International Trade

A tale of two coffee trees in Mexico: one grows, another wilts

Reuters | February 03, 2015 | International Trade

Mexican coffee farmers suffered one of their bleakest seasons ever last year as a virulent fungus devastated the crop, stripping down trees to disease-ridden skeletons, starved of sunlight. Read More »

Freight Coalition Applauds Administration’s FY16 Budget Request for Increased Freight Investment

AJOT | February 03, 2015 | International Trade

The Coalition for America’s Gateways and Trade Corridors (CAGTC) Executive Director Leslie Blakey commended the Administration’s continued – and increasing – call for freight investment, as reflected in the Fiscal Year 2016 Budget request. Read More »

Detroit carmakers top analysts’ sales estimates in January

Reuters | February 03, 2015 | International Trade

January car sales by the three Detroit automakers topped analysts’ expectations, as low gas prices and easy credit terms helped fuel sales of utility vehicles and big pickups. Read More »

A week in and Greece’s new leftist PM sticks to tough line, for now

AJOT | February 02, 2015 | International Trade

Judging from Prime Minister Alexis Tsipras’ first week in office, Greece’s new leftist government is determined to take the hard-line, anti-bailout stance that international investors and European leaders had feared. Read More »

US Democrats set high bar for supporting Obama on trade

AJOT | February 01, 2015 | International Trade

Senior Democrats in the House of Representatives said they would insist President Barack Obama provide hard evidence that proposed free trade deals will boost median U.S. incomes, laying out tough terms to support his trade agenda. Read More »

US must target currency manipulation in trade deals

Reuters | February 01, 2015 | International Trade

The Obama administration must insist that U.S. trading partners pledge not to manipulate currencies when negotiating trade deals, the chairman of the Senate Committee on Finance said. Read More »

Sun Pharmaceutical wins US approval to buy Ranbaxy

Reuters | February 01, 2015 | International Trade

India's Sun Pharmaceutical Industries Ltd has won U.S. approval to buy Ranbaxy Laboratories Ltd on condition that it sell its interest in a generic antibacterial medicine, the U.S. Federal Trade Commission said. Read More »

US consistently raised concerns with China on IT rules

Reuters | February 01, 2015 | International Trade

The United States administration has consistently pressed China about the impact of regulations on U.S. information technology firms, a spokesman for the U.S. Trade Representative said. Read More »

Car industry heads lobby to drop tariffs between EU, US

Reuters | February 01, 2015 | International Trade

The heads of German car companies including BMW, Daimler and Audi lobbied politicians to reach a trade deal that could see tariffs dropped between the United States and the European Union. Read More »

In China, US tech firms turn to domestic rivals for survival

Reuters | February 01, 2015 | International Trade

U.S. technology companies in China are forming alliances with domestic firms, hoping that having a local partner will make it easier to operate in the increasingly tough environment for foreign businesses in the world's second-biggest economy. Read More »

Apple takes top gifting spot in China

Reuters | February 01, 2015 | International Trade

Apple Inc has taken the number one luxury gifting spot in China from designer goods maker Hermes International SCA, according to a Hurun luxury report, reflecting the iPhone maker's recent hot streak in the country. Read More »

Samsung’s smartphone primacy under threat from Apple after weak Q4

Reuters | February 01, 2015 | International Trade

Samsung Electronics Co Ltd is closer to losing its crown as global smartphone leader after posting a plunge in quarterly mobile earnings, a day after rival Apple Inc reported the biggest profit in corporate history. Read More »

Apple takes high road in China smartphone standoff with Xiaomi

Reuters | February 01, 2015 | International Trade

Apple Inc is steering clear of Chinese rival Xiaomi Inc's low-price online strategy, ramping up store openings in China to harness its premium edge and fend off the fast-growing No.3 global smartphone maker. Read More »

‘Zombies’ haunt Vietnam’s trade bonanza bid

Reuters | February 01, 2015 | International Trade

Nguyen Nam owns an engineering services firm in Ho Chi Minh City that pays no taxes nor any salaries. The flip side is it earns no revenue either. Read More »

China to expand some Shanghai free trade zone practices nationwide

Reuters | February 01, 2015 | International Trade

China will replicate some practices in Shanghai's free trade zone to other parts of the country, the cabinet said, in its latest push to let markets play a bigger role in the economy. Read More »

Greek government expected to avoid tax clash with shipping tycoons

Reuters | February 01, 2015 | International Trade

While Greece’s new leftist government seems set on a collision course with the European Union, it is likely to steer clear of confronting the country’s critical shipping industry. Read More »

China to raise commercial oil storage more than 10 percent in 2015

Reuters | January 29, 2015 | Energy | International Trade

Storage companies in China are set to boost commercial oil tank capacity by more than a tenth this year, just in time to cash in on speculative demand to stock up on cheap crude, a survey of storage and trading executives shows. Read More »

Greek Prime Minister Tsipras freezes privatisations, markets tumble

Reuters | January 28, 2015 | International Trade

Leftist Greek Prime Minister Alexis Tsipras threw down an open challenge to international creditors on Wednesday by halting privatisation plans agreed under the country’s bailout deal, prompting a third day of heavy losses on financial markets. Read More »

CakeBoxx Technologies and Globe Tracker Collaborate on Smart Container Offering

AJOT | January 27, 2015 | International Trade

Globe Tracker International, a leader in global autonomous asset tracking, monitoring, remote management, and data sharing services, and CakeBoxx Technologies, developer of innovative safe, secure and efficient CakeBoxx door-less intermodal shipping containers, today announce their strategic partnership. Read More »

Rain on India’s parade, but Obama visit keeps spirits high

Reuters | January 26, 2015 | International Trade

U.S. President Barack Obama watched a dazzling parade of India's military might and cultural diversity, the second day of a visit trumpeted as a chance to establish a robust strategic partnership between the world's two largest democracies. Read More »