Global trade

FILE - In this May 9, 2019, file photo trader Craig Spector works on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Friday, May 17. (AP Photo/Richard Drew)
May 17, 2019 - 10:51 am
A midmorning rebound on Wall Street faded by Friday afternoon, sending major stock indexes mostly lower and placing the market on track for its second straight weekly loss. Technology, industrial and energy stocks accounted for much of the slide, outweighing gains in health care, utilities and...
Read More
Treasury Secretary Steve Mnuchin testifies about the budget during a Financial Services and General Government subcommittee hearing, Wednesday May 15, 2019, on Capitol Hill in Washington. (AP Photo/Jacquelyn Martin)
May 15, 2019 - 10:49 am
NEW YORK (AP) — Treasury Secretary Steven Mnuchin says the U.S. is making progress in talks with Canada and Mexico over steel tariffs, potentially overcoming a key hurdle toward approval of a trade agreement between the three countries. Appearing before a Senate Appropriations subcommittee...
Read More
In this Feb. 24, 2017, photo, a factory worker assembles the case of an air conditioner on an assembly line at a Haier factory in Jiaozhou near Qingdao in eastern China's Shandong Province. U.S. President Donald Trump's latest tariff hike on Chinese goods took effect Friday, May 10, 2019, and Beijing said it would retaliate, escalating a battle over China's technology ambitions and other trade tensions. (AP Photo/Mark Schiefelbein)
May 10, 2019 - 11:06 pm
WASHINGTON (AP) — The U.S. and China have gone through rough patches before. The American public recoiled — and the U.S. government imposed sanctions — after the People's Liberation Army slaughtered hundreds of civilians in the streets of Beijing in June 1989, crushing the Tiananmen Square protests...
Read More
U.S. Treasury Secretary Steven Mnuchin gestures as he speaks to the media upon his arrival at a hotel in Beijing, Tuesday, April 30, 2019. Mnuchin arrived in China's capital to hold a new high-level trade talks with China on May 1. (AP Photo/Andy Wong)
April 30, 2019 - 2:49 am
BEIJING (AP) — U.S. Treasury Secretary Steven Mnuchin said Tuesday he hopes for "substantial progress" in talks with Chinese officials aimed at ending a tariff war over Beijing's technology ambitions. Mnuchin and Trade Representative Robert Lighthizer were to have a working dinner and then meet...
Read More
European Trade Commissioner Cecilia Malmstrom talks to journalists during a news conference at the European Commission headquarters in Brussels, Monday, April 15, 2019. (AP Photo/Francisco Seco)
April 17, 2019 - 6:57 am
BRUSSELS (AP) — The European Union has drawn up a list of $20 billion worth of U.S. products it could tax in an escalating feud over plane industry subsidies, the EU's executive commission said Wednesday. The commission said the EU could tax the products , which range from aircraft parts to frozen...
Read More
Yoon Chang-yul, second from right, a senior official at the Prime Minister's Office, announces the government's stance on the World Trade Organization's ruling in favor of South Korea 's import ban on Japanese seafood at the government complex in Sejong, South Korea, Friday, April 12, 2019. South Korea on Friday welcomed the decision and said it will continue to block all fishery products from Fukushima and seven neighboring prefectures to ensure "only foods that are confirmed as safe are put on the table. (Jin Sung-chul/Yonhap via AP)
April 12, 2019 - 12:27 am
SEOUL, South Korea (AP) — The World Trade Organization has upheld South Korea's import ban on Japanese seafood from areas affected by the 2011 nuclear disaster in Fukushima, overturning a ruling by a lower panel last year that said Seoul was unfairly discriminating against Japanese products. The...
Read More
FILE - In this Monday, Oct. 15, 2018 file photo, a container ship is loaded at the harbor in Hamburg, Germany. The United States is considering putting tariffs on $11 billion in EU goods per year to offset what it says are unfair European subsidies for planemaker Airbus. While the size of the potential tariffs is relatively small compared with the hundreds of billions of goods the U.S. and China are taxing in their trade war, it suggests a breakdown in talks with the EU over trade. (AP Photo/Martin Meissner, file)
April 09, 2019 - 6:11 am
LONDON (AP) — The United States wants to put tariffs on $11.2 billion worth of EU goods — from airplanes to Gouda cheese and olives — to offset what it says are unfair European subsidies for plane maker Airbus. While the size of the tariffs is small compared with the hundreds of billions the U.S...
Read More
President Donald Trump speaks with reporters before boarding Marine One on the South Lawn of the White House, Friday, April 5, 2019, in Washington. (AP Photo/Evan Vucci)
April 09, 2019 - 6:08 am
WASHINGTON (AP) — President Donald Trump said Tuesday he'll put tariffs on $11 billion worth European Union cheese, wine and other goods to retaliate for what Washington says are improper subsidies to Airbus. The office of the U.S. trade representative late Monday released a preliminary list of EU...
Read More
FILE- In this Tuesday, March 5, 2019, file photo the Cape Kortia container ship, left, heads into the Port of Tacoma in Commencement Bay in Tacoma, Wash. On Thursday, March 28, the Commerce Department issues the final estimate of how the U.S. economy performed in the October-December quarter. (AP Photo/Ted S. Warren, File)
April 02, 2019 - 5:26 am
GENEVA (AP) — The World Trade Organization has cut its forecast for trade growth this year by more than a percentage point, to 2.6%, due to an economic slowdown and amid a trade conflict between the United States and China. The downgrade — from 3.7% forecast issued in September — reflects how...
Read More
A woman walks past an electronic board showing Hong Kong share index outside a local bank in Hong Kong, Monday, April 1, 2019. Shares have surged in Asia following a bullish Friday on Wall Street, where the benchmark S & P 500 logged its biggest quarterly gain in nearly a decade. (AP Photo/Vincent Yu)
April 01, 2019 - 4:21 am
BANGKOK (AP) — Stocks around the world rose Monday on encouraging manufacturing data out of China that suggested government stimulus there may be gaining traction. European shares were up in midday trading despite bad economic reports there, with Germany's DAX gaining 1 percent to 11,645. The CAC40...
Read More

Pages