International Trade

US outlines steps for Bangladesh to restore trade benefits

AJOT | July 21, 2013 | International Trade

The US Trade Representative's Office outlined a series of steps that it urged Bangladesh to take to improve factory conditions and workers rights in order to have US trade benefits restored. Read More »

US steel pipe case against nine countries faces first hurdle

AJOT | July 21, 2013 | International Trade

The U.S. Commerce Department will decide whether to launch an investigation into charges that South Korea and eight other countries are selling about $1.8 billion of steel pipe in the United States at unfairly low prices, the department said. Read More »

Wind turbine battleground shifts for European and Chinese rivals

AJOT | July 21, 2013 | International Trade

European and Chinese wind turbine makers are poised to do battle away from their domestic markets as the focus in the 60 billion euro ($79 billion) industry shifts to North America, Brazil and India. Read More »

Bajaj Auto profit propped up by weak rupee

AJOT | July 18, 2013 | International Trade

Bajaj Auto, India's second-largest motorcycle maker, reported a flat first-quarter profit that matched expectations as its exports benefited from a weaker rupee, offsetting sluggish sales volumes. Read More »

CBI says Wal-Mart violated investment rules

AJOT | July 18, 2013 | International Trade

Wal-Mart Stores Inc. violated Indian rules governing foreign investment, the Central Bureau of Investigation (CBI) said in a letter to a member of parliament seen by Reuters. Read More »

EU says global imbalances shrinking, more action needed

AJOT | July 18, 2013 | International Trade

The European Union will tell the world's financial leaders that global trade, savings and competitiveness imbalances have diminished, but that they must take decisive action to make sure they don't increase again. Read More »

Exports to US will compensate for weak China

AJOT | July 18, 2013 | International Trade

German exporters believe the strength of the U.S. economy will more than compensate for China's relative weakness in terms of demand for German products, the head of Germany's BGA trade association told Reuters. Read More »

Former CIA boss says aware of evidence Huawei spying for China

AJOT | July 18, 2013 | International Trade

The former head of the U.S. Central Intelligence Agency said he is aware of hard evidence that Huawei Technologies Co Ltd has spied for the Chinese government, the Australian Financial Review newspaper reported. Read More »

France’s Sodiaal courts China in dairy export drive

AJOT | July 18, 2013 | International Trade

Sodiaal aims to tap into galloping Chinese demand for infant formula through a joint venture with Synutra International, as France's largest dairy cooperative bets on export demand to ease pressure from a low-margin European milk market. Read More »

Halt to EU poultry export refunds raises outcry in France

AJOT | July 18, 2013 | International Trade

A European Union move to scrap export refunds on poultry has raised an outcry in France, the main beneficiary of the subsidies, as firms said international competition had stiffened and that the decision would lead to job losses. Read More »

Lawmakers press US trade representative on currency

AJOT | July 18, 2013 | International Trade

Lawmakers urged the White House to step up efforts to win approval of "trade promotion authority," which is needed to wrap up trade deals and to respond to congressional concerns about foreign currency practices. Read More »

Textile and clothing exports from South-East Asia declined sharply in 2012

AJOT | July 18, 2013 | International Trade

Textile and clothing exports from member countries of the Association of Southeast Asian Nations (Asean) declined sharply in 2012, according to a report in Issue No 162 of Textile Outlook International from the global business information company Texti Read More »

US ‘dismayed’ by Chinese duties on US polysilicon

AJOT | July 18, 2013 | International Trade

The United States said it was very disappointed with a Chinese government decision to slap duties on imports of U.S. solar-grade polysilicon when the countries are in midst of talks aimed at solving broader solar trade concerns. Read More »

Whirlpool profit surges as sales rebound

AJOT | July 18, 2013 | International Trade

Whirlpool Corp posted a stronger-than-expected jump in quarterly profit and raised its full-year outlook, citing sales gains in all of its markets, including Europe and North America. Read More »

Asian economies struggling to reignite growth while exports sag

AJOT | July 17, 2013 | International Trade

Emerging Asia will show little increase in economic growth rates this year due to weak exports, with China giving more priority to making needed reforms, and India tightening policies to defend its beleaguered rupee, Reuters polls showed. Read More »

Britain to review security at Huawei cyber center

AJOT | July 17, 2013 | International Trade

Britain will review security at a cyber centre in southern England run by China's Huawei to ensure that the British telecommunications network is protected, the government said. Read More »

Canada May wholesale trade jumps on food, farm supplies

AJOT | July 17, 2013 | International Trade

Canadian wholesale trade grew by a stronger-than-expected 2.3 percent in May from April, the biggest monthly jump since January 2011, due mainly to higher sales of fertilizer and food, Statistics Canada said. Read More »

China hits US, South Korea with solar material duties, skirts EU decision

AJOT | July 17, 2013 | International Trade

China's Commerce Ministry issued preliminary anti-dumping duties on imports of U.S. and South Korean solar-grade polysilicon, but made no decision on tariffs on European Union exports of the raw material used to make solar panels. Read More »

Fiat’s Italian suppliers grab Chrysler lifeline

AJOT | July 17, 2013 | International Trade

In 2010 Italian carmaker Fiat made Dario Rinero a tempting offer: would the creator of exclusive handcrafted leather sofas make seats for the new Chrysler 300 sedan in the United States? Read More »

Include bank rule conflicts in trade talks, EU tells US

AJOT | July 17, 2013 | International Trade

A conflict over a US plan to force foreign banks to hold more capital should be part of talks about a free trade agreement between the United States and the European Union, a top EU official said. Read More »