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International trade

In this Tuesday, Nov. 5, 2019, photo, a woman walks by an electronic stock board of a securities firm in Tokyo. Asian stock markets were mixed Wednesday, Nov. 6, 2019, after investors were rattled by a possible snag in a U.S.-Chinese trade truce following reports Beijing wants Washington to life punitive tariffs. (AP Photo/Koji Sasahara)
November 06, 2019 - 3:17 am

Global stocks higher after possible US-China trade snag

BEIJING (AP) — Global stock markets were mostly higher Wednesday after investors were rattled by a possible snag in a U.S.-Chinese trade truce following reports Beijing wants Washington to lift punitive tariffs. Germany and Paris opened higher and London was unchanged. Tokyo rose while Shanghai...
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Chinese President Xi Jinping, left, and French President Emmanuel Macron walk together during a welcome ceremony at the Great Hall of the People in Beijing, Wednesday, Nov. 6, 2019. (AP Photo/Mark Schiefelbein)
November 06, 2019 - 2:20 am

China and France reiterate support for Paris climate deal

BEIJING (AP) — Chinese leader Xi Jinping on Wednesday hailed a visit by French President Emmanuel Macron as giving a boost to multilateralism and free trade, amid ongoing economic tensions with Washington. The two countries also pledged continued support for the Paris Agreement as the U.S. begins...
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FILE - In this Oct. 30, 2019, file photo trader Phyllis Arena Woods works on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EST on Tuesday, Nov 5. (AP Photo/Richard Drew, File)
November 05, 2019 - 4:31 pm

Stocks rally to highs on low rates, hopes for trade peace

NEW YORK (AP) — It's the market that continues mostly upward, even though there's still plenty to worry about. The Dow Jones Industrial Average and the Nasdaq closed at record highs yet again on Tuesday, and the S&P 500 closed barely below the all-time high it reached a day earlier. The gains...
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This Monday, Nov. 4, 2019, photo shows cargo cranes at the Port of Tacoma in Tacoma, Wash. On Tuesday, Nov. 5, the Commerce Department reports on the U.S. trade gap for September. (AP Photo/Ted S. Warren)
November 05, 2019 - 9:41 am

US trade deficit falls to $52.5 billion in September

WASHINGTON (AP) — The U.S. trade deficit fell in September to the lowest level in five months as imports dropped more sharply than exports and America ran a rare surplus in petroleum. The Commerce Department said Tuesday that the September gap between what America buys from abroad and what it sells...
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European Union chief Brexit negotiator Michel Barnier rides an escalator on his way to a meeting about Brexit outside the EU headquarters in Brussels, Friday, Oct. 25, 2019. European Union ambassadors are meeting in Brussels Friday to discuss what kind of extension to the Brexit deadline they could propose to Britain. (AP Photo/Francisco Seco)
November 05, 2019 - 9:37 am

EU's Barnier warns of tough times ahead on UK trade deal

LISBON, Portugal (AP) — European Union Brexit negotiator Michel Barnier on Tuesday drew the battle lines for the upcoming free trade talks with the U.K. once it has left the bloc and warned Britain not to undercut EU standards. Barnier said the trade talks after Britain leaves as expected on Jan...
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U.S. Commerce Secretary Wilbur Ross sits on chair after delivering a speech at Indo-Pacific Business Forum in Nonthaburi, Thailand, Monday, Nov. 4, 2019. (AP Photo/Sakchai Lalit)
November 05, 2019 - 5:31 am

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

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-...
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Chinese President Xi Jinping is seen on a live broadcast speaking at the media center during the opening of the China International Import Expo in Shanghai, Tuesday, Nov. 5, 2019. Xi promised Tuesday to open China wider to imports and foreign investment at the start of a high-profile trade fair meant to rebrand the country as a global customer and warned against trade protectionism. (AP Photo/Dake Kang)
November 05, 2019 - 3:19 am

At trade show, Xi pledges steps to open Chinese markets

SHANGHAI (AP) — President Xi Jinping promised more gradual market-opening steps at the start of an import fair Tuesday but no initiatives on technology policy and other irritants that sparked a tariff war with Washington. The second China International Import Expo showcases the country's vast...
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Chinese Vice Foreign Minister Le Yucheng speaks to reporters during ASEAN summit in Nonthaburi, Thailand, Monday, Nov. 4, 2019. (AP Photo/Johnson Lai )
November 04, 2019 - 10:10 am

US, China spar at Southeast Asian regional summit

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...
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Indian Prime Minister Narendra Modi, left, and Chinese Premier Li Keqiang pose for a group photo at The Regional Comprehensive Economic Partnership Association of Southeast Asian Nations (ASEAN) summit in Nonthaburi, Thailand, Monday, Nov. 4, 2019. (AP Photo/Wason Wanichakorn)
November 04, 2019 - 10:06 am

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

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...
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FILE - In this Oct.3 2019 file photo, wine bottle are seen in a wine shop in Paris. Speaking at China International Import Expo, French President Emmanuel Macron announced an agreement between the European Union and China about the mutual protection of food and alcohol products, to be formally signed on Wednesday. Amid 26 protected French products are the Champagne, wines including those from Bordeaux and Burgundy regions, Cognac liquor and some cheeses like Roquefort. (AP Photo/Kamil Zihnioglu, File)
November 04, 2019 - 9:52 am

Macron's China visit underscores economic tensions

BEIJING (AP) — With major economies locked in disputes over trade, France's president started a visit to China by announcing that the EU had struck a deal with the country to better protect agricultural products like wine and cheese from counterfeiting. Emmanuel Macron's visit is timed to ease some...
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