Global trade

July 29, 2019 - 3:08 am
BEIJING (AP) — China has accused Washington of "arrogance and selfishness" after President Donald Trump added to trade strains with Beijing by pressing for the World Trade Organization to stop allowing some countries to more lenient treatment as developing economies. A foreign ministry spokeswoman...
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President Donald Trump pauses as he speaks in the Oval Office of the White House in Washington, Friday, July 26, 2019. Trump announced that Guatemala is signing an agreement to restrict asylum applications to the U.S. from Central America. (AP Photo/Carolyn Kaster)
July 26, 2019 - 8:12 pm
WASHINGTON (AP) — President Donald Trump pressed the World Trade Organization on Friday to stop letting China and other economies receive lenient treatment under global trade rules by calling themselves "developing" countries. In a memo, Trump directed U.S. Trade Representative Robert Lighthizer to...
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July 17, 2019 - 7:51 pm
TOKYO (AP) — Japan says exports declined in June as shipments of goods were hit by global trade wars. The data released by the Finance Ministry Thursday show Japan's exports declined 6.8% compared to the same month last year, while imports fell 5.2%. The ministry also reported that the trade...
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FILE - This June 18, 2019, file photo shows a container ship on the Delaware River in Philadelphia. The Trump administration blasted a World Trade Organization decision Tuesday, July 16, that could let China levy sanctions on the United States. (AP Photo/Matt Rourke, File)
July 16, 2019 - 1:34 pm
WASHINGTON (AP) — The Trump administration blasted a World Trade Organization decision Tuesday that could let China levy sanctions on the United States. The 2-1 decision by the WTO's appellate body was actually a mixed verdict in a case that dates back to 2007 and is unrelated to the tariffs the...
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FILE - In this Nov. 29, 2018, file photo, victims of Japan's forced labor and their family members arrive at the Supreme Court in Seoul, South Korea. Colonial-era Korean laborers on Tuesday, July 16, 2019, are seeking a court's approval for the sales of local assets of their former Japanese employer after it refused to comply with a court order to compensate them for forced labor decades ago. The sign reads "Mitsubishi Heavy Industries should compensate and apologize to victims of forced labor." (AP Photo/Ahn Young-joon, File)
July 16, 2019 - 4:41 am
SEOUL, South Korea (AP) — Colonial-era Korean workers want a court to allow the South Korean government to sell assets of their former Japanese employer so they can be compensated for forced labor decades ago. The development comes as South Korea and Japan spar over historical issues and a decision...
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South Korean small and medium-sized business owners stage a rally calling for a boycott of Japanese products in front of the Japanese embassy in Seoul, South Korea, Monday, July 15, 2019. South Korea and Japan last Friday, July 12, failed to immediately resolve their dispute over Japanese export restrictions that could hurt South Korean technology companies, as Seoul called for an investigation by the United Nations or another international body. The signs read: "We don't sell Japanese products." (AP Photo/Ahn Young-joon)
July 15, 2019 - 2:48 am
SEOUL, South Korea (AP) — In his strongest comments yet on a growing trade dispute, South Korea's president urged Japan on Monday to lift recently tightened controls on high-tech exports to South Korea, which he said threaten to shatter the countries' economic cooperation and could damage Japan...
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South Korean President Moon Jae-in speaks during a meeting with business leaders at the presidential Blue House in Seoul, South Korea, Wednesday, July 10, 2019. Moon criticized comments by Japanese officials who questioned the credibility of Seoul’s sanctions against North Korea while justifying Tokyo’s move to strengthen controls on high-tech exports to South Korea, which triggered a full-blown diplomatic dispute between the neighboring U.S. allies. (Bae Jae-man/Yonhap via AP)
July 10, 2019 - 7:31 am
SEOUL, South Korea (AP) — South Korean President Moon Jae-in on Wednesday criticized comments by Japanese officials who questioned the credibility of Seoul's sanctions against North Korea while defending Tokyo's stricter controls on high-tech exports to South Korea. The issue has become a full-...
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European Commissioner for Economic and Financial Affairs Pierre Moscovici, left, speaks with European Commissioner for Migration and Home Affairs Dimitris Avramopoulos during the weekly college meeting at EU headquarters in Brussels, Wednesday, July 3, 2019. (AP Photo/Virginia Mayo)
July 10, 2019 - 2:49 am
BRUSSELS (AP) — The European Union said Wednesday it has trimmed its forecasts for economic growth next year as global trade tensions weigh on the bloc's export-focused manufacturers. The EU executive commission reduced its forecast for next year for both the 19-country eurozone and the 27...
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Notices campaigning for a boycott of Japanese-made products are displayed at a store in Seoul, South Korea, Tuesday, July 9, 2019. Japan said Tuesday it does not plan to retract or renegotiate its stricter controls on high-tech exports to South Korea, a day after the South Korean president urged that the issue be resolved through diplomacy. The signs read: "We don't sell Japanese products." (AP Photo/Ahn Young-joon)
July 09, 2019 - 3:14 am
TOKYO (AP) — Japan said Tuesday it does not plan to retract or renegotiate its stricter controls on high-tech exports to South Korea, a day after the South Korean president urged that the issue be resolved through diplomacy. Tokyo tightened the approval process for Japanese shipments of...
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July 02, 2019 - 4:03 am
WASHINGTON (AP) — The U.S. is considering tariffs on an additional $4 billion of goods from the European Union over what it considers to be illegal aircraft subsidies. Whether it does so depends on the results of a World Trade Organization assessment of EU subsidies on large civil aircraft,...
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