International Trade

ASA Urges EU to accept U.S. Soy Sustainability Assurance Protocol to meet RED requirements

AJOT | February 16, 2015 | International Trade

The recent approval of U.S. soybeans certified by the U.S. SSAP as meeting the NEVEDI's need for sustainable feedstuffs is a significant step forward, and should serve as a model for how the program could satisfy the same requirements under the European Union’s RED requirements, according to the ASA. Read More »

Soy Growers Welcome Bill to Lift Cuban Embargo

AJOT | February 16, 2015 | International Trade

The American Soybean Association (ASA) welcomed legislation introduced today by Sen. Amy Klobuchar (D-Minn.) and backed by a bipartisan group of senators including Sens. Michael Enzi (R-Wyo.), Debbie Stabenow (D-Mich.), Jeff Flake (R-Ariz.), Patrick Leahy (D-Vt.), and Dick Durbin (D-Ill.) that would end the United States’ trade embargo with Cuba. Read More »

ASA Calls on European Union to Issue Import Approvals for 13 Biotech Traits Without Further Delay

AJOT | February 16, 2015 | International Trade

In a letter sent today to European Health & Food Safety Commissioner Vytenis Andriukaitis, the American Soybean Association (ASA) and fellow farm groups urged that draft import authorizations for 13 new biotechnology products be considered without further delay by the EU’s College of Commissioners. Import authorizations for 13 new biotechnology products, including soybeans, corn, canola and cotton, are pending, some for well over a year. Read More »

Hyundai Heavy Industries union workers win court case

AJOT | February 16, 2015 | International Trade | Liner Shipping

The unionized workers of South Korean shipbuilder Hyundai Heavy Industries (HHI) have won a court battle on Thursday, according to which HHI should count regular bonuses as base pay, Yonhap news agency said. Read More »

California Consumers: More Spending, Higher Costs

AJOT | February 16, 2015 | International Trade

For the first time ever, we now have a detailed picture of California consumers and how their expenditure patterns compare to consumers in the nation overall. Read More »

Greece must respect EU rules but compromise needed says France’s Sapin

Reuters | February 16, 2015 | International Trade

French Finance Minister Michel Sapin said on Monday that Germany’s firm stance on Greece’s debt position was right in some ways, but the euro zone must also respect the change of government in Greece. Read More »

Honda to slow U.S. output due to West Coast ports dispute

Reuters | February 15, 2015 | International Trade

Japanese carmaker Honda Motor Co Ltd plans to slow production at some of its plants in North America due to a parts shortage caused by a partial shutdown of ports along the West Coast. Read More »

South Korea suspends imports of Canadian beef on mad cow concern

Reuters | February 14, 2015 | International Trade

South Korea has halted imports of Canadian beef after Canada on Friday confirmed its first case of mad cow disease since 2011, the South Korean agriculture ministry said. Read More »

Premium Article  US exports could grow in 2015

George Lauriat | February 13, 2015 | International Trade

US exports are growing but will they continue to rise with a strengthening dollar and weakening GDP growth among trade partners? Read More »

Premium Article  Brandix: A case study of Sri Lankan garment manufacturing

Matt Miller | February 13, 2015 | International Trade

Sri Lanka is basking in the glow of an economic luminance that followed decades of conflict. The country successfully emerged from a decades-long civil war in 2009 and a peaceful and democratic transition of governments early this year. Read More »

Premium Article  Logistics, trade agreements, sourcing issues impact apparel and footwear industry

Karen Thuermer | February 13, 2015 | International Trade

It’s complicated, and China still dominates the trade. Read More »

More predictability, more trade - US tells Hungary

Reuters | February 12, 2015 | International Trade

The United States wants to boost trade with Hungary, its new ambassador to Budapest said, but ever-changing rules and a lack of consultation can scare away investors. Read More »

US challenges sweeping Chinese export subsidies

Reuters | February 12, 2015 | International Trade

The United States launched a legal challenge to Chinese export subsidies supporting billions of dollars of exports across a wide swathe of industries from steel to shrimp. Read More »

US lawmakers put currency cheating high on trade agenda

Reuters | February 12, 2015 | International Trade

U.S. lawmakers vowed to keep pushing for rules against currency cheating in trade deals as they unveiled bipartisan legislation to stop America's trading partners from manipulating exchange rates. Read More »

US challenge to China subsidies stretches to aluminium products

Reuters | February 12, 2015 | International Trade

A legal challenge by the United States to Chinese export subsidies that takes aim at aluminium products is set to revive industry concerns that China could cut a sales tax refund that has boosted exports and eased a supply shortfall in Asia. Read More »

After G20, US says race to devalue a big mistake

Reuters | February 12, 2015 | International Trade

The United States will "push back very hard" against countries that target weaker exchange rates to gain an unfair trade advantage, Treasury Secretary Jack Lew said, driving home concerns he expressed to the Group of 20 this week. Read More »

US business lobby survey warns of China protectionism

Reuters | February 12, 2015 | International Trade

China's regulators are targeting foreign firms, a majority of respondents said in a survey by an American business lobby, citing protectionism among the top concerns for their operations in the world's second largest economy. Read More »

China weighs on French wine and spirits exports

Reuters | February 12, 2015 | International Trade

A decline in French wines and spirits exports worsened last year as China's clampdown on extravagant spending capped demand for pricy cognacs and Bordeaux wines, but producers said they banked on a weak euro to help stabilize exports this year. Read More »

US to investigate imports of paper from China, others

Reuters | February 12, 2015 | International Trade

U.S. trade officials will look into complaints about cheap imports of paper from China and other countries that could lead to duties on imported uncoated paper, including copy paper used in homes and offices across the country. Read More »

McDonald’s India cuts salt, calories in burgers and fries

Reuters | February 12, 2015 | International Trade

McDonald's Corp is cutting the amount of calories and salt on its Indian menu as it fights to hold on to customers in a rapidly growing developing market where newer, healthier fast-food options are just starting to catch on. Read More »