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Trade agreements

March 31, 2020 - 4:10 am

Europe's trade system with Iran finally makes first deal

BERLIN (AP) — European countries trying to keep Iran's nuclear deal with world powers alive said Tuesday that a system they set up to enable trade with Tehran has finally concluded its first transaction, facilitating the export of medical goods. Britain, France and Germany conceived the complex...
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Vueling Airlines planes sit parked in a line at the Seville, Spain airport on Saturday, March 21, 2020, idled due to the COVID-19 coronavirus outbreak. (AP Photo/Miguel Morenatti)
March 23, 2020 - 1:34 pm

Monday: Big layoffs, bigger hirings, massive markets swings

The rapid spread of the coronavirus since it was first reported in China has dealt an unprecedented shock to the global economy. Following are business developments Monday related to the outbreak as governments attempt to stabilize their economies, companies struggle to cope and millions of people...
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FILE - In this Thursday, March 5, 2020 file photo, European Commission's Head of Task Force for Relations with the United Kingdom Michel Barnier speaks during a media conference at EU headquarters in Brussels. Michel Barnier, the European Union's chief negotiator for the future relationship with Britain after Brexit, said Thursday March 19, 2020 he has been infected with the coronavirus. Barnier tweeted that he is doing well and is in good spirits. (AP Photo/Virginia Mayo, File)
March 19, 2020 - 10:12 am

EU Brexit negotiator Michel Barnier has coronavirus

BRUSSELS (AP) — Michel Barnier, the European Union's chief negotiator for the bloc's future relationship with Britain after Brexit, has been infected with the new coronavirus. The 69-year-old Barnier said in a Twitter video message Thursday that he is doing well and is in good spirits, while the EU...
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Minister of Health Patty Hajdu looks on as Prime Minister Justin Trudeau speaks during a news conference in Ottawa, Wednesday March 11, 2020. Canada is announcing $1 billion ($730 million) in funding to help health-care workers cope with the increasing number of new cases of coronavirus and to help Canadian workers who are forced to isolate themselves. (Adrian Wyld/The Canadian Press via AP)
March 13, 2020 - 11:28 am

Canada shuts Parliament, Trudeau in quarantine, no travel

TORONTO (AP) — Canada shut down Parliament and advised against all nonessential travel outside the country while Prime Minister Justin Trudeau governed remotely from his home, in self-imposed quarantine after his wife tested positive for the new coronavirus. Dr. Theresa Tam, the chief public health...
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Democratic presidential candidate U.S. Sen. Bernie Sanders, I-Vt., speaks during a campaign rally at the University of Michigan in Ann Arbor, Mich., Sunday, March 8, 2020. (AP Photo/Paul Sancya)
March 09, 2020 - 9:48 pm

Stakes rise for Sanders heading into Michigan primary

DETROIT (AP) — Bernie Sanders proved his 2016 presidential bid was serious with an upset victory in Michigan powered by his opposition to free trade and appeal among working-class voters. Four years later, the same state could either revive the Vermont senator's campaign or relegate him to the role...
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Democratic presidential candidate Sen. Bernie Sanders, I-Vt., waves to supporters after speaking at a campaign rally in Chicago's Grant Park Saturday, March 7, 2020. (AP Photo/Charles Rex Arbogast)
March 07, 2020 - 8:29 pm

Sanders, Biden up attacks as head-to-head race takes shape

DEARBORN, Mich. (AP) — The Democratic presidential primary is down to two major candidates, and it shows. Former Vice President Joe Biden and Vermont Sen. Bernie Sanders are spending their first weekend as their party's last top White House contenders increasingly taking aim at one another. Each...
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FILE - In this Jan. 7, 2020 file photo, Brazil's President Jair Bolsonaro speaks to journalists after meeting with military commanders at the Defense Ministry in Brasilia, Brazil. President Donald Trump and Bolsonaro are expected to discuss the crisis in Venezuela, a possible free-trade agreement between their countries and Chinese telecom company Huawei over a working dinner Saturday, March 7 at Trump's resort in Florida. (AP Photo/Eraldo Peres, File)
March 07, 2020 - 7:52 pm

Venezuela on agenda for Trump's meeting with Brazil's leader

PALM BEACH, Fla. (AP) — President Donald Trump would not commit Saturday to continue holding off on hitting Brazil with tariffs on imports of its aluminum and steel, saying “I don't make any promises.” Trump commented in the presence of Brazilian President Jair Bolsonaro, who Trump was hosting for...
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Specialist Anthony Rinaldi prepares for the day's trading, on the floor of the New York Stock Exchange, Thursday, March 5, 2020. (AP Photo/Richard Drew)
March 06, 2020 - 7:32 am

US trade deficit narrows to $45.3 billion in January

WASHINGTON (AP) — The U.S. trade deficit narrowed in January as exports fell but imports fell more. The politically sensitive trade gap with China widened. The Commerce Department said Friday that the divide between what the U.S. sells and what it buys abroad dropped 6.7% in January to $45.3...
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European Commission's Head of Task Force for Relations with the United Kingdom Michel Barnier speaks during a media conference at EU headquarters in Brussels, Thursday, March 5, 2020. The Brexit negotiators have said there are many divergences between the 27-country bloc and the UK after the first round of negotiations aimed at defining their future relationship. (AP Photo/Virginia Mayo)
March 05, 2020 - 10:11 am

EU's Barnier warns of big divergences with UK in talks

BRUSSELS (AP) — The EU's chief trade negotiator with former member Britain warned Thursday of “serious divergences" between the two sides after the conclusion of the first round of talks. Britain, meanwhile, predicted a tough road ahead for the talks, which aim to secure a new agreement for trade...
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Britain's Prime Minister Boris Johnson arrives at 10 Downing Street in London, Thursday, Feb. 13, 2020. British Prime Minister Boris Johnson shook up his government on Thursday, firing and appointing ministers to key Cabinet posts. Johnson was aiming to tighten his grip on government after winning a big parliamentary majority in December's election. That victory allowed Johnson to take Britain out of the European Union in January. (AP Photo/Matt Dunham)
March 02, 2020 - 5:28 am

EU-UK trade talks kick off amid threats and deadlines

BRUSSELS (AP) — Long-awaited trade talks between the European Union and Britain kick off Monday amid deep tensions over Prime Minister Boris Johnson’s threat to walk away from the talks if not enough progress is made within four months. Britain became the first country to ever leave the EU on Jan...
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