Trade Deal

WELLINGTON, New Zealand | Pacific rim trade pact goes ahead after New Zealand ratifies

WELLINGTON, New Zealand — The Pacific rim trade pact abandoned by President Donald Trump will take effect at the year’s end after Australia became became the sixth nation to ratify it. The New Zealand government said Wednesday that Australia had notified it that it had completed procedures needed for the trade arrangement, the Comprehensive and … Continue reading WELLINGTON, New Zealand | Pacific rim trade pact goes ahead after New Zealand ratifies

BRUSSELS | UK prime minister: Post-Brexit transition could be extended

BRUSSELS — British Prime Minister Theresa May says she is considering a European Union proposal that would keep Britain bound to the bloc’s rules for more than two years after Brexit. At present the two sides say Britain will remain subject to the bloc’s rules from Brexit day on March 29 until December 2020, to … Continue reading BRUSSELS | UK prime minister: Post-Brexit transition could be extended

WASHINGTON | AP FACT CHECK: Trump on new trade deal with Canada, Mexico

WASHINGTON — President Donald Trump inaccurately described his new trade deal with Canada and Mexico as the biggest ever — it’s not even close — and glossed over some possible consequences of the agreement, such as higher car prices. Here’s a sampling of his expansive statements on the deal Monday and the complexities behind them: … Continue reading WASHINGTON | AP FACT CHECK: Trump on new trade deal with Canada, Mexico

NEW YORK | Early rally over Canada deal fades, leaving US stocks mixed

NEW YORK— Stocks barreled higher in the early going Monday after the U.S. and Canada agreed to a new trade deal, but the rally ran out of momentum later in the day, leaving major indexes mixed. Oil prices neared four-year highs and smaller companies suffered their worst losses in three months. Large industrial and basic … Continue reading NEW YORK | Early rally over Canada deal fades, leaving US stocks mixed

WASHINGTON | The Latest: Trump not confident Congress will OK trade deal

WASHINGTON — The Latest on a revamped North American free trade deal (all times local): 12:20 p.m. President Donald Trump says he’s “not at all confident” Congress will approve his revised North American trade deal. He says Democrats will have the 2020 presidential race in mind and might not want to approve what he calls … Continue reading WASHINGTON | The Latest: Trump not confident Congress will OK trade deal

WASHINGTON | The Latest: Mexico says new trade deal ‘provides certainty’

WASHINGTON — The Latest on a revamped North American free trade deal (all times local): 11:30 a.m. President Donald Trump is celebrating his latest revamped trade agreement with America’s two neighbors and is calling the pact for the United States, Mexico and Canada the USMCA. He said Monday the deal has a “good ring to … Continue reading WASHINGTON | The Latest: Mexico says new trade deal ‘provides certainty’

NEW YORK | US stocks slide again as investors wait for trade news

NEW YORK  — Stocks hardly budged Friday as the U.S. and Canada were unable to complete a trade deal, but the two sides intend to continue negotiating next week. Energy companies slipped along with oil prices Friday and high-dividend stocks also fell. Technology companies and retailers made some modest gains. Trading was very light ahead … Continue reading NEW YORK | US stocks slide again as investors wait for trade news