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International trade

FILE - In this June 18, 2015 filephoto, an Airbus A380 takes off for its demonstration flight at the Paris Air Show, in Le Bourget airport, north of Paris. The World Trade Organization says the United States can impose tariffs on up to $7.5 billion worth of goods from the European Union as retaliation for illegal subsidies to European plane-maker Airbus — a record award from the trade body. (AP Photo/Francois Mori, File)
October 14, 2019 - 3:41 am

WTO body formally OKs US sanctions against EU in Airbus case

GENEVA (AP) — The World Trade Organization has formally given the go-ahead for the United States to impose trade sanctions on up to $7.5 billion worth of European Union goods following a ruling that European plane maker Airbus received illegal subsidies. The move by the trade body's dispute...
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A Turkish police armored vehicle patrols the town of Akcakale, Sanliurfa province, southeastern Turkey, at the border with Syria, Saturday, Oct. 12, 2019. The towns along Turkey's border with northeastern Syria have been on high alert after dozens of mortars fired from Kurdish-held Syria landed, killing several civilians. (AP Photo/Lefteris Pitarakis)
October 12, 2019 - 2:03 pm

The Latest: Germany to curtail arms exports to Turkey

AKCAKALE, Turkey (AP) — The Latest on Turkey's military offensive into northeastern Syria against Syrian Kurdish fighters (all times local): 10:05 p.m. Germany's foreign minister has announced that the country will curtail its arms exports to Turkey, which has started a military offensive into...
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President Donald Trump receives a letter presented to him by Chinese Vice Premier Liu He, left, in the Oval Office of the White House in Washington, Friday, Oct. 11, 2019. (AP Photo/Andrew Harnik)
October 12, 2019 - 2:16 am

Companies welcome US-China trade truce, warn disputes remain

BEIJING (AP) — Companies have welcomed a U.S.-Chinese trade truce as a possible step toward breaking a deadlock in a 15-month-old tariff war, while economists caution there was little progress toward settling core disputes including technology that threaten global growth. President Donald Trump...
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Chinese Vice Premier Liu He accompanied by U.S. Trade Representative Robert Lighthizer, left, and Treasury Secretary Steven Mnuchin, greets the media before a minister-level trade meetings at the Office of the United States Trade Representative in Washington, Thursday, Oct. 10, 2019. (AP Photo/Jose Luis Magana)
October 11, 2019 - 10:20 pm

The Latest: US suspends tariff hike in limited China deal

WASHINGTON (AP) — The Latest on U.S.-China trade talks (all times local): 3:59 p.m. The United States is suspending a tariff hike on $250 billion in Chinese imports that was set to take effect Tuesday, and China agreed to buy $40 billion to $50 billion in U.S. farm products as the world's two...
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Chinese Vice Premier Liu He accompanied by U.S. Trade Representative Robert Lighthizer, left, and Treasury Secretary Steven Mnuchin, greets the media before a minister-level trade meetings at the Office of the United States Trade Representative in Washington, Thursday, Oct. 10, 2019. (AP Photo/Jose Luis Magana)
October 11, 2019 - 4:36 pm

US suspends plans to hike tariffs Tuesday on Chinese imports

WASHINGTON (AP) — The Trump administration is suspending a tariff hike on $250 billion in Chinese imports that was set to take effect Tuesday, and China agreed to buy $40 billion to $50 billion in U.S. farm products as the world's two biggest economies reached a cease-fire in their 15-month trade...
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October 11, 2019 - 4:03 pm

How major US stock indexes fared Friday

Stocks closed sharply higher Friday as the U.S. and China reached a partial deal on trade and said they would continue negotiating. President Donald Trump agreed to suspend an increase in tariffs on $250 billion in Chinese goods due to kick in Oct. 15. In exchange, China agreed to boost purchases...
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In this photo taken Tuesday, Oct. 8, 2019, Parmigiano Reggiano Parmesan cheese wheels are stored in Noceto, near Parma, Italy. U.S. consumers are snapping up Italian Parmesan cheese ahead of an increase in tariffs to take effect next week. The agricultural lobby Coldiretti on Friday, Oct. 11, 2019, said sales of both Parmigiano Reggiano and Grana Padano, aged cheeses defined by their territory of origin, have skyrocketed by 220% since the higher tariffs were announced one week ago. (AP Photo/Antonio Calanni)
October 11, 2019 - 11:20 am

US consumers snap up Italian Parmesan before tariffs hit

MILAN (AP) — U.S. consumers who appreciate the tang of aged Italian Parmesan cheese as an aperitif or atop their favorite pasta dish are stocking up ahead of next week's tariff hike and as dairy producers in the two countries square off. The Italian agricultural lobby Coldiretti said Friday that...
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A man walks past an electronic stock board showing Japan's Nikkei 225 index at a securities firm in Tokyo Friday, Oct. 11, 2019. Asian stock markets followed Wall Street higher Friday on optimism about U.S.-Chinese talks on ending a tariff war.(AP Photo/Eugene Hoshiko)
October 11, 2019 - 3:38 am

Global stocks higher on US-China trade optimism

BEIJING (AP) — Global stocks followed Wall Street higher Friday on optimism about U.S.-Chinese talks on ending a tariff war, while oil prices spiked 2% after a rocket attack on an Iranian tanker. Market benchmarks in Frankfurt, Paris, Shanghai and Tokyo advanced, while London declined. Sentiments...
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Chinese Vice Premier Liu He accompanied by U.S. Trade Representative Robert Lighthizer, left, and Treasury Secretary Steven Mnuchin, greets the media before a minister-level trade meetings at the Office of the United States Trade Representative in Washington, Thursday, Oct. 10, 2019. (AP Photo/Jose Luis Magana)
October 10, 2019 - 5:27 pm

Trump says US-China trade talks are 'going very well'

WASHINGTON (AP) — President Donald Trump offered an upbeat assessment of U.S.-China trade talks and said he would meet at the White House on Friday with the leader of the Chinese negotiating team. Expectations were low that the negotiations would do much to resolve a 15-month trade battle that is...
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October 10, 2019 - 12:52 am

US Commerce Secretary praises Australia, criticizes China

PERTH, Australia (AP) — U.S. Secretary of Commerce Wilbur Ross has slammed China's trade practices and trumpeted America's economic relationship with Australia amid a festering trade war with Beijing. Ross told a business gathering in Sydney on Thursday that President Donald Trump did not want to...
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