International Trade

WTO closes in on landmark trade reform

Reuters | November 21, 2013 | International Trade

The World Trade Organization is close to the first worldwide trade reform since it was formed 18 years ago, diplomats and trade officials said on Wednesday, as marathon negotiations defused some of the most complex disputes. Read More »

SABMiller says emerging market beer drinkers driving growth

Reuters | November 21, 2013 | International Trade

SABMiller, the world's second-largest brewer, said emerging markets would continue to drive sales and earnings while European and North American consumers drink less beer. Read More »

China, EU agree to start talks on investment treaty

Reuters | November 21, 2013 | International Trade

China and the European Union will begin talks on a landmark treaty aimed at boosting investment that lags behind burgeoning trade and at tackling thorny market access issues, the two sides announced at a summit. Read More »

Russia welcomes Ukraine’s desire to develop ties

Reuters | November 21, 2013 | International Trade

President Vladimir Putin's spokesman said on Thursday that Russia welcomed Kiev's desire to improve trade ties with Moscow, signaling satisfaction with a Ukrainian government decision to suspend preparations for a landmark trade pact with the European Union. Read More »

EU imposes duties on biodiesel from Argentina, Indonesia

Reuters | November 21, 2013 | International Trade

The European Union will impose punitive duties on imports of biodiesel from Argentina and Indonesia for the next five years after ruling that producers there were selling into the bloc at unfairly low prices. Read More »

Trade war “unavoidable” if EU airline emissions plan blocked

Reuters | November 21, 2013 | Air Cargo | International Trade

Failure by the European Union to soften a law to charge foreign airlines for their emissions will make an international trade war unavoidable, a German lawmaker steering the plan through the European Parliament said. Read More »

US trade official dodges currency issues for Pacific deal

Reuters | November 20, 2013 | International Trade

U.S. Trade Representative Michael Froman sidestepped the question of whether concerns about currency manipulation could be included in a U.S. trade pact with 11 Pacific Rim countries that is supposed to be completed by the end of the year. Read More »

Clock runs out for US trade promotion bill this year

Reuters | November 20, 2013 | International Trade

The Obama administration's hopes of securing "fast-track" trade negotiating authority from Congress this year look certain to be dashed given the limited time left on the congressional calendar, the No. 2 House Democrat said. Read More »

US ambassador to China Gary Locke to step down

Reuters | November 20, 2013 | International Trade

The U.S. ambassador to China, Gary Locke, whose term was marked by a dramatic diplomatic row over the fate of a human rights activist, said he would step down from his role early next year, for personal reasons. Read More »

Mazda’s new Mexico plant a key foreign base, to start January

Reuters | November 20, 2013 | International Trade

Mazda Motor Corp will begin production at its new Mexico factory in January, the carmaker's chief said, describing the plant as a key foreign base for the Japanese company as it pares its reliance on domestic output. Read More »

Japan economy gets fresh impetus as exports log biggest rise in 3 years

PR Newswire | November 20, 2013 | International Trade

A surge in car shipments spurred Japanese exports to their biggest annual increase in three years in October, suggesting a gradual pick up in global demand will help underwrite a sustainable recovery in the world's third-largest economy. Read More »

China’s Xi calls on EU leaders to open to Chinese business

Reuters | November 20, 2013 | International Trade

Chinese President Xi Jinping called on European Union leaders to eschew protectionism and create a more healthy environment for Chinese businesses during the first EU-China summit since Xi's government took power earlier this year. Read More »

Taiwan export orders rise for 4th month, lift outlook for tech firms

Reuters | November 20, 2013 | International Trade

Taiwan's export orders climbed for a fourth straight month fueled by consumer demand in key markets, the United States and China, that has helped lift the outlook for its technology manufacturers this festive season. Read More »

Hundreds of Chinese Nokia workers protest at Microsoft deal

Reuters | November 20, 2013 | International Trade

Hundreds of workers massed outside a Nokia factory in southern China to protest against what they called unfair treatment following the sale of the company's mobile phones business to Microsoft Corp. Read More »

China rejects US corn cargo due to unapproved GMO variety

Reuters | November 19, 2013 | International Trade

China, one of the world's largest corn importers, has rejected a cargo of the grain from the United States as it contained a genetically modified variety that has not been approved by Beijing, traders said. Read More »

After huge orders, Airbus and Boeing sign Gulf supply deals

Reuters | November 19, 2013 | Air Cargo | International Trade

Airbus and Boeing agreed to triple purchases of parts and materials from Abu Dhabi in deals worth over $5 billion, as Gulf states seek a reciprocal boost to their economies from huge orders they have placed with the planemakers. Read More »

In China’s smartphone boom, market share trumps margins

Reuters | November 19, 2013 | International Trade

Savvy U.S. chipmakers are hitching their wagons to Chinese smartphone makers, willing to sacrifice profit margins to boost sales volumes in the world's second-largest mobile phone market. Read More »

Australian kangaroo exporters look to hop into meat-hungry China

Reuters | November 19, 2013 | International Trade

Once considered pet food, kangaroo meat could soon be sold to China as a luxury product, to encourage Chinese consumers to do something few Australians will - eat it. Read More »

Japan not ready yet to pass non-tariff barrier test

Reuters | November 19, 2013 | International Trade

Japan still has work to do in tearing down non-tariff barriers faced by European Union companies ahead of a decisive review of EU-Japan trade talks next April, the EU trade chief said. Read More »

Myanmar turns to Japan, Thailand to kick-start stalled Dawei

Reuters | November 19, 2013 | International Trade

Myanmar is set to wrest control of its Dawei industrial complex from Thai company Italian Thai Development over its failure to attract investors to a strategically located, multi-billion dollar project tipped as a game-changer for regional trade. Read More »