International Trade

US, Japan plan further trade talks before Obama’s Asia trip

Reuters | March 25, 2014 | International Trade

U.S. and Japanese trade negotiators will meet this week and next for further talks over farm tariffs and auto exports in the lead-up to President Barack Obama's planned trip to Asia. Read More »

China rejects more US corn due to GMO as state sales approach

Reuters | March 25, 2014 | International Trade

China has turned away more U.S. corn after detecting an unapproved genetically-modified strain in shipments, with buyers waiting for sales from the country's huge state reserves or shifting to cheap grain from Ukraine. Read More »

Taiwan’s Ma says ready to meet protesters over China trade pact

Reuters | March 25, 2014 | International Trade

Taiwanese President Ma Ying-jeou has invited the leaders of a student protest movement to his office in a bid to resolve an impasse about a controversial trade pact with mainland China. Read More »

Sugar sellers offer deep discounts as world awash with supply

Reuters | March 25, 2014 | International Trade

Exporters are offering deep discounts on centre-south Brazilian raw sugar, with global supplies plentiful and a new harvest in the world’s top producer just weeks away. Read More »

Shanghai trade zone shares spike on reports of additional reforms

Reuters | March 24, 2014 | International Trade

Shares in companies linked with Shanghai’s free trade zone rose sharply on Tuesday morning following articles in domestic media reporting officials would move to further relax investment restrictions on foreign investment in the zone. Read More »

Trade sanctions would hurt Russia more than the West

Reuters | March 24, 2014 | International Trade

German Finance Minister Wolfgang Schaeuble said that the European Union was united in its readiness to impose economic sanctions on Russia if the stand-off over Ukraine escalates, and that Moscow had much more to lose than the West. Read More »

ASEAN links rising but 2015 integration hard: Philippine finance minister

Reuters | March 24, 2014 | International Trade

Southeast Asia is unlikely to hit a target of integrating its 10 economies by 2015, but the group has much potential to be a trading hub for Asia once it fully creates an economic community, the Philippines' finance chief said. Read More »

Taiwan leader says protest-hit China trade pact vital

Reuters | March 24, 2014 | International Trade

Taiwan President Ma Ying-jeou said that the island needed to pass a contentious trade pact with China for the sake of its economy, and called on protesters who have occupied parliament in protest to respect democracy and leave. Read More »

Gavilon calls on US farm sector to deal with unapproved GMO crops

Reuters | March 24, 2014 | International Trade

The U.S. agriculture industry must devise a system to handle genetically modified crops barred by major importers because unapproved varieties will comprise an increasing portion of production in coming years, top executives at grain merchant Gavilon Group LLC said. Read More »

Ukraine crisis gives new impetus to EU-US trade talks, US says

Reuters | March 24, 2014 | International Trade

Russia's annexation of Crimea underlines the need for the United States and the European Union to deepen their economic ties via an ambitious trade deal that would also allow Europe to import U.S. gas, Washington's top trade official said. Read More »

GM’s global recall includes imported Buick Enclaves in China

Reuters | March 24, 2014 | International Trade

General Motors Co will recall 24,021 imported Buick Enclave vehicles due to airbag defects, China's quality watchdog said, as part of the U.S. automaker's global recall over the same issue involving over nearly 1.2 million vehicles. Read More »

China shares up despite weak PMI, Hong Kong at one-week high

Reuters | March 24, 2014 | International Trade

Shares in Hong Kong and China shares rose on Monday as a weak factory survey heightened expectations that Beijing will have to unveil stimulus measures soon to avert a sharper downturn in the world’s second-largest economy. Read More »

Businesses fear ripple effects from “cosmetic” Russian sanctions

Reuters | March 23, 2014 | International Trade

U.S. and European sanctions against Russia are already having a ripple effect beyond their immediate targets, with Visa and MasterCard halting payment transaction services for clients of a bank not even on the blacklist. Read More »

Amazon closes third-party store in China over fake cosmetic report

Reuters | March 23, 2014 | International Trade

U.S. e-commerce giant Amazon.com Inc's China unit will strengthen regulation of its online sales channels and has closed down a third-party store, the online retailer said, after state media criticized Amazon and smaller local rival Dangdang for selling fake cosmetics. Read More »

Russia allows US pork imports from Chinese-owned Smithfield

Reuters | March 23, 2014 | International Trade

Russia has allowed U.S. pork imports from two firms of Chinese-owned producer Smithfield Foods Inc after it received additional guarantees, Russia's veterinary watchdog (VPSS) said on its website. Read More »

EU, China end wine dispute ahead of Xi’s European tour

Reuters | March 23, 2014 | International Trade

China and the European Union have reached a deal to end a dispute over European wine exports to China, the latest sign of improving ties and just days before China's president visits Europe. Read More »

South Korea March 1-20 export growth calms global demand fears

Reuters | March 23, 2014 | International Trade

South Korea's exports rose 8.2 percent in the month to date from the same period of last year, sharply up from a 0.7 percent gain for the combined January-February period, customs data showed. Read More »

Taiwan protesters dig in over China trade bill

Reuters | March 23, 2014 | International Trade

Thousands of young people in Taiwan waved banners and shouted slogans, marking the third day of their occupation of parliament to protest against a trade pact with China they fear could further swell Beijing's economic influence. Read More »

EU-US trade pact must be agreed, says Merkel

Reuters | March 20, 2014 | International Trade

German Chancellor Angela Merkel said it was important for the European Union and United States to agree on a trade deal, otherwise Washington would look to other regions of the world for such agreements. Read More »

US CEOs get forum to question top Obama officials over Ukraine

Reuters | March 20, 2014 | International Trade

U.S. business leaders were expected to air concerns over rising tensions with Russia and possible sanctions over its moves to annex Crimea, in a meeting with President Barack Obama's defense secretary and trade representative. Read More »