights. Pelosi thanked the activists for "challenging the conscience," not...

The Latest: Merkel open to free trade agreement post-Brexit

Sep. 18, 2019 10:07 AM EDT

STRASBOURG, France (AP) — The Latest on Brexit (all times local): 3:45 p.m. German Chancellor Angela Merkel says she still sees a possibility for Britain to make "an orderly exit" from the European Union but Germany also is prepared for a disorderly Brexit. Merkel said a day after a telephone call with...

UK envoy tips trade deal with Australia months after Brexit

Sep. 18, 2019 3:42 AM EDT

CANBERRA, Australia (AP) — Britain's top trade envoy said Wednesday that she expects to strike a free trade deal with Australia within months of leaving the European Union. British International Trade Secretary Liz Truss met with Australian Trade Minister Simon Birmingham to lay the foundations for a...

Sanders-Biden feud ramps up in front of key union audience

Sep. 17, 2019 11:47 PM EDT

PHILADELPHIA (AP) — The high-stakes fight for working-class voters moved to Pennsylvania on Tuesday as a slate of Democratic White House hopefuls vowed to use the power of the presidency to crack down on corporate America and strengthen organized labor. But beneath all the agreement at the AFL-CIO...