Global trade

Green traffic lights shine above the city of Frankfurt, Germany, Tuesday, Feb. 5, 2019. (AP Photo/Michael Probst)
February 07, 2019 - 7:23 am
FRANKFURT, Germany (AP) — European Union officials have slashed their growth forecast for the 19 countries that use the euro, saying even the lower estimate was vulnerable to "large uncertainty" from slowing growth in China and weakening global trade. The EU's executive Commission cut the forecast...
Read More
The logo of Daimler is photographed on a car in Frankfurt, Germany, Wednesday, Feb. 6, 2019. Daimler has its annual press conference on Wednesday. (AP Photo/Michael Probst)
February 06, 2019 - 1:42 am
FRANKFURT, Germany (AP) — Automaker Daimler said Wednesday that its fourth-quarter net profit fell 49 percent to 1.64 billion euros ($1.87 billion) as the Mercedes-Benz luxury car business was buffeted by diesel woes and global trade conflict. Revenue rose 7 percent to 46.6 billion euros and the...
Read More
Antonio Guterres, Secretary-General of United Nations addresses the annual meeting of the World Economic Forum in Davos, Switzerland, Thursday, Jan. 24, 2019. (AP Photo/Markus Schreiber)
January 24, 2019 - 10:55 am
DAVOS, Switzerland (AP) — The Latest on the World Economic Forum in Davos, Switzerland (all times local): 7:55 p.m. The head of the World Trade Organization has applauded signs of progress between the United States and China in their trade standoff. WTO Director-General Roberto Azevedo pointed to...
Read More
German Chancellor Angela Merkel exits the stag after addressing the annual meeting of the World Economic Forum in Davos, Switzerland, Wednesday, Jan. 23, 2019. (AP Photo/Markus Schreiber)
January 23, 2019 - 3:51 pm
DAVOS, Switzerland (AP) — World leaders in favor of international cooperation and free trade struck back Wednesday against the wave of populist nationalism that has featured more prominently than usual at the gathering of elites in Davos, Switzerland. As a dizzying array of heads of state - from...
Read More
Singer and co-founder of RED Bono, 2nd right, gestures to Afsaneh Mashayekhi Beschloss, founder of RockCreek, Christine Lagarde, Managing Director of IMF and Rwanda President Paul Kagame, from left, as he arrives for the "Closing the Financing Gap" session at the annual meeting of the World Economic Forum in Davos, Switzerland, Wednesday, Jan. 23, 2019. (AP Photo/Markus Schreiber)
January 23, 2019 - 2:40 pm
DAVOS, Switzerland (AP) — The Latest on the World Economic Forum in Davos, Switzerland (all times local): 11:35 p.m. France's economy minister says he expects the future chief of Renault to consolidate the French automaker's alliance with Japanese partner Nissan. Bruno Le Maire was alluding to the...
Read More
German Finance Minister Olaf Scholz, left, and Chinese Vice Premier Liu He arrive for the China-Germany High Level Financial Dialogue at the Diaoyutai State Guesthouse in Beijing, Friday, Jan. 18, 2019. (AP Photo/Andy Wong, Pool)
January 18, 2019 - 2:29 am
BEIJING (AP) — China and Germany promised Friday to open their markets wider to each other's banks and insurers, giving Beijing a burst of positive trade news amid conflicts with Washington and Europe. The two sides also affirmed support for a global trading system that other governments worry is...
Read More
In this Jan. 1, 2019, photo, a worker pulls a roll of fabric at a dyeing factory in Hangzhou in east China's Zhejiang province. China's trade growth slowed in 2018 as a tariff battle with Washington heated up and global consumer demand weakened. Exports rose 7.1 percent, customs data showed Monday, Jan. 14, 2019, down from the 7.9 percent reported earlier for 2017. Import growth declined to 12.9 percent from the previous year's 15.9 percent. (Chinatopix via AP)
January 13, 2019 - 7:52 pm
BEIJING (AP) — The Latest on China-U.S. trade and the tariffs battle between the two biggest economies (all times local): 11:55 a.m. China's politically sensitive trade surplus with the United States surged to a record $323.3 billion in 2018 as a tariff battle with Washington intensified. Customs...
Read More
January 11, 2019 - 9:59 am
GENEVA (AP) — The U.S. ambassador to the World Trade Organization has welcomed two rulings that backed the United States in a long-running dispute with Mexico over U.S. "dolphin safe" tuna labeling. The Trump administration has repeatedly criticized the WTO appellate body that delivered the rulings...
Read More
FILE- In this June 26, 2018, file photo Chinese workers take a break outside a construction site wall depicting the skyscrapers in the Chinese capital at the Central Business District in Beijing. The World Bank is downgrading its outlook for the global economy this year, citing rising trade tension, weakening manufacturing activity and growing financial stress in emerging-market countries. (AP Photo/Andy Wong, File)
January 08, 2019 - 1:38 pm
WASHINGTON (AP) — The World Bank is downgrading its outlook for the global economy this year, citing rising trade tension, weakening manufacturing activity and growing financial stress in emerging-market countries. In a report titled "Darkening Skies," the anti-poverty agency said Tuesday that it...
Read More
U.S. Undersecretary of Commerce for International Trade Gilbert B. Kaplan arrives as part of a trade delegation at a hotel in Beijing, China, Sunday, Jan. 6, 2019. The U.S. delegation led by deputy U.S. trade representative, Jeffrey D. Gerrish arrived in the Chinese capital ahead of trade talks with China,(AP Photo/Ng Han Guan)
January 06, 2019 - 4:32 pm
BEIJING (AP) — China has sounded a positive note ahead of trade talks this week with Washington, but the two sides face potentially lengthy wrangling over technology and the future of their economic relationship. Both sides have expressed an interest in settling their tariff fight over Beijing's...
Read More

Pages