International Trade

​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 »

​Global cognac sales rise 7.3% on North America and Asia

AJOT | August 13, 2013 | International Trade

Global cognac sales rose 7.3 percent to 2.44 billion euros ($3.24 billion) in the last 12 months as solid demand from North America and Asia made up for a slump in Western Europe, the BNIC industry body said. Read More »

​Narrowing trade gap fuels British recovery hopes

AJOT | August 13, 2013 | International Trade

Britain's trade deficit narrowed sharply in June while second quarter construction output grew faster than an official estimate, adding to signs the country's economic recovery is moving onto a more sustainable footing. Read More »

​Whirlpool buys 51% stake in China white goods maker

AJOT | August 13, 2013 | International Trade

Home appliance maker Whirlpool Corp said it will acquire a controlling stake in Hefei Rongshida Sanyo Electric Co Ltd for $552 million to expand in China's fast-growing market for washing machines and fridges. Read More »

​Yum feeling the heat in China as July sales tumble

AJOT | August 13, 2013 | International Trade

The heat seems to be getting to KFC parent Yum Brands Inc in China, after the fast-food chain saw China sales slide in July, with some market watchers saying a lack of focus on cooling drinks and ice cream meant diners looked elsewhere as record hot weather gripping the country. Read More »

​Archer Daniels Midland says late U.S. harvest will keep crop supplies tight

AJOT | August 12, 2013 | International Trade

Archer Daniels Midland (ADM) earnings fall in quarter ended June 30th. Delayed U.S. harvest will keep corn, soy supplies tight Read More »

​Bubblies set to rise 56 percent

AJOT | August 12, 2013 | International Trade

Champagne production forecast up 56% from 2012 but producers still fear unexpected weather events. Read More »

​Dole’s On the Road To Private Ownership

AJOT | August 12, 2013 | International Trade

Dole's CEO raises offer to $13.50 per share from earlier offer of $12 but the Company has 30-day "go-shop" period to solicit other bids Read More »

​U.S. economic growth gauge highest in over three years: ECRI

AJOT | August 12, 2013 | International Trade

A measure of future U.S. economic growth edged up last week to the highest in over three years, while the annualized growth rate improved to its highest in over a month, a research group said on Friday (Aug. 9th). Read More »

​Japan growth slows in 2nd Qtr

AJOT | August 12, 2013 | International Trade

A Reuters report said Japan's economic growth slowed more than expected in the second quarter, offering ammunition to those seeking to temper a planned sales-tax increase even as government debt has risen past 1,000 trillion yen ($10.4 trillion). Read More »

​Retailers report higher sales for July

AJOT | August 12, 2013 | International Trade

Reuters is reporting that eleven retailers that still release monthly sales figures for stores open at least a full year reported a combined 3.9 percent gain, missing the 4.4 percent increase analysts expected, according to Thomson Reuters. Read More »

​China poised to become the world’s largest net oil importer later this year

AJOT | August 09, 2013 | International Trade

EIA's August 2013 Short-Term Energy Outlook (STEO) forecasts that China's net oil imports will exceed those of the United States by October 2013 on a monthly basis and by 2014 on an annual basis, making China the largest importer of oil in the world. Read More »

​EPA Maintains Key RFS Volumes for 2013, Signals Potential Changes to 2014 Volumes

AJOT | August 09, 2013 | International Trade

The United States Environmental Protection Agency (EPA) announced the finalization of its proposed Renewable Fuel Standard (RFS) volume requirements for 2013 for conventional biofuels, cellulosic biofuels, and the total amount of Advanced Biofuels. EPA had previously finalized the 2013 volume requirements for biomass-based diesel at 1.28 billion gallons. Read More »

​US Wholesale Inventories Fall in June

AJOT | August 09, 2013 | International Trade

U.S. wholesale inventories unexpectedly fell for a second straight month in June, prompting economists to trim their second-quarter economic growth estimates. Read More »