International trade

May 14, 2020 - 12:10 pm
GENEVA (AP) — The head of the World Trade Organization says he will leave his post a year before his term expires, an unprecedented mid-term resignation at the WTO that he called a “personal decision.” Roberto Azevedo, a former diplomat from Brazil, said he will step down on Aug. 31, cutting short...
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AP News
May 13, 2020 - 12:48 pm
OMAHA, Neb. (AP) — U.S. meat exports are surging even as the industry is struggling to meet domestic demand because of coronavirus outbreaks at processing plants that have sickened hundreds of workers and caused companies to scramble to improve conditions. Although the situation could cause concern...
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FILE - In this Nov. 4, 2019, file photo cargo cranes are used to take containers off of a Yang Ming Marine Transport Corporation boat at the Port of Tacoma in Tacoma, Wash. China has suspended punitive tariffs on more U.S. goods including radar equipment for aviation amid pressure from President Donald Trump to buy more imports as part of a truce in their trade war. (AP Photo/Ted S. Warren, File)
May 12, 2020 - 7:15 am
BEIJING (AP) — China suspended punitive tariffs on more U.S. goods including radar equipment for aviation Tuesday amid pressure from President Donald Trump to buy more imports as part of a truce in their trade war. The Ministry of Finance said tariff increases on 79 types of goods including radar...
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May 11, 2020 - 1:50 pm
SARAJEVO, Bosnia-Herzegovina (AP) — Bosnia’s state prosecutors say about a hundred ventilators imported from China by a private company and paid for by the country's government have been found to be useless for COVID-19 patients. The little known fruit-processing firm, with no license to import...
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Children wearing face masks stand on the steps of a scaled replica of the United States Capitol Building at the World Park in Beijing on Thursday, May 7, 2020. World tourism has been hard hit by the outbreak of the COVID-19 coronavirus as countries close borders and restricted international flights. (AP Photo/Ng Han Guan)
May 07, 2020 - 10:57 pm
The Latest on the coronavirus pandemic. The new coronavirus causes mild or moderate symptoms for most people. For some, especially older adults and people with existing health problems, it can cause more severe illness or death. TOP OF THE HOUR: — China reports 1 new coronavirus case, South Korea...
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May 07, 2020 - 3:16 am
BEIJING (AP) — China’s exports rebounded in April to rise 3.5% over a year earlier, but forecasters warned that strength is unlikely to last as the coronavirus pandemic depresses global consumer demand. Exports to the United States rose 2.2%, while imports of American goods fell 11% in a reflection...
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People pass by wearing face masks to protect against the spread of the new coronavirus as ride along a street in Beijing, Wednesday, May 6, 2020. China on Wednesday reported just two new cases of the coronavirus and no deaths. (AP Photo/Mark Schiefelbein)
May 07, 2020 - 12:55 am
The Latest on the coronavirus pandemic. The new coronavirus causes mild or moderate symptoms for most people. For some, especially older adults and people with existing health problems, it can cause more severe illness or death. TOP OF THE HOUR: — UN increases amount of appeal to fight coronavirus...
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European Commissioner for the Economy Paolo Gentiloni speaks during a media conference on the economy at EU headquarters in Brussels, Wednesday, May 6, 2020. The European Union predicted Wednesday "a recession of historic proportions this year" due to the impact of the coronavirus with a drop in output of more than 7 percent, as it released its first official forecast of the damage the pandemic is inflicting on the bloc's economy. (Kenzo Tribouillard, Pool Photo via AP)
May 06, 2020 - 8:36 am
BRUSSELS (AP) — The European Union predicted Wednesday “a recession of historic proportions this year” due to the impact of the coronavirus as it released its first official estimates of the damage the pandemic is inflicting on the bloc’s economy. The 27-nation EU economy is predicted to contract...
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FILE - In this Nov. 4, 2019 file photo cargo cranes are used to take containers off of a Yang Ming Marine Transport Corporation boat at the Port of Tacoma in Tacoma, Wash. The U.S. trade deficit tumbled in February 2020 to the lowest level since 2016 as exports fell and imports fell more. The politically sensitive gap in the trade of goods with China narrowed in February when the world's No. 2 economy was locked down to combat the coronavirus outbreak. (AP Photo/Ted S. Warren, File)
May 05, 2020 - 9:14 am
WASHINGTON (AP) — The U.S. trade deficit rose in March as the coronavirus outbreak battered America's trade with the world. The Commerce Department reported Tuesday that the gap between what the United States sells and what it buys abroad widened 11.6% in March to $44.4 billion from $39.8 billion...
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FILE - In this April 29, 2020, file photo Secretary of State Mike Pompeo speaks at a news conference at the State Department in Washington. Chinese leaders “intentionally concealed the severity” of the pandemic from the world in early January, according to a 4-page, Department of Homeland Security report dated May 1 and obtained by The Associated Press. The revelation comes as the Trump administration has intensified its criticism of China, with Pompeo saying Sunday, May 3, that China has been responsible for the spread of disease in the past and must be held accountable for the outbreak of the current pandemic. (AP Photo/Andrew Harnik, File)
AP News
May 04, 2020 - 5:45 am
WASHINGTON (AP) — U.S. officials believe China covered up the extent of the coronavirus outbreak — and how contagious the disease is — to stock up on medical supplies needed to respond to it, intelligence documents show. Chinese leaders “intentionally concealed the severity” of the pandemic from...
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