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International Trade

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PORTO, Portugal (AP) — The European Union called on the United States Friday to start boosting its vaccine exports to contain the global COVID-19 crisis, and said that the U.S. backing of patent waivers would provide only a long-term solution at best.

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PORTO, Portugal (AP) — European Union leaders and their large following of diplomats and advisers met Friday in Portugal for two days of in-person talks, signaling their belief that the threat from COVID-19 on the continent is waning amid a quickening vaccine rollout.

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GENEVA (AP) — European leaders voiced increasing skepticism Friday that a U.S. proposal to lift patent protections on COVID-19 vaccines would solve the problem of getting shots into the arms of people in poorer countries, with some instead calling for more exports of the doses already being produced.

BERLIN (AP) — Factory production and exports increased strongly in Germany in March, according to official statistics released Friday, developments that bode well for the second quarter in Europe's largest economy as it struggles to emerge from the coronavirus pandemic.

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GENEVA (AP) — Several world leaders Thursday praised the U.S. call to remove patent protections on COVID-19 vaccines to help poor countries obtain shots. But the proposal faces a multitude of hurdles, including resistance from the pharmaceutical industry.

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GENEVA (AP) — The World Trade Organization chief appealed to member countries on Wednesday to quickly present and negotiate over a text that could temporarily ease trade rules that protect COVID-19 vaccine technology, as a way to ramp access to doses at a time of urgent need.

BRUSSELS (AP) — The European Union is planning to tighten rules on foreign investment in its 27 members and boost production autonomy for sensitive strategic goods, two measures bound to hit China — amid already precarious relations between the two massive trading powers.

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LONDON (AP) — Britain said Tuesday it's agreed to increase cooperation with India in areas including trade, science and health as Indian authorities battle a surge in coronavirus infections that threatens to overwhelm the nation's health care system.

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WILMINGTON, Del. (AP) — The U.S. top trade negotiator will begin talks with the World Trade Organization on ways to overcome intellectual property issues that are keeping critically needed COVID-19 vaccines from being more widely distributed worldwide, two White House officials said Sunday.

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BRUSSELS (AP) — European Union leaders, their British counterparts and European businesses expressed hope Wednesday that the final ratification of the post-Brexit trade deal will open a new, positive era of cooperation despite the many divisive topics remaining between the former partners.

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MEXICO CITY (AP) — Mexico faced its biggest challenge yet Friday to labor-freedom reforms under the U.S.-Mexico-Canada trade agreement after an old-guard union was caught apparently destroying negative ballots at a General Motors plant in northern Mexico.

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WASHINGTON (AP) — A unanimous Supreme Court on Thursday cut back the Federal Trade Commission's authority to recover ill-gotten gains, overturning a nearly $1.3 billion award against a professional race car driver who was convicted of cheating consumers through his payday loan businesses.

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