International Trade

​India relaxes steel import standards

AJOT | August 07, 2013 | International Trade

India said some steel products can be imported for certain critical applications without local quality certification, a move that could further hit domestic suppliers after imports rose 15 percent last fiscal year. Read More »

India to milk advantage from curbs on New Zealand dairy products

AJOT | August 07, 2013 | International Trade

India, the world's biggest milk producer, hopes to seize on a New Zealand dairy product contamination scare to increase its exports and add market share in China and other emerging Asian countries. Read More »

​US GDP likely to get boost from smaller trade gap

AJOT | August 07, 2013 | International Trade

The U.S. economy likely grew faster than initially reported in the second quarter, thanks to a sharp narrowing in the trade deficit to its lowest in more than 3-1/2 years in June as exports touched a record high and imports fell. Read More »

​Canada June trade deficit shrinks, exporters still struggling

AJOT | August 06, 2013 | International Trade

Canada's trade deficit in June shrank as exports grew more than twice as fast as imports but the shortfall for the first half of the year was the second highest on record, reflecting the serious challenges exporters face. Read More »

​Fossil profit beats Street as it sells more in Europe, Asia

AJOT | August 06, 2013 | International Trade

Fashion accessory maker and retailer Fossil Group Inc. reported a better-than-expected quarterly profit as it sold more watches and jewelry in Europe and Asia. Read More »

TEDA, World Trade Center of New Orleans establish ‘direct partnership’

AJOT | August 06, 2013 | International Trade

Officials with the Terrebonne Parish Economic Development Authority (TEDA) and the World Trade Center of New Orleans (WTCNO) have signed a memorandum of understanding (MOU) outlining a cooperative effort to expand international trade and boost manufacturing, distribution, and other enterprises in Terrebonne Parish. Read More »

​US trade gap hits 3-1/2-year low, may boost GDP growth

AJOT | August 06, 2013 | International Trade

The U.S. trade deficit narrowed sharply in June to its lowest in more than 3-1/2 years as imports fell and exports touched a record high, suggesting an upward revision to second-quarter growth. Read More »

​Asia’s exports stutter, missing out on US revival

AJOT | August 05, 2013 | International Trade

The U.S. economy may have stopped sneezing, but Asia's exports are still laid up with a nasty cold. Read More »

​Roche cancer drug suffers patent setback in India

AJOT | August 05, 2013 | International Trade

India has partly revoked patents granted to a Roche Holding AG breast cancer medicine, the Swiss firm said on Sunday, in the latest regulatory setback for western drugmakers trying to crack the fast-growing market. Read More »

US wins trade dispute with China over chicken parts

AJOT | August 05, 2013 | International Trade

The United States won a long-running trade dispute with China on Friday when the World Trade Organization found Beijing had broken global rules by imposing anti-dumping duties on U.S. chicken broiler parts. Read More »

​Terrebonne strengthens economic ties with Weihai, China

AJOT | August 02, 2013 | International Trade

As Kristen Legendre approaches day 30 of her 90-day economic development mission to Weihai City, China, on behalf of the Terrebonne Parish Economic Development Authority (TEDA), she says the most promising prospects include the exportation of U.S. seafood and shipbuilding expertise. Read More »

​US steelmakers seek protection against European products

AJOT | August 02, 2013 | International Trade

A U.S. steel industry group has asked the government trade representative to intervene to protect domestic producers from growing imports of steel products from Europe. Read More »

WTO backs complaint against Chinese duties on US chicken exports

AJOT | August 02, 2013 | International Trade

The United States won a dispute against China at the World Trade Organization on Friday, when a panel of adjudicators found China had broken the WTO rules on at least 16 of 21 counts brought up in the U.S. complaint. Read More »

​EU signs off on China solar deal, no state votes against

AJOT | August 02, 2013 | International Trade

European Union officials endorsed a deal to settle a dispute with China over solar panels, the biggest trade row to date between the two powers, after winning almost unanimous backing from member states. Read More »

​Full report on manufacturers’ shipments, inventories and orders

AJOT | August 02, 2013 | International Trade

Summary. New orders for manufactured goods in March, down two of the last three months, decreased $19.5 billion or 4.0 percent to $467.3 billion, the U.S. Census Bureau reported today. This followed a 1.9 percent February increase. Excluding transportation, new orders decreased 2.0 percent. Read More »

​GM splits China from international unit, hires former Volvo CEO

AJOT | August 02, 2013 | International Trade

General Motors Co said it has split the critical China operations from its international unit, which will now be run by the former chief executive of Swedish automaker Volvo. Read More »

​India eases retail sector rules to lure foreign supermarkets

AJOT | August 02, 2013 | International Trade

India relaxed sourcing and investment rules for the retail sector in a renewed attempt to attract foreign supermarket chains such as Wal-Mart Stores and Tesco. Read More »

India revokes GSK cancer drug patent in latest Big Pharma blow

AJOT | August 02, 2013 | International Trade

India has revoked a patent granted to GlaxoSmithKline Plc for breast cancer drug Tykerb, a decision that follows a landmark India court ruling disallowing patents for incremental innovations that was a blow to global pharmaceutical firms. Read More »

​Move over Bordeaux: French premium winemakers eye China vintage

AJOT | August 02, 2013 | International Trade

In a few remote corners of China, two of France's top winemakers have more on their minds than a trade row with their most promising export market. Read More »

​US to keep zero-duty access to EU high-quality beef market

AJOT | August 02, 2013 | International Trade

The European Union will continue to import high-quality U.S. beef from non-hormone-treated cattle at zero duty, extending an agreement for at least another two years, U.S. authorities said. Read More »