International Trade

The U.K. government said it doesn’t accept the European Union’s assessment that London owes the bloc 47.5 billion euros ($56.2 billion) as part of the Brexit settlement, a higher figure than the U.K. had originally estimated.

Vietnamese officials held a virtual meeting with the U.S. Trade Representative’s office on Friday morning Hanoi time to discuss timber exports and other trade issues, according to people with knowledge of the situation.

Rail cars carrying goods for export are finally starting to trickle back in toward Vancouver, after train movement to and from British Columbia’s west coast was largely halted in the past week amid wildfire damage on two main tracks.

Mexico is considering boosting corn imports and capping cooking gas prices as an inflationary spike hits tortilla prices, a staple for the country’s families.

President Joe Biden’s pledge to refrain from pursuing new trade deals is leaving a key training and assistance program for workers, who the administration says are at the center of its agenda, without a clear path for renewal.