Global trade

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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French President Emmanuel Macron, left, shakes hands with Chinese President Xi Jinping following a signing ceremony at the Great Hall of the People in Beijing, Wednesday, Nov. 6, 2019. (Nicolas Asfouri/Pool Photo via AP)
November 06, 2019 - 8:44 pm
PARIS (AP) — When France's president wants to carry European concerns to the world stage to find solutions for climate change, trade tensions or Iran's nuclear ambitions, he no longer calls Washington. He flies to Beijing. President Emmanuel Macron's visit to China this week suggests that the...
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U.S. Commerce Secretary Wilbur Ross delivers a speech in Indo-Pacific Business Forum in Nonthaburi, Thailand, Monday, Nov. 4, 2019. (AP Photo/Sakchai Lalit)
November 04, 2019 - 6:33 am
NONTHABURI, Thailand (AP) — The U.S. is deeply committed to doing business with Southeast Asia, Commerce Secretary Wilbur Ross said Monday at a conference on the sidelines of a regional summit that President Donald Trump chose not to attend. Ross and other American officials showcased American...
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Malaysian Prime Minister Mahathir Mohamad gestures as he speaks during the ASEAN Business and Investment Summit (ABIS), a parallel event to the ASEAN summit in Nonthaburi, Thailand, Saturday, Nov. 2, 2019. (AP Photo/Aijaz Rahi)
November 02, 2019 - 7:06 am
NONTHABURI, Thailand (AP) — Southeast Asia should use the sway of its shared market of 650 million people and speak with "one voice" to ensure it is treated fairly in an age of protectionism, Malaysian Prime Minister Mahathir Mohamad said Saturday as leaders gathered for a regional summit. The...
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International Monetary Fund (IMF) Managing Director Kristalina Georgieva speaks during a news conference during the World Bank/IMF Annual Meetings in Washington, Thursday, Oct. 17, 2019. (AP Photo/Jose Luis Magana)
October 17, 2019 - 2:27 pm
WASHINGTON (AP) — The International Monetary Fund's new leader said Thursday that a trade truce between the United States and China could trim expected losses to the world economy but won't be enough to produce strong global growth. Before last week's tentative trade agreement, the IMF had...
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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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FILE - In this Friday, Oct. 11, 2019, file photo, President Donald Trump watches as Chinese Vice Premier Liu He speaks to U.S. Trade representative Robert Lighthizer, right, in the Oval Office of the White House in Washington. A truce in a U.S.-Chinese tariff war and Beijing's promises to open more of its state-dominated economy are raising hopes among investors. But China's own state media are trying to temper expectations, while companies express frustration about the halting pace of market opening. (AP Photo/Andrew Harnik, File)
Associated Press
October 15, 2019 - 6:22 am
BEIJING (AP) — A truce in a U.S.-Chinese tariff war and Beijing's promises to open more of its state-dominated economy are raising investor hopes. But Beijing is trying to temper expectations, while companies express frustration over the halting pace of market-opening. The China Daily, an English-...
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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 - 4:41 am
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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