International Trade

​Canada wholesale trade falls 2.8%, all subsectors down

AJOT | August 20, 2013 | International Trade

Canadian wholesale trade in June unexpectedly dropped by 2.8 percent from May, dragged down in part by sharply lower sales of agricultural supplies, Statistics Canada data indicated. Read More »

​Taiwan July export orders surprisingly rebound on China, US demand

AJOT | August 20, 2013 | International Trade

Taiwan's export orders surprisingly rebounded in July after five straight months of contraction bolstered by demand in China and the United States, pointing to stronger retail demand for Asian exporters in the third quarter. Read More »

​Ukraine says Russia has scrapped extra checks on imports

AJOT | August 20, 2013 | International Trade

Russia has scrapped laborious extra customs checks on imports from Ukraine, Kiev said, just days after applying them in a signal to its ex-Soviet neighbour to align itself more closely with Moscow. Read More »

​China bans more dairy products on contamination scare

AJOT | August 19, 2013 | International Trade

More New Zealand milk products sold to China have been banned after elevated levels of nitrates were found, raising further concerns over quality and testing in the world's largest dairy exporter in the wake of a contamination scare earlier this month. Read More »

​Russia readies tighter customs if Ukraine signs EU deal

AJOT | August 19, 2013 | International Trade

Russia is preparing tighter customs controls with Ukraine in case Kiev makes the "suicidal" move of signing an association agreement with the European Union, an aide to President Vladimir Putin was quoted as saying. Read More »

​US pushes for more access to Japan auto, insurance markets

AJOT | August 19, 2013 | International Trade

The United States urged Japan to open its auto and insurance markets more to foreign companies as the two countries pursue bilateral talks linked to a broader free-trade agreement that covers two-fifths of the globe. Read More »

​China’s new economic zone fails to draw HK property tycoons

AJOT | August 16, 2013 | International Trade

A much-hyped land auction in a developing free-trade zone in southern China failed to attract any of Hong Kong's powerful property developers, signaling growing investor caution towards the ambitious $45 billion project. Read More »

​EU requests WTO panel on Chinese duties on steel tubes

AJOT | August 16, 2013 | International Trade

The European Union has asked the World Trade Organization to rule in a dispute over Chinese anti-dumping duties on imports of high-performance stainless steel seamless tubes from the EU. Read More »

​Euro zone trade surplus widens in June, inflation flat in July

AJOT | August 16, 2013 | International Trade

The euro zone's trade surplus widened in June from a year earlier and from the previous month as imports continued to fall, the EU's statistics office Eurostat said. Read More »

​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 »