Trade agreements
Update: Southeast Asian-centered trade pact delayed
The Latest on the annual summit of the Association of Southeast Asian Nations, meeting this week in Singapore (all times local):5:35 p.m.Singapore's Prime Minister Lee Hsien Loong says a final agreement on a Southeast Asian-centered free trade agreement will be pushed back until 2019.Lee's comments Wednesday confirmed earlier expectations that ...
Pence in Japan to discuss trade, N. Korea before summits
U.S. Vice President Mike Pence arrived in Tokyo on Monday to discuss North Korea and other issues with Japanese officials before heading to two regional summits. Pence is expected to also discuss China's growing regional influence and bilateral trade with Japanese Prime Minister Shinzo Abe when they meet Tuesday, officials said. During ...
Partner up for China trade reform
The recently unveiled U.S.-Mexico-Canada Agreement would update one of the most important free trade agreements in U.S. history. While there are still hurdles to clear before the USMCA is implemented, attention to ongoing trade negotiations now focuses on China and tariffs. The Trump administration has rightly called out China’s discriminatory trade ...
South Korea, Britain in talks about future trade talks
South Korea's foreign minister says Seoul has begun "contingency planning" to ensure that her country and Britain maintain close trade relations after Britain leaves the European Union. Foreign Minister Kang Kyung-wha said Friday that "we are already having serious discussions about this." South Korea's President Moon Jae-in arrives for an EU-ASEM summit ...
Update: EU plays down US trade offer to Britain
The Latest on Britain's upcoming exit from the European Union (all times local):1:00 p.m.The European Union's top trade official is playing down the importance of a U.S. announcement that it will pursue a trade deal with Britain, noting London cannot negotiate such pacts until it leaves the bloc.The U.S. administration ...
Trump tells Congress he’ll seek trade deals with U.K., Japan, European Union
The Trump administration informed Congress on Tuesday that it intends to pursue new trade deals with Japan, the U.K. and the European Union. The notification is an early step in the process, and will be followed by a back-and-forth with Congress over goals the U.S. needs to achieve. Only after that ...
US to enter trade talks with Japan, European Union, Britain
The Trump administration notified Congress on Tuesday that it plans to pursue trade agreements with the European Union, Japan and Britain.The announcement comes two weeks after the administration reached a deal with Canada and Mexico to rewrite the North American Free Trade Agreement.Late last month, the United States and Japan ...
Update: Ford exec says hard Brexit a threat to industry
The Latest on Britain's upcoming departure from the European Union (all times local):3:20 p.m.One of Ford Motor Co.'s top executives in Europe says a hard Brexit would be a significant threat to the U.K. auto industry.Steven Armstrong, Ford's president for Europe, Middle East and Africa, says the company would do ...
Canada relieved trade deal done, won’t forget Trump attacks
U.S. President Donald Trump vowed to make Canada pay after Prime Minister Justin Trudeau said he wouldn't be bullied in trade talks. Trump called Trudeau "weak" and "dishonest." He threatened tariffs on cars and slapped them on steel.The unprecedented attacks on America's closest ally left a bitter taste. But Canadians ...
Explains: How NAFTA 2.0 will shake up business as usual
American dairy farmers get more access to the Canadian market. U.S. drug companies can fend off generic competition for a few more years. Automakers are under pressure to build more cars where workers earn decent wages.The North American trade agreement hammered out late Sunday between the United States and Canada, ...
Asian shares mixed amid lingering trade tension worries
Asian stocks were mixed Monday and Wall Street futures rose after the U.S. and Canada said they had reached a compromise on revising their trade pactKEEPING SCORE: Japan's benchmark Nikkei 225 gained 0.5 percent to 24,245.76. Australia's S&P/ASX 200 lost nearly 0.6 percent to 6,172.30. South Korea's Kospi gave up ...
US, Japan agree to negotiate a free trade agreement
The United States and Japan announced Wednesday they will open negotiations on a bilateral trade agreement between the world's first- and third-largest economies.It's a significant shift by Tokyo which has been a strong advocate of a multi-nation trans-Pacific trade pact that President Donald Trump withdrew from soon after taking office.Trump ...
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