International Trade

Free trade, Arctic, Russia may top Obama’s Nordic agenda

Reuters | August 28, 2013 | International Trade

U.S. President Barack Obama's visit to Sweden next week points up the role of a pro-free trade European ally on the edge of a rapidly changing Arctic in a region where Russia is seeking more influence. Read More »

Peru sees trade deficit instead of surplus this year, higher inflation

Reuters | August 28, 2013 | International Trade

Peru will likely post a $720 million trade deficit this year - the first gap in more than a decade - instead of the $644 million surplus the government had forecast in May, the finance ministry said. Read More »

Ukraine PM tells Russia to accept “reality” of EU trade deal

Reuters | August 28, 2013 | International Trade

Ukraine's prime minister, seeking to ward off Russian pressure, urged Moscow to accept his country's drive towards a new trade relationship with the European Union as a "reality". Read More »

EU says China guilty of giving illegal aid to solar industry

Reuters | August 28, 2013 | International Trade

The European Union has warned Beijing it has evidence Chinese solar companies benefit from illegal subsidies, people close to the issue said, but Brussels says it will not take action for now following a deal to defuse the row. Read More »

Fonterra says milk powder held up for tests in Bangladesh

Reuters | August 28, 2013 | International Trade

New Zealand's Fonterra said some of its milk powder products had been held up for chemical testing in Bangladesh, the latest country to stop the company's products at its borders after a food safety scare earlier this month. Read More »

Fonterra products didn’t have botulism bacteria after all, NZ tests show

Reuters | August 28, 2013 | International Trade

Dairy giant Fonterra's products at the centre of a global contamination scare this month did not contain a bacteria that could cause botulism, and posed no food safety threat, New Zealand officials said. Read More »

J&J puts Chinese businesses under one chairman there

AJOT | August 27, 2013 | International Trade

Johnson & Johnson said that the business heads of its three Chinese operations would start reporting to one chairman there next month in an effort to increase sales in that country. Read More »

Mexico moving to grow trade ties with Asia

AJOT | August 27, 2013 | International Trade

Asia could become twice as important to Mexico as an export market over the next five years as the country strengthens trade ties with the fast-growing economies of the region, Mexican Economy Minister Ildefonso Guajardo said. Read More »

Thai exports fall again in July, add to growth concerns

AJOT | August 27, 2013 | International Trade

Thai exports unexpectedly fell in July for the third month in a row, raising concern that lingering weak global demand will make it harder for the country to escape recession. Read More »

​Asia-Pacific trade talks enter final push for deal

AJOT | August 26, 2013 | International Trade

The United States and 11 other countries in the Asia-Pacific have begun a final push to reach a landmark trade deal this year and hope for significant progress by an October meeting of leaders in Bali, the top U.S. trade official said. Read More »

​Indonesia unveils steps to reduce imports, lift investment

AJOT | August 26, 2013 | International Trade

Indonesia's government unveiled an emergency fiscal package to promote foreign investment, reduce imports and prop up its tumbling rupiah currency, as it struggles to revive confidence in Southeast Asia's largest economy. Read More »

​Mexico factory exports flat, consumer imports sag in July

AJOT | August 26, 2013 | International Trade

Mexico's trade deficit narrowed in July as factory exports remained steady but consumer imports sagged amid faltering economic growth in Latin America's No. 2 economy. Read More »

Willbros Signs Asset Purchase Agreement with Elecnor

AJOT | August 26, 2013 | Breakbulk & Projects | International Trade

Willbros Signs Asset Purchase Agreement with Elecnor Read More »

Georgia-Pacific LLC Completes Acquisition of Buckeye Technologies Inc.

AJOT | August 23, 2013 | International Trade

Georgia-Pacific LLC Completes Acquisition of Buckeye Technologies Inc. Read More »

​Argentina July trade surplus shrinks to $770 million

AJOT | August 22, 2013 | International Trade

Argentina's trade surplus shrank by 40 percent in July from a year earlier to $770 million , the government statistics institute said. Read More »

​China group quizzes medical device makers over pricing

AJOT | August 22, 2013 | International Trade

A Chinese industry group is collecting information on the pricing and business practices of foreign and local makers of medical equipment for the government in a survey that sources said was unusual in the amount of detail it sought. Read More »

​.Fonterra halted China-bound milk powder in May

AJOT | August 22, 2013 | International Trade

New Zealand's Fonterra, the world's biggest dairy exporter, caught up in a contamination scandal this month, said it was also forced to withdraw 42 tons of milk powder bound for China because of high nitrite levels. Read More »

​Lilly says deeply concerned by bribery allegations in China

AJOT | August 22, 2013 | International Trade

U.S. drugmaker Eli Lilly and Co said it was "deeply concerned" about allegations published in a Chinese newspaper that it spent more than 30 million yuan ($4.90 million) to bribe doctors in China to prescribe the firm's medicines instead of rival products. Read More »

​Shrinking Spanish trade deficit fans growth hopes

AJOT | August 22, 2013 | International Trade

Spain's trade deficit shrank by nearly 70 percent year on year in the first half of 2013, as demand from emerging markets boosted exports while recession-hit domestic consumers bought fewer foreign goods. Read More »

​Canada asks for new WTO review of US meat labeling rules

AJOT | August 20, 2013 | International Trade

Canada has asked the World Trade Organization to take another look at the United States' rules for labeling meat with its country of origin, seeking to defend its livestock farmers who have lost sales to U.S. packers. Read More »