International Trade

The US economy needs an exports-led boost

Reuters | November 27, 2013 | International Trade

A recent visit by President Obama to an Ohio steel mill underscored his promise to create 1 million manufacturing jobs. On the same day, Commerce Secretary Penny Pritzker announced her department's commitment to exports, saying "Trade must become a bigger part of the DNA of our economy." Read More »

EU says won’t suspend data sharing accords with US

Reuters | November 27, 2013 | International Trade

The European Union backed down from threats to suspend agreements granting the United States access to European data, rejecting calls for a tougher stance over alleged U.S. spying. Read More »

Microsoft blocks censorship of Skype in China

Reuters | November 27, 2013 | International Trade

Microsoft Corp. has made it harder to monitor calls and chats over its Skype phone service in China, a freedom of expression advocacy group said, as the Chinese government steps up censorship of the Internet. Read More »

Airbus aims to overtake Boeing fleet in Latin America next year

Reuters | November 27, 2013 | International Trade

Airbus aims to have more airliners operating in Latin America than its U.S. rival Boeing for the first time next year, the European company's top executive in the region said. Read More »

ThyssenKrupp to sell US plant for $1.97 billion

Reuters | November 27, 2013 | International Trade

ThyssenKrupp will sell its U.S. steel plant to a consortium of ArcelorMittal and Nippon Steel & Sumitomo Metal in a deal worth 200 billion yen ($1.97 billion), Japan's Nikkei newspaper reported in its online edition on Tuesday, without citing sources. Read More »

Forest industry welcomes government’s trade strategy

PR Newswire | November 27, 2013 | International Trade

OTTAWA, Nov. 27, 2013 /CNW/ - The Forest Products Association of Canada (FPAC) appreciates the government's announcement about a Global Markets plan aimed at creating opportunities through trade. This is a welcome complement to current industry efforts to bolster international exports.

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Hyundai Motor looks to new Genesis to lift US sales

Reuters | November 26, 2013 | International Trade

Hyundai Motor unveiled a sleek revamped version of its high-end Genesis sedan in South Korea, a key model along with the upcoming Sonata family car, to revive momentum in its key home and U.S. markets. Read More »

China seeks to boost trade with ex-communist Europe

Reuters | November 26, 2013 | International Trade

China wants to double trading volumes with central and eastern members of the European Union in the next five years, Li Keqiang said on his first visit to the former communist bloc as premier. Read More »

EU to ban fish imports from states linked to illegal trade

Reuters | November 26, 2013 | International Trade

The European Commission proposed an EU-wide ban on fisheries imports from Cambodia, Belize and Guinea, saying they had not done enough to stamp out illegal fishing. Read More »

Ukraine leader to go to EU summit, pro-EU protests continue

Reuters | November 26, 2013 | International Trade

Ukraine said it would not let itself become an East-West 'battleground' and that its president would attend an EU summit to explain why he had walked away from a landmark trade deal in favour of closer cooperation with Moscow. Read More »

Russia says EU criticism over Ukraine shift inappropriate

Reuters | November 26, 2013 | International Trade

President Vladimir Putin's spokesman hit back at the European Union, saying it was wrong to criticise Russia over Ukraine's decision to back away from a trade deal with the EU and draw closer to Moscow. Read More »

WTO talks fail to agree on global trade deal text

Reuters | November 25, 2013 | International Trade

Marathon talks on the World Trade Organization's first-ever worldwide trade reform in Geneva failed to agree on a text to put to ministers who meet in Bali next month. Read More »

Ukraine’s Yanukovich says suspending moves to EU trade deal was difficult

Reuters | November 25, 2013 | International Trade

Ukrainian President Viktor Yanukovich said a decision to suspend moves to sign a landmark trade deal with the European Union had been a difficult one to take and forced by economic necessity. Read More »

Canada, Norway fail to overturn EU ban on seal furs

Reuters | November 25, 2013 | International Trade

Canada and Norway failed to overturn a European Union ban on their seal products when the World Trade Organization ruled the bloc had a right to outlaw imports of the furs on moral grounds. Read More »

EU “strongly disapproves” of Russia’s action over Ukraine

Reuters | November 25, 2013 | International Trade

The European Union's offer to sign a free trade and political association agreement with Ukraine remains on the table despite Kiev's decision to seek closer ties with Russia, the EU's top two officials said. Read More »

China fights back against US accusations of blocking WTO technology deal

Reuters | November 25, 2013 | International Trade

Commerce Minister Gao Hucheng denounced the United States as "irresponsible" after Washington accused China of jeopardizing a deal that aims to cut tariffs on technology products, saying Washington had disappointed participants in the talks. Read More »

H&M aims to pay all textile workers “living wage” by 2018

Reuters | November 25, 2013 | International Trade

Hennes & Mauritz, the world's second-largest clothing retailer, laid out a plan to pay a fair "living wage" to some 850,000 textile workers by 2018, saying governments were acting too slowly. Read More »

Qualcomm faces antitrust probe in China

Reuters | November 25, 2013 | International Trade

Qualcomm Inc said it faces an antitrust probe in China, sending its shares lower as investors worried the investigation could hurt the chipmaker's business in the fast-growing smartphone market. Read More »

VW in delicate dance with German union over Tennessee plant

Reuters | November 25, 2013 | International Trade

Volkswagen AG officials in Germany and the United States are performing a delicate dance with VW's influential German union as they wrestle with the possible representation of workers at the company's plant in Tennessee. Read More »

Nike kick off World Cup shirt war with new Brazil kit

Reuters | November 25, 2013 | International Trade

Nike launched a key battle in its war for shirt supremacy on Sunday when they unveiled the kit Brazil will wear to host the 2014 World Cup. Read More »