global trade

Government, Business, Logistics

Biden Hits Russia With Sanctions, Says Putin ‘Chose’ War

Biden Hits Russia With Sanctions, says Putin ‘Chose’ War President Biden speaking about Russian sanctions on Feb. 24. (Alex Brandon/Associated Press)

President Joe Biden ordered broad new sanctions targeting Russia on Feb. 24 after its invasion of Ukraine, declaring that Russian leader Vladimir Putin “chose this war” and his country will bear the consequences.

February 24, 2022
Government, Business, Logistics

Export Boom Drives Canada’s Largest Trade Surplus Since 2014

Containers sit at the Port of Vancouver in British Columbia, Canada, in November 2020. (Jennifer Gauthier/Bloomberg News) Containers sit at the Port of Vancouver in Vancouver, British Columbia, in November 2020. (Jennifer Gauthier/Bloomberg News)

Canada’s trade sector unexpectedly recorded its largest surplus in more than six years on across-the-board increases in exports.

Shelly Hagan | Bloomberg News
March 5, 2021
Government, Business, Logistics

Barr Says US Overly Reliant on Chinese Goods, Services

Attorney General William Barr participates in an Oval Office briefing on July 15. Attorney General William Barr participates in an Oval Office briefing on July 15. (Patrick Semansky/Associated Press)

The United States has become overly reliant on Chinese goods and services, including face masks, medical gowns and other protective equipment designed to curb the spread of the coronavirus, Attorney General William Barr said July 16.

Eric Tucker | Associated Press
July 16, 2020
Government, Business

US Signals China Trade Talks in Final, Hardest Steps to a Deal

Containership at Xiamen, China A containership at the Haitian Container Terminal in Xiamen, China, on Aug. 26. (Qilai Shen/Bloomberg News)

President Donald Trump’s administration signaled talks with China over the first phase of a broad trade agreement are entering the final stages when the most contentious and complex issues are debated, with no guarantee that another breakdown will be averted.

November 15, 2019
Government, Business

European Central Bank Deploys New Stimulus to Help Economy

Schüler AG in Goeppingen, Germany A worker cleans big machine parts of press manufacturer Schüler AG in Goeppingen, Germany. (Marijan Murat/dpa via AP)

FRANKFURT, Germany — The European Central Bank delivered a new blast of monetary stimulus Sept. 12 to help the shaky economy in the face of uncertainties such as the U.S.-China trade conflict and Brexit.

David McHugh | Associated Press
September 12, 2019
Government, Business, Technology

China Ramps Up War of Rhetoric in Trade Standoff With US

Man passing electronics store in Beijing A man passes an electronics store in Beijing. (Mark Schiefelbein/AP)

BEIJING — Stepping up Beijing’s propaganda offensive in the tariffs standoff with Washington, Chinese state media on May 24 accused the U.S. of seeking to “colonize global business” with moves against Huawei and other Chinese technology companies.

Christopher Bodeen | Associated Press
May 24, 2019
Government, Business, Safety

WTO Chief Urges Nations to Avert Trade War

Robert Acevedo and Angela Merkel WTO Chief Robert Acevedo and German Chancellor Angela Merkel hold talks in Berlin. (John MacDougall/pool photo via AP)

BERLIN — The whole international community has a responsibility to reduce tensions and avert a full trade war, which would produce “no winners,” according to the head of the World Trade Organization.

September 25, 2018
Government, Business

US, EU, China Vie for Influence in Eastern Europe

Mihai Durban, Rumen Radev and Klaus Iohannis Romania's Chamber of Commerce and Industry chief Mihai Durban (left), Bulgarian President Rumen Radev and Romanian President Klaus Iohannis in Bucharest. (Andreea Alexandru/AP)

BUCHAREST, Romania — President Donald Trump on Sept. 17 reaffirmed Washington’s support for a business summit that aims to boost connectivity in Eastern Europe and improve ties among the region and the United States and European Union.

Alison Mutler | Associated Press
September 17, 2018
Government, Business

Trump Threatens Tariffs on Additional $267 Billion of Chinese Imports

Shirt made in China Clothing from American brand Abercrombie & Fitch, which was made in China, is for sale at a store in Beijing. (Andy Wong/AP)

President Donald Trump said he’s ready to impose tariffs on an additional $267 billion in Chinese goods on short notice, on top of a proposed $200 billion that his administration is putting the final touches on.

Shannon Pettypiece | Bloomberg News
September 7, 2018
Government, Business

US, China Raise Tariffs in New Round of Trade Dispute

Man in Guangzhou, China, in front of billboard A man sits in front of a billboard stating that American customers will be charged 25% extra due to ongoing China-U.S. trade tensions at a restaurant in Guangzhou in southern China's Guangdong Province. (Chinatopix via AP)

BEIJING — The United States and China went ahead with tariff hikes on billions of dollars of each other’s automobiles, factory machinery and other goods Aug. 23 in an escalation of a battle over Beijing’s technology policy that companies worry will chill global economic growth.

Joe McDonald | Associated Press
August 23, 2018