International Trade

Foreign, domestic rosé wines vie for bigger share of US market

Reuters | March 24, 2015 | International Trade

A wine battle may be uncorked as imports of rosés from France, Italy, Spain, Germany, South Africa vie for shelf space and a share of the U.S. market, which is good news for consumers. Read More »

GM to make next-generation Chevrolet Cruze in Mexico

Reuters | March 24, 2015 | International Trade

General Motors Co will build its next-generation Chevrolet Cruze compact in Mexico, the company said on Monday, as automakers look to expand in the Latin American nation to take advantage of low labor costs and free trade agreements. Read More »

Euro zone and US manufacturing expand, China struggles

Reuters | March 24, 2015 | International Trade

Euro zone businesses ramped up activity in March as the European Central Bank started printing money to spur economic growth, while a slowdown among Chinese factories fueled expectations of more monetary stimulus. Read More »

US delays on fast-track trade bill cloud Pacific pact

Reuters | March 24, 2015 | International Trade

Delays in finalizing U.S. legislation to speed free trade deals through Congress are casting a cloud over a 12-nation trade pact many thought was near completion, officials close to the negotiations said. Read More »

Hyundai Motor targets 5% US sales growth this year

Reuters | March 24, 2015 | International Trade

South Korea's Hyundai Motor aims to boost its U.S. sales by 4.7 percent this year, ahead of the industry's projected growth rate, despite a consumer shift to SUVs and pick-up trucks. Read More »

No signs Russia might leave WTO, director general says

Reuters | March 24, 2015 | International Trade

Russia shows no signs of wanting to leave the World Trade Organization, WTO chief Roberto Azevedo said, despite tensions with the West over the Ukraine crisis and disputes with other member states. Read More »

Brazil’s current account gap narrows in February

Reuters | March 24, 2015 | International Trade

Brazil's current account deficit narrowed in February as the country's currency weakened sharply and economic growth remained stagnant, central bank data showed. Read More »

ExIm India opens books for debut green bond

Reuters | March 24, 2015 | International Trade

Export-Import Bank of India is marketing a debut five-year Green bond to yield around 165bp over US Treasuries. Read More »

Sagging rupiah, imports drive Japanese auto makers to expand in Indonesia

Reuters | March 24, 2015 | International Trade

The rupiah's descent to a 17-year low is building the case for Japanese auto makers to focus on rolling out cheaper, locally made sedans and multi-purpose vehicles (MPVs), rather than fighting for a bigger slice of Indonesia's languid market for imported cars. Read More »

Five takeaways from the Latin American market of 2015

George Lauriat | March 24, 2015 | International Trade

Will the relationship between Argentina and China go south? Read More »

Russia may ban fruit imports from Serbia

Reuters | March 23, 2015 | International Trade

Russia's food safety watchdog said it suspected Serbia of re-exporting Polish apples and was considering banning all fruit imports from the non-EU country, Russian news agency RIA reported. Read More »

US proposes cooperation between new China-led bank and Western institutions

Reuters | March 23, 2015 | International Trade

President Barack Obama's administration is proposing that a new Chinese-led development bank over which Washington has voiced concerns work collaboratively with Western development groups like the World Bank, The Wall Street Journal reported. Read More »

Canadian export agency signs deal to promote yuan use

Reuters | March 23, 2015 | International Trade

Canada's export agency signed a deal with China's biggest bank on Monday to promote the use of the yuan as a settlement currency in trade-related transactions, as officials in Toronto prepared to launch the first yuan trading hub in the Americas. Read More »

Toyota set to approve Mexico plant within weeks

Reuters | March 23, 2015 | International Trade

Toyota Motor is finalizing plans for its first passenger car assembly plant in Mexico that could be approved by its board as early as next month, according to three people with knowledge of the matter. Read More »

Spreading beef bans hit Indian farmers, traders - and lions

Reuters | March 23, 2015 | International Trade

Indian farmer Nitin Tarode wants to sell his old bull to help pay for his sister's wedding after his income was hit by patchy rainfall. Read More »

Japan says difficult to reach Japan-US trade deal without TPA

Reuters | March 23, 2015 | International Trade

Japanese Economy Minister Akira Amari said it would be difficult to reach an agreement in two-way trade talks between Japan and the United States unless U.S. lawmakers fast-tracked trade promotion legislation. Read More »

US-Mexico sugar pact gets US trade commission okay

Reuters | March 23, 2015 | International Trade

U.S. regulators approved a controversial trade deal with Mexico that imposes a quota on sugar imports and sets minimum prices, rejecting challenges from domestic cane refiners and bringing a year-long trade battle closer to resolution. Read More »

US trade officials to review Canadian paper imports

Reuters | March 23, 2015 | International Trade

U.S. trade officials will investigate a complaint that imports of Canadian paper benefit from unfair government subsidies, the Department of Commerce said, a move which could end in import duties. Read More »

US software executives urge action on fast-track trade bill

Reuters | March 23, 2015 | International Trade

Software industry executives urged lawmakers to pass legislation that would speed trade deals through Congress and include rules to ensure data can flow freely across borders. Read More »

Russian grain exports seen rising

Reuters | March 23, 2015 | International Trade

Russia’s grain exports, including flour and pulses, will rise to 1.5 million to 1.6 million tonnes in March from 1.3 million in February thanks to shallow-water ports opening after the winter, SovEcon agriculture analysts said in a note. Read More »