International Trade

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 »

IBM to share technology with China in strategy shift

Reuters | March 23, 2015 | International Trade

IBM Corp will share technology with Chinese firms and will actively help build China's industry, CEO Virginia Rometty said in Beijing as she set out a strategy for one of the foreign firms hardest hit by China's shifting technology policies. Read More »

How Europe and U.S. stumbled into spat over China-led bank

AJOT | March 23, 2015 | International Trade

Sometime geopolitical shifts happen by accident rather than design. Read More »

China to reap Alibaba windfall as tightens up on tax

AJOT | March 23, 2015 | International Trade

China could make billions of dollars from taxing gains made by employees of e-commerce giant Alibaba Group (BABA.N) who are free to sell their shares for the first time since its IPO, as the country tightens up its leaky mechanisms for tax collection. Read More »

China steel firms turn overseas as domestic woes mount

AJOT | March 23, 2015 | International Trade

Laden with debt and struggling to make money as the world's No.2 economy loses momentum, China's steel mills do not appear obvious candidates for overseas expansion. Read More »

Chicken council favors TPA, Cuba trade

AJOT | March 23, 2015 | International Trade

The National Chicken Council (NCC) favors the passage of legislation now pending before Congress to give the administration Trade Promotion Author- ity (TPA). TPA provides for an up or down vote in the House and Senate on trade deals without the opportunity to enact amendments or make changes in the agreements. The previous authority expired in 2007. Read More »

German industrial plant makers see flat or lower 2015 demand

Reuters | March 23, 2015 | International Trade

German manufacturers of large industrial plants expect demand to remain stable at best in 2015 due to muted growth prospects in core markets such as Brazil, China and Russia. Read More »

JP’s premier Jamaican trade: coffee

Karen Thuermer | March 20, 2015 | International Trade

While Jamaica Producers (JP) has its roots in the banana trade and diversified into a wide host of businesses, coffee remains an important commodity for the company. Read More »

SE Asia Stocks - Major markets retreat; Thai VAT rate plan lifts retailers

Reuters | March 20, 2015 | International Trade

Most major Southeast Asian stock markets fell on Friday as investors booked profits a day after a rally on easing concerns about an imminent Fed rate hike, but Thai retailers outperformed after a plan to maintain the value-added tax rate. Read More »