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.
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.
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.
TAIPEI, Taiwan (AP) — Taiwan’s exports rose by double digits in April, boosted by demand for processor chips as global manufacturing revived.
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.
BEIJING (AP) — China’s trade with the United States and the rest of the world surged by double digits in April as consumer demand recovered, but growth appeared to be slowing.
BEIJING (AP) — China reports April exports surge 32.3% over year ago as global demand strengthens; imports rise 43.1%.
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.
LONDON (AP) — U.S. Secretary of State Antony Blinken has downplayed any prospect of an imminent trade deal with a post-Brexit Britain.
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.
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.
WASHINGTON (AP) — The U.S. trade deficit surged to a record $74.4 billion in March as an improving U.S. economy drove purchases of imported foreign goods.
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.
BANGKOK (AP) — Political turmoil and disruptions following the coup in Myanmar could undo years of progress and double the number of its people living in poverty to nearly half the population, a United Nations report said Friday.
U.S. prosecutors said Thursday that German software giant SAP will pay more than $8 million in penalties in acknowledging that it illegally exported its products to Iran.
BRUSSELS (AP) — The European Union has extended for a year sanctions against senior officials in Myanmar, including junta leader Senior Gen. Min Aung Hlaing, and others involved in the military coup in February.
BEIJING (AP) — China suspended some import taxes on steel Wednesday as part of a multiyear campaign to use market pressures to force Chinese producers to shrink and become more energy efficient and profitable.
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.
BRUSSELS (AP) — European lawmakers approve the ratification of the post-Brexit trade deal between the European Union and Britain.
MADRID, Iowa (AP) — In 43 years of farming, Morey Hill had seen crop-destroying weather, rock-bottom prices, trade fights and surges in government aid, but not until last year had he endured it all in one season.
BRUSSELS (AP) — European Union lawmakers are set to formally ratify the post-Brexit deal between the EU and the United Kingdom amid ongoing tensions between London and Brussels over Northern Ireland trade rules.
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.
President Joe Biden’s bid to retool the U.S. economy has me thinking about the parallels with earlier transformational presidents: FDR and Reagan.
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.