Global trade

FILE - In this April 12, 2018, file photo, visitors walk by U.S. soybean companies' booths at the international soybean exhibition in Shanghai, China. President Donald Trump likes to joke that America's farmers have a nice problem on their hands: They're going to need bigger tractors to keep up with surging Chinese demand for their soybeans and other agricultural goods under a preliminary deal between the world's two largest economies. Yet skeptics are questioning how much China has committed to buy. (AP Photo/Andy Wong, File)
December 26, 2019 - 10:53 am
OMAHA, Neb. (AP) — President Donald Trump likes to joke that America's farmers have a nice problem on their hands: They're going to need bigger tractors to keep up with surging Chinese demand for their soybeans and other agricultural goods under a preliminary deal between the world's two largest...
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FILE - In this Oct. 7, 2019, file photo visitors hold up patriotic slogans including "Cheer for China", "My China Dream" near an I Heart China art installation in Beijing. Chinese leaders have long been sensitive about their communist country’s international image. Now, they are battling back, investing in diplomacy and a courtship of hearts and minds, just as the United States digs in on the Trump administration’s “America First” mindset. (AP Photo/Ng Han Guan, File)
December 20, 2019 - 1:50 pm
GENEVA (AP) — Chinese leaders have long been sensitive about their communist country’s international image. Now, they are battling back — investing in diplomacy and a courtship of hearts and minds, just as the United States digs in on the Trump administration’s “America First” mindset. A trade war...
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Britain's union flag flies from the Victoria Tower at parliament in London, Monday, Dec. 16, 2019. Newly elected lawmakers are convening at parliament Monday following the Dec. 12 general election. (AP Photo/Alberto Pezzali)
December 16, 2019 - 12:41 pm
LONDON (AP) — Britain's financial sector can withstand large shocks and disruptions, whether from a disorderly Brexit or a deterioration in global trade wars, the Bank of England said Monday. In a set of reports and surveys, the central bank said it found that the country's banks are strong enough...
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Dennis Shea, US Ambassador to the WTO, arrives for the opening of the General Council, at the headquarters of the World Trade Organization, WTO, in Geneva, Switzerland, Monday, Dec. 9, 2019. (Salvatore Di Nolfi/Keystone via AP)
December 09, 2019 - 5:55 pm
GENEVA (AP) — Global commerce will lose its ultimate umpire Tuesday, leaving countries unable to reach a final resolution of disputes at the World Trade Organization and instead facing what critics call “the law of the jungle.’’ The United States, under a president who favors a go-it-alone approach...
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In this Dec. 5, 2019, photo, President Donald Trump speaks at a luncheon with members of the United Nations Security Council in the Cabinet Room at the White House in Washington. (AP Photo/Andrew Harnik)
December 08, 2019 - 7:54 am
WASHINGTON (AP) — When certain associates and acquaintances of President Donald Trump get into hot water, he forgets he ever knew them. Various figures from the Russia investigation and the Ukraine matter as well as a British prince have fallen out of familiarity with the president in this way. For...
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President Donald Trump listens as French President Emmanuel Macron speaks during a meeting at Winfield House during the NATO summit, Tuesday, Dec. 3, 2019, in London. (AP Photo/ Evan Vucci)
December 03, 2019 - 5:41 pm
WASHINGTON (AP) — President Donald Trump on Tuesday wholly misrepresented the U.S. record on international trade disputes, incorrectly accused House Democrats of denying him lawyers in impeachment proceedings and dismissed as a mysterious “rumor” his own statement from months ago about Britain's...
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FILE - In this June 18, 2015, file photo, an Airbus A380 takes off for its demonstration flight at the Paris Air Show in Le Bourget airport, north of Paris. A World Trade Organization panel ruled Monday, Dec. 2, 2019, that the European Union has not complied with an order to end illegal subsidies for plane-maker Airbus, which prompted the Trump administration to impose tariffs on nearly $7.5 billion worth of EU goods in October. (AP Photo/Francois Mori, File)
December 02, 2019 - 6:02 pm
GENEVA (AP) — A World Trade Organization panel ruled Monday that the European Union has not complied with an order to end illegal subsidies for plane-maker Airbus, which prompted the Trump administration to impose tariffs on nearly $7.5 billion worth of EU goods in October. In its ruling, a WTO...
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Gerald Margolis, center left, branch manager of Philip Morris in Thailand, talks to reporters at Criminal Court in Bangkok, Thailand, Friday, Nov. 29, 2019. The court has found the local unit of tobacco giant Philip Morris guilty of evading taxes by under-declaring the value of cigarettes it imported from the Philippines, and ordered the company to pay a fine of 1.2 billion baht ($39.7 million). (AP Photo)
November 29, 2019 - 6:19 am
BANGKOK (AP) — A court in Thailand on Friday found the local unit of tobacco giant Philip Morris guilty of evading taxes by under-declaring the value of cigarettes it imported from the Philippines. It ordered the company to pay a fine of 1.2 billion baht ($39.7 million). The Criminal Court found...
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Kim You-geun, deputy director of South Korea's presidential national security office, speaks at the presidential Blue House in Seoul, South Korea, Friday, Nov. 22, 2019. South Korea says it has decided to continue a 2016 military intelligence-sharing agreement with Japan it previously decided to terminate amid ongoing disputes over their wartime history and trade. (AP Photo/Ahn Young-joon)
November 22, 2019 - 7:07 am
SEOUL, South Korea (AP) — In a major policy reversal, South Korea said Friday it has decided to continue, at least temporarily, a 2016 military intelligence-sharing agreement with Japan that it previously said it would terminate amid ongoing tensions over wartime history and trade. The announcement...
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Winemakers taste rose in the production facility of the Chateau Sainte Roseline in the southern France region of Provence Friday Oct. 11, 2019. European producers of premium specialty agricultural products like French wine, Italian Parmesan and Spanish olives are facing Friday’s U.S. tariff hike with a mix of trepidation and indignation at being dragged into a trade war over the fiercely competitive aerospace industry.(AP Photo/Daniel Cole)
October 17, 2019 - 12:25 pm
MILAN (AP) — European producers of specialty agricultural products like French wine, Italian Parmesan and Spanish olives are facing a U.S. tariff hike due Friday with a mix of trepidation and indignation at being dragged into a trade war they feel they have little to do with. The tariffs on $7.5...
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