International Trade

Brazil petroleum group suggests changes to national-content rules

Reuters | May 27, 2015 | Energy | Maritime | International Trade

Brazil’s national oil-industry association, IBP, released a list of suggestions for regulatory changes on Monday that it hopes will boost exploration activity in the wake of falling oil prices, high costs, delays and a graft scandal at state-run oil company Petrobras. Read More »

Sony mobile exec: pricing tweaks, cost cuts to cope with dollar’s rise

Reuters | May 27, 2015 | International Trade

The head of Sony Corp’s loss-making mobile telecoms unit plans to tweak handset prices and cut costs if need be to absorb the dollar’s sharp rise versus the yen, citing currency shifts as a bigger potential threat to the Japanese electronics maker’s efforts to turn the business around than competition. Read More »

Pacific free-trade talks ‘in the end-game’

Reuters | May 26, 2015 | International Trade

The United States is optimistic a deal to set up a free trade zone across the Pacific will be concluded soon, with sensitive issues likely to be ironed out when its Congress resumes sessions, the top U.S. trade official said. Read More »

Mexico factory exports, consumer imports climb in April

Reuters | May 26, 2015 | International Trade

Mexican factory-made exports rose in April for a second month in a row, signaling that stronger U.S. demand could support more robust growth in Latin America's No. 2 economy. Read More »

Japan to import more butter as shortage worsens

Reuters | May 26, 2015 | International Trade

Japan will turn to overseas markets for the second time in a year to meet a worsening butter shortage, which may lead to higher prices for consumers due to tariffs that protect local producers of the basic cooking and baking ingredient. Read More »

L’Oreal to reduce prices in China after import tariff cut

Reuters | May 26, 2015 | International Trade

L'Oreal SA will reduce prices of most of its imported products in China to encourage domestic consumption, the French cosmetics giant said, after China promised to slash import tariffs on goods including skincare products. Read More »

Solarworld wants EU duties on Chinese solar goods extended

Reuters | May 26, 2015 | International Trade

German solar manufacturer SolarWorld will apply to the European Commission for an extension of duties on Chinese panel imports that are due to end this year, weekly Euro am Sonntag said. Read More »

Iran, Oman discuss Yemen war, settle maritime borders

Reuters | May 26, 2015 | International Trade

Iran’s Foreign Minister Mohammad Javad Zarif discussed how to advance Yemeni peace efforts with his Omani counterpart on Tuesday, Iranian media reported, on a visit to a country that has often played a conciliatory role in Gulf conflicts. Read More »

Senate takes decisive step in support of free trade

AJOT | May 26, 2015 | International Trade

International Trade Benefits American Businesses, Consumers & Workers Read More »

Following Senate success, ASA calls on house to take up and pass TPA

AJOT | May 26, 2015 | International Trade

The American Soybean Association (ASA) called on the House of Representatives today to take up and pass legislation to empower the Obama Administration to negotiate international trade agreements. Read More »

Retailers welcome ratification of port contract; Continue to urge change

AJOT | May 26, 2015 | International Trade

Stability Returns to the West Coast Ports as Dockworkers Ratify Contract Read More »

Panama’s economic activity in March rises 6.63%  yr/yr

Reuters | May 25, 2015 | International Trade

Panama’s economy grew 6.63 percent in March compared to the same period a year earlier, the government statistics office said on Monday. Read More »

Ukraine sees maize exports to China at 4 million tons in 2015

Reuters | May 25, 2015 | International Trade

Ukraine’s state grain firm GPZKU plans to supply up to 4.0 million tonnes of maize to China in 2015 in line with a loan-for-grains deal signed in 2012, Latifundist agriculture news agency quoted GPZKU’s chief executive as saying on Monday. Read More »

Greece hasn’t got the money to make June IMF repayment

Reuters | May 24, 2015 | International Trade

Greece cannot make debt repayments to the International Monetary Fund (IMF) next month unless it achieves a deal with creditors, its interior minister said on Sunday, the most explicit remarks yet from Athens about the likelihood of default if talks fail. Read More »

U.S. Senate passes two-month transportation spending patch

Reuters | May 23, 2015 | International Trade

The U.S. Senate early on Saturday passed a two-month spending extension for federal transportation projects that puts off a decision on long-term funding for road, bridge and rail transit projects until the height of the summer construction season. Read More »

EU wants framework for trade deal with US by end-2015

Reuters | May 21, 2015 | International Trade

Germany and its European partners remain committed to achieving the political framework for a Europe-U.S. free trade deal by the end of this year, Chancellor Angela Merkel said. Read More »

US fast-track trade bill clears key hurdle in Senate

Reuters | May 21, 2015 | International Trade

Legislation key to sealing a Pacific trade pact passed another important test in the U.S. Senate, boosting hopes for a deal that is central to President Barack Obama's strategic shift toward Asia. Read More »

Republican senator voices opposition to advancing fast-track bill

Reuters | May 21, 2015 | International Trade

Conservative Republican U.S. Senator Jeff Sessions warned against rushing ahead with a "fast-track" bill that President Barack Obama wants to help him complete a Pacific Rim trade deal, indicating some erosion of support for the measure. Read More »

Senate Republicans said to pledge June vote on Ex-Im Bank

Reuters | May 21, 2015 | International Trade

Senate Republican leader Mitch McConnell has pledged to hold a vote in June to renew the Export-Import Bank's charter before it expires at the end of that month, Democratic Senator Patty Murray said. Read More »

US aims to limit exports of undisclosed software flaws

Reuters | May 21, 2015 | International Trade

The U.S. Commerce Department proposed new export controls that would treat unknown software flaws as potential weapons, a move aimed at reducing the security industry's aid to rival nations. Read More »