trade barriers

By COLLEEN BARRY - AP Business Writer MILAN (AP) — Fine Italian knitwear packed in boxes addressed to retailers in Moscow, St. Petersburg and Kursk sit stacked in a Lombardy warehouse awaiting dispatch.…

Global companies have racked up more than $59 billion in losses from their Russian operations, with more financial pain to come as sanctions hit the economy and sales and shutdowns continue, according to a review of public statements and…

By JAMEY KEATEN - Associated Press DAVOS, Switzerland (AP) — Ukrainian President Volodymyr Zelenskyy called for “maximum” sanctions against Russia during a virtual speech on the first day of the World…

Between 2018 and 2020, the U.S. and China fought the biggest trade war since the 1930s, hiking tariffs, upending markets and threatening to plunge the global economy into recession. Since then, the battle has been the subject of dozens of…

By AAMER MADHANI and JOSH BOAK - Associated Press WASHINGTON (AP) — President Joe Biden departs on a six-day trip to South Korea and Japan aiming to build rapport with the two nations’ leaders while…

BRUSSELS—The U.S. is talking with the European Union about ways to limit global energy price increases that could be caused by an EU-proposed embargo on Russian oil, looking at additional options like setting a tariff on imports of Russian…

A new forum for the U.S. and European Union to settle differences on trade and technology policy has taken on added significance following Russia’s invasion of Ukraine, with supporters positioning it as a model for broader cooperation among…

WASHINGTON—As war and the pandemic expose the fragility of supply chains, the U.S. and its allies are pursuing a new kind of global trade, one that confines commerce to a circle of trusted nations. Fans call the shift “friend-shoring.”The…

Sovcomflot has sold about a dozen ships to buyers in Asia and the Middle East, according to people familiar with the matter, as the Russian state-controlled company works to repay loans…

By JOE McDONALD - AP Business Writer BEIJING (AP) — China’s export growth tumbled in April as global demand weakened, adding to pressure on the world’s second-largest economy after Shanghai and other…