Global trade

FILE - In this Monday, Oct. 15, 2018 file photo, a container ship is loaded at the harbor in Hamburg, Germany. The United States is considering putting tariffs on $11 billion in EU goods per year to offset what it says are unfair European subsidies for planemaker Airbus. While the size of the potential tariffs is relatively small compared with the hundreds of billions of goods the U.S. and China are taxing in their trade war, it suggests a breakdown in talks with the EU over trade. (AP Photo/Martin Meissner, file)
April 09, 2019 - 12:58 pm
LONDON (AP) — The United States wants to tax $11.2 billion worth of EU goods — from airplanes to Gouda cheese — in what some experts say marks another attempt by the Trump administration to use tariffs to reshape global trade in its favor. The World Trade Organization ruled last year that the...
Read More
FILE- In this Tuesday, March 5, 2019, file photo the Cape Kortia container ship, left, heads into the Port of Tacoma in Commencement Bay in Tacoma, Wash. On Thursday, March 28, the Commerce Department issues the final estimate of how the U.S. economy performed in the October-December quarter. (AP Photo/Ted S. Warren, File)
April 02, 2019 - 8:26 am
GENEVA (AP) — The World Trade Organization has cut its forecast for trade growth this year by more than a percentage point, to 2.6%, due to an economic slowdown and amid a trade conflict between the United States and China. The downgrade — from 3.7% forecast issued in September — reflects how...
Read More
A woman walks past an electronic board showing Hong Kong share index outside a local bank in Hong Kong, Monday, April 1, 2019. Shares have surged in Asia following a bullish Friday on Wall Street, where the benchmark S & P 500 logged its biggest quarterly gain in nearly a decade. (AP Photo/Vincent Yu)
April 01, 2019 - 7:21 am
BANGKOK (AP) — Stocks around the world rose Monday on encouraging manufacturing data out of China that suggested government stimulus there may be gaining traction. European shares were up in midday trading despite bad economic reports there, with Germany's DAX gaining 1 percent to 11,645. The CAC40...
Read More
An investor monitors share prices at a brokerage house in Beijing, Wednesday, March 27, 2019. Shares were mixed in Asia early Wednesday after U.S. stocks finished broadly higher on Wall Street, erasing modest losses from a day earlier. (AP Photo/Andy Wong)
March 27, 2019 - 8:39 am
BANGKOK (AP) — Stocks markets turned lower Wednesday amid concerns about an impasse in the Brexit process, slowing trade and global growth. Britain's FTSE 100 declined 0.2 percent to 7,183 as British lawmakers sought ways forward in Brexit after a defeat of Prime Minister Theresa May's proposed...
Read More
European Central Bank President Mario Draghi arrives for an EU summit in Brussels, Friday, March 22, 2019. European Union leaders gathered again Friday after deciding that the political crisis in Britain over Brexit poses too great a threat and that action is needed to protect the smooth running of the world's biggest trading bloc. (Julien Warnand, Pool Photo via AP)
March 27, 2019 - 7:40 am
FRANKFURT, Germany (AP) — The European Central Bank is ready to take further action to help the economy if the outlook takes a sudden turn for the worse, bank President Mario Draghi said Wednesday. Draghi said the bank would take "all the monetary policy actions that are necessary and proportionate...
Read More
March 26, 2019 - 11:38 am
GENEVA (AP) — The United States has blocked a meeting of the World Trade Organization's dispute body, gumming up its operations over the Trump administration's refusal to recognize the government of President Nicolas Maduro in Venezuela. The U.S. delegation refused to approve the agenda of the...
Read More
Journalists film Chinese Premier Li Keqiang delivering the work reports at the opening session of the China's National People's Congress at the Great Hall of the People in Beijing, Tuesday, March 5, 2019. (AP Photo/Andy Wong)
March 05, 2019 - 6:18 am
BEIJING (AP) — China announced a robust annual economic growth target and a 7.5 percent rise in military spending Tuesday as it convened an annual legislative session overshadowed by a tariff war with Washington. Seeking to defuse U.S. and European complaints the Chinese system is rigged against...
Read More
February 28, 2019 - 10:44 am
GENEVA (AP) — The World Trade Organization panel has ruled in favor of the United States in a dispute with China over agricultural subsidies, saying Beijing went beyond WTO limits in its support for wheat and rice producers. The WTO's Dispute Settlement Body on Thursday found China exceeded...
Read More
FILE - In this file photo dated Thursday, Oct. 23, 2008, A tugboat passes a container ship docked at APM Terminals in Elizabeth, N.J. U.S.A. APM Terminals is owned by A.P. Moller-Maersk Group of Netherlands. Shares in the world’s biggest shipping company, Denmark’s A.P. Moller-Maersk, plunged Thursday Feb. 21, 2019, after it warned of the commercial damage it would suffer from a U.S. escalation in the trade war with China. (AP Photo/Mark Lennihan, FILE)
February 21, 2019 - 5:59 am
COPENHAGEN, Denmark (AP) — Shares in the world's biggest shipping company, Denmark's A.P. Moller-Maersk, plunged Thursday after it warned of the commercial damage it would suffer from a U.S. escalation in the trade war with China. The company reported a fourth quarter loss of $34 million, from a $...
Read More
Green traffic lights shine above the city of Frankfurt, Germany, Tuesday, Feb. 5, 2019. (AP Photo/Michael Probst)
February 07, 2019 - 10:23 am
FRANKFURT, Germany (AP) — European Union officials have slashed their growth forecast for the 19 countries that use the euro, saying even the lower estimate was vulnerable to "large uncertainty" from slowing growth in China and weakening global trade. The EU's executive Commission cut the forecast...
Read More

Pages