International Trade

Europe struggles toward solution as Tsipras rips into creditors

Bloomberg | June 17, 2015 | International Trade

European decision makers were at a loss over Greece’s fate as Prime Minister Alexis Tsipras hurled insults at its creditors while Germany’s Angela Merkel kept her cool. Read More »

U.S. Treasury’s Lew tells Greek PM debt compromise urgently needed

Reuters | June 16, 2015 | International Trade

The Obama administration urged Greece on Tuesday to make a “serious” move toward reaching a compromise with its international creditors, warning that failure to strike a deal would create hardship for the Greek people. Read More »

Iran urges France not to miss out on $80 billion of transport deals

Reuters | June 16, 2015 | International Trade

Iran’s transport minister said on Tuesday there was about $80 billion worth of business up for grabs in his sector, including the renewal of the country’s air fleet, but warned France it risked missing out unless it changed its stance towards Tehran. Read More »

Tsipras Goads ‘Criminal’ IMF as Merkel Focuses on Greek Solution

Bloomberg | June 16, 2015 | International Trade

Prime Minister Alexis Tsipras laid down the gauntlet to Greece’s creditors, accusing the International Monetary Fund of “criminal” responsibility for his country’s predicament. Read More »

European Car Sales Rise 1.4% in Slowest Growth in Six Months

Bloomberg | June 16, 2015 | International Trade

European car sales rose at the slowest pace in six months in May as buyers’ concerns about unemployment and the Greek sovereign debt crisis held back demand at Volkswagen AG and Renault SA. Read More »

Oshkosh cuts full-year profit forecast

Reuters | June 16, 2015 | International Trade

Oshkosh Corp, a specialty truckmaker, said bad weather hurt sales at its access equipment business for the current quarter and cut its full-year profit. Read More »

Merkel flirts with failure as Greek showdown risks teflon legacy

Bloomberg | June 16, 2015 | International Trade

The Teflon chancellor may be vulnerable after all. Read More »

Thailand seeks new central bank head with economy in trouble

Bloomberg | June 16, 2015 | International Trade

A former International Monetary Fund economist, a woman and a central banker who defended the baht before it was floated 18 years ago are among the likely candidates to be the new governor of the Bank of Thailand. Read More »

Greek Deadlock has leader hoping for miracle to avoid default

Bloomberg | June 16, 2015 | International Trade

Greece snubbed European pleas to submit a proposal to avert a default, dimming chances of a compromise at a key meeting this week. Read More »

SBA Administrator’s Statement on TPA and TAA

AJOT | June 15, 2015 | International Trade

U.S. Small Business Administrator Maria Contreras-Sweet issued a statement on the House vote on TPA and TAA Read More »

ASA Welcomes House Passage of Fast Track, Calls for Compromise on TAA to Move Forward

AJOT | June 15, 2015 | International Trade

The American Soybean Association (ASA) welcomed passage this afternoon of the Bipartisan Congressional Trade Priorities and Accountability Act of 2015, which would extend trade promotion authority, or fast track authority, to President Barack Obama. Read More »

Votes in House on TPA Puts Politics Ahead of People

AJOT | June 15, 2015 | International Trade

7 million restaurant and retail jobs in the U.S supported by trade Read More »

Draghi Faces EU Court Ruling on 2012 Bond Plan as Greece Teeters

Bloomberg | June 15, 2015 | International Trade

European Central Bank President Mario Draghi is counting on judges in Luxembourg to get a boost for a key part of his economic tool kit, just as Greece provides a reminder of why it was created. Read More »

Top sanctions cheerleader can’t wean itself off Russian trade

Bloomberg | June 15, 2015 | International Trade

Eastern Europe's most vocal supporter of sanctions against Russia is suffering the most because of them. Read More »

U.S. slaps duties on Chinese tires for cars and light trucks

Reuters | June 12, 2015 | International Trade

The United States on Friday imposed duties on certain automobile and light truck tires imported from China after finding they were being dumped at below-market value and unfairly subsidized by Beijing. Read More »

US House trade vote a setback to US multinationals

Reuters | June 12, 2015 | International Trade

Some of the biggest household names in Corporate America suffered a setback as U.S. lawmakers blocked a key piece of legislation central to a major Pacific trade deal that advocates say would boost exports by reducing trade barriers overseas. Read More »

US House navigates toward vote on ‘fast-track’ for Obama trade pact

Reuters | June 11, 2015 | International Trade

The U.S. House of Representatives will debate a package of bills central to President Barack Obama's push for a Pacific Rim trade pact, with considerable doubt still lingering about the outcome expected by week's end. Read More »

Conservationists seek to slow ivory trade in US

Reuters | June 11, 2015 | International Trade

Conservationists petitioned the U.S. government to upgrade the status of African elephants from threatened to endangered to make it harder to import and export ivory, in hopes of reducing illegal tusk trading. Read More »

US lawmakers vote to scrap meat labeling laws

Reuters | June 11, 2015 | International Trade

The U.S. House of Representatives voted to repeal meat labeling laws, which were widely backed by U.S. consumer groups, after Canada and Mexico threatened $3 billion in trade sanctions. Read More »

US business inventories post largest gain in nearly a year

Reuters | June 11, 2015 | International Trade

U.S. business inventories recorded their biggest increase in nearly a year in April, which could see economists raise their second-quarter growth estimates. Read More »