International Trade

​.Fonterra halted China-bound milk powder in May

AJOT | August 22, 2013 | International Trade

New Zealand's Fonterra, the world's biggest dairy exporter, caught up in a contamination scandal this month, said it was also forced to withdraw 42 tons of milk powder bound for China because of high nitrite levels. Read More »

​Lilly says deeply concerned by bribery allegations in China

AJOT | August 22, 2013 | International Trade

U.S. drugmaker Eli Lilly and Co said it was "deeply concerned" about allegations published in a Chinese newspaper that it spent more than 30 million yuan ($4.90 million) to bribe doctors in China to prescribe the firm's medicines instead of rival products. Read More »

​Shrinking Spanish trade deficit fans growth hopes

AJOT | August 22, 2013 | International Trade

Spain's trade deficit shrank by nearly 70 percent year on year in the first half of 2013, as demand from emerging markets boosted exports while recession-hit domestic consumers bought fewer foreign goods. Read More »

​Canada asks for new WTO review of US meat labeling rules

AJOT | August 20, 2013 | International Trade

Canada has asked the World Trade Organization to take another look at the United States' rules for labeling meat with its country of origin, seeking to defend its livestock farmers who have lost sales to U.S. packers. Read More »

​Canada wholesale trade falls 2.8%, all subsectors down

AJOT | August 20, 2013 | International Trade

Canadian wholesale trade in June unexpectedly dropped by 2.8 percent from May, dragged down in part by sharply lower sales of agricultural supplies, Statistics Canada data indicated. Read More »

​Taiwan July export orders surprisingly rebound on China, US demand

AJOT | August 20, 2013 | International Trade

Taiwan's export orders surprisingly rebounded in July after five straight months of contraction bolstered by demand in China and the United States, pointing to stronger retail demand for Asian exporters in the third quarter. Read More »

​Ukraine says Russia has scrapped extra checks on imports

AJOT | August 20, 2013 | International Trade

Russia has scrapped laborious extra customs checks on imports from Ukraine, Kiev said, just days after applying them in a signal to its ex-Soviet neighbour to align itself more closely with Moscow. Read More »

​China bans more dairy products on contamination scare

AJOT | August 19, 2013 | International Trade

More New Zealand milk products sold to China have been banned after elevated levels of nitrates were found, raising further concerns over quality and testing in the world's largest dairy exporter in the wake of a contamination scare earlier this month. Read More »

​Russia readies tighter customs if Ukraine signs EU deal

AJOT | August 19, 2013 | International Trade

Russia is preparing tighter customs controls with Ukraine in case Kiev makes the "suicidal" move of signing an association agreement with the European Union, an aide to President Vladimir Putin was quoted as saying. Read More »

​US pushes for more access to Japan auto, insurance markets

AJOT | August 19, 2013 | International Trade

The United States urged Japan to open its auto and insurance markets more to foreign companies as the two countries pursue bilateral talks linked to a broader free-trade agreement that covers two-fifths of the globe. Read More »

​China’s new economic zone fails to draw HK property tycoons

AJOT | August 16, 2013 | International Trade

A much-hyped land auction in a developing free-trade zone in southern China failed to attract any of Hong Kong's powerful property developers, signaling growing investor caution towards the ambitious $45 billion project. Read More »

​EU requests WTO panel on Chinese duties on steel tubes

AJOT | August 16, 2013 | International Trade

The European Union has asked the World Trade Organization to rule in a dispute over Chinese anti-dumping duties on imports of high-performance stainless steel seamless tubes from the EU. Read More »

​Euro zone trade surplus widens in June, inflation flat in July

AJOT | August 16, 2013 | International Trade

The euro zone's trade surplus widened in June from a year earlier and from the previous month as imports continued to fall, the EU's statistics office Eurostat said. Read More »

​US boosted by digital trade but internet barriers remain

AJOT | August 16, 2013 | International Trade

A new U.S. government report highlighted both the growing importance of digital trade to the United States and a long list of trade barriers that American internet and other online companies face around the world. Read More »

​Germany poised to overtake US as world’s No.2 exporter this year

AJOT | August 15, 2013 | International Trade

Germany could overtake the United States to become the world's second-biggest exporter this year, but its share of global trade is likely to dip as its exports lag global expansion, German chambers of commerce said on Thursday. Read More »

​NITL seeks clarification on China tax

AJOT | August 15, 2013 | International Trade

In response to confusion over the scope and application of a new business value-added tax (VAT) enacted by the People's Republic of China (PRC), the National Industrial Transportation League (NITL) has requested assistance from the U.S. Government in obtaining clarifications on the VAT from the Chinese government. Read More »

​Russia tightens customs rules to force Ukraine into union

AJOT | August 15, 2013 | International Trade

It began with chocolates but now Moscow has tightened checks on all imports from Ukraine in what some say is an attempt to dissuade its neighbor from turning towards Europe and away from its former Soviet ally. Read More »

​US sets shrimp duties on 5 countries, spares Thailand, Indonesia

AJOT | August 14, 2013 | International Trade

The U.S. Commerce Department set final duties on billions of dollars of shrimp from four Asian countries and Ecuador to offset foreign government subsidies, but spared major suppliers Thailand and Indonesia from the import tax. Read More »

​China solar panel exports to ease on EU curbs

AJOT | August 13, 2013 | International Trade

Major Chinese solar panel makers such as Canadian Solar Inc recorded buoyant shipments in the April-June period as they raced to rev up sales ahead of EU restrictions on Chinese exports, but sales have eased in the current quarter. Read More »

​Europe’s slowdown forces Finland to turn to Russia again

AJOT | August 13, 2013 | International Trade

After decades of pursuing trade with western Europe, Finland is becoming dependent on Russia again as that country's burgeoning middle class and wealthy investors provide opportunities for growth lacking in recession-hit Europe. Read More »