International Trade

US, EU start free-trade talks despite spying concerns

AJOT | July 08, 2013 | International Trade

One of HANSA HEAVY LIFT's P2-class vessels has lifted the heaviest cargo since the foundation of the company in June 2011. Read More »

Canada May trade deficit shrinks as both imports, exports drop

AJOT | July 02, 2013 | International Trade

Canada's trade deficit shrank by almost 70 percent in May from April but only because imports fell twice as fast as exports did, Statistics Canada said in a downbeat report. Read More »

France urges delay to EU-US trade talks

AJOT | July 02, 2013 | International Trade

France said free-trade talks between the European Union and the United States should be delayed by two weeks given tensions over media reports that Washington is spying on the 28-nation bloc. Read More »

Germany says EU-US free trade talks should go ahead

AJOT | July 02, 2013 | International Trade

Germany said that free-trade talks between the European Union and United States should begin as planned next week, despite a French call that the negotiations be delayed amid reports Washington is spying on the 28-nation bloc. Read More »

NBA’s Wade in China to promote sneakers, but supply is short

AJOT | July 02, 2013 | International Trade

The Miami Heat's Dwyane Wade visited China for the first time since signing a multi-million dollar contract with Chinese sportswear company Li Ning last year, but the sneakers that bear his name are in short supply. Read More »

US International Trade in goods and services

AJOT | July 02, 2013 | International Trade

The U.S. Census Bureau and the U.S. Bureau of Economic Analysis, through the Department of Commerce, announced today that total January exports of $184.5 billion and imports of $228.9 billion resulted in a goods and services deficit of $44.4 billion, up f Read More »

US jobs data upbeat, trade deficit widens

AJOT | July 02, 2013 | International Trade

U.S. private employers stepped up hiring in June and new applications for unemployment benefits fell for a second straight week last week, pointing to improving labor market conditions. Read More »

US steel pipe firms seek anti-dumping duty on 9 nations

AJOT | July 02, 2013 | International Trade

A group of steel pipe makers in the United States has urged the U.S. International Trade Commission to consider imposing anti-dumping duties on what they say is a flood of unfairly traded products from nine countries. Read More »

Indonesia cuts wheat flour import tariff plan to two years

AJOT | July 01, 2013 | International Trade

Indonesia has cut its plan for an indefinite extension of a temporary wheat flour import tariff to two years after talks with suppliers, a trade industry ministry official said. Read More »

New Worldwatch Institute study examines conventional and alternative vehicle trends

AJOT | July 01, 2013 | International Trade

World auto production set yet another record in 2012 and may rise even higher during 2013. According to London-based IHS Automotive, passenger-car production rose from 62.6 million in 2011 to 66.7 million in 2012, and it may reach 68.3 million in 2013. Read More »

Germany says Cold War tactics don’t help EU-US trade talks

AJOT | June 30, 2013 | International Trade

Germany said if media reports of large-scale U.S. spying on the European Union were confirmed, it would be unacceptable Cold War-style behaviour between partners who require trust to forge a new transatlantic trade area. Read More »

Obama seeks to build Africa business ties on Tanzania stop

AJOT | June 30, 2013 | International Trade

President Barack Obama is seeking to build a new economic partnership with Africa as he visits Tanzania at the end of a tour of the fast-growing continent where Washington faces competition from China. Read More »

Obama sees no threat in China rivalry for Africa business

AJOT | June 30, 2013 | International Trade

The United States does not feel threatened by the growth of trade and investment in Africa by China and other emerging powers, U.S. President Barack Obama said. Read More »

WTO refuses Indian request to throw out US trade dispute

AJOT | June 30, 2013 | International Trade

India has failed to persuade the World Trade Organization (WTO) to dismiss a trade complaint brought by the United States, according to a preliminary ruling published on the WTO's website. Read More »

South Korea June exports to China, US, EU rise

AJOT | June 30, 2013 | International Trade

South Korea's exports to its three key markets rose in June from a year earlier, the trade ministry said, even as overall shipments for the month declined. Read More »

Argentina, Brazil to liberalize auto trade after talks stall

AJOT | June 27, 2013 | International Trade

Argentina and Brazil have failed to reach an agreement extending a car trade pact before a June 30 deadline and will therefore revert to more liberal bilateral commerce while they work on alternatives, a Brazilian government official told Reuters. Read More »

Chile May manufacturing down 4.2% yr/yr

AJOT | June 27, 2013 | International Trade

Chilean manufacturing production fell 4.2 percent in May from a year ago due to a high base of comparison and a drop in the production of chemical and metal products and wine, government data showed. Read More »

EU opens new front in China trade battle with stone case

AJOT | June 27, 2013 | International Trade

The European Union has opened a new front in its trade battle with China by launching an investigation into alleged dumping by Chinese producers of stone used for counter tops and tiles. Read More »

GM takes on the Toyota Republic

AJOT | June 27, 2013 | International Trade

Diana Shipping Inc., a global shipping company specializing in the ownership and operation of dry bulk vessels, today announced that it has entered into a time charter contract with Cargill International S.A., Geneva, through a separate wholly-owned subsi Read More »

Canadian export confidence edges up in first half of 2013

AJOT | June 26, 2013 | International Trade

Canadian exporter confidence, which the country's new central bank chief says is a prerequisite for full economic recovery, edged up in the first half of 2013, Canada's export credit agency said on Thursday. Read More »