International Trade

Heinz says Brazil, China deals exceed expectations

AJOT | August 30, 2011 | International Trade

H J Heinz Co's recent acquisitions in Brazil and China are doing better than expected as the food maker works on boosting its business around the globe, Chairman and Chief Executive William Johnson said.

During the ketchup maker's annual shareholders Read More »

Top economies saw trade growth dwindle in Q2-OECD

AJOT | August 30, 2011 | International Trade

A sharp slowdown in merchandise trade growth hit major world economies in the second quarter of 2011, affecting both imports and exports, the Organization for Economic Cooperation and Development said.

The deceleration in import and export growth affe Read More »

Ukraine says to seek trade compromise with Russia

AJOT | August 29, 2011 | International Trade

Ukraine will seek a compromise trade deal with ex-Soviet overlord Russia, Ukrainian President Viktor Yanukovich said after Moscow told Kiev to either join its regional customs union or risk a trade war.

Russian President Dmitry Medvedev ruled out a sp Read More »

German electronics sector slows after record exports

AJOT | August 29, 2011 | International Trade

Germany's electronics industry growth is expected to slow down after exports grew by a record 11 percent in the first six months of the year thanks to strong demand in China and the United States.

"Speed and dynamics of growth will normalise in the se Read More »

US steel imports fall in July over June

AJOT | August 29, 2011 | International Trade

US steel imports declined in July compared to June by 4.5 percent according to preliminary government data. 'Imports from Canada and semifinished imports declined in July compared to June reflecting weakening conditions in July as prices softened in resp Read More »

Chicago groups sound alarm on Pacific trade pact

AJOT | August 29, 2011 | International Trade

An umbrella group of activists opposed to a proposed U.S. trade deal with eight countries in the Asia Pacific region said they aim to raise public awareness of its potential effects on jobs and the environment when negotiators meet next month in Chicago. Read More »

Premium Article  Is the US Losing Latin America?

George Lauriat | August 28, 2011 | International Trade

Through a succession of both Democrat & Republican Congresses and Presidencies, bids for Free Trade Agreements (FTAs) and other proposals for closer economic ties in Latin America have languished in Washington’s increasingly acrimonious atmosphere. The Read More »

Premium Article  South American needs more regional integration

Peter Buxbaum | August 28, 2011 | International Trade

UN agency has a plan

At one time, it appeared as if South America was well on its way toward economic integration, a position which would benefit the region in its trade relations with the rest of the world, especially Asia Pacific. The customs Read More »

Premium Article  Mexico: An emerging manufacturing hub

Peter Buxbaum | August 28, 2011 | International Trade

Auto sector in leads growth south of the border
Mexico has received some negative press reports of late over ongoing drug-gang violence, yet leading global manufacturers continue to locate and expand their operations in that country. Perhaps Read More »

Premium Article  Opportunities in Colombia await US. FTA

Karen Thuermer | August 28, 2011 | International Trade

Until the U.S. Congress resumes from its August vacation, no one knows if and when the United States will sign a free trade agreement (FTA) with Colombia.

A nation to which the United States is its No. 1 trade partner, Colombia is the third largest ec Read More »

Premium Article  Caribbean transhipment initiative sharpens up North/South trade potential

Paul Richardson | August 28, 2011 | International Trade | Liner Shipping

The widening of the Panama Canal, scheduled for completion in 2014, will increase capacity and in turn the importance of Caribbean transhipment hubs like Kingston Jamaica. The Suez services are already competitive, handling the larger boxships. With a Read More »

Premium Article  Vale creates logistics firm, denies IPO plans

AJOT | August 28, 2011 | Breakbulk & Projects | International Trade | Liner Shipping | Transport Intermediaries

Brazil's Vale said it has created a new logistics company for cargo transport, but it denied media reports it is planning to sell stock in the unit in a spin-off.

Vale, the world's largest iron ore producer, has extensive rail, port and shipping facil Read More »

Premium Article  Argentina July trade surplus shrinks 22%

AJOT | August 28, 2011 | International Trade

Argentina's trade surplus shrank 22 percent in July from a year earlier to $672 million as import growth continued to outpace that of exports, the government said.

The country's July primary budget surplus was 388 million pesos ($88.8 million), down s Read More »

Premium Article  Currency spike pushes Latin America toward protectionism

AJOT | August 28, 2011 | International Trade

Latin America could launch a wave of protectionism as a surge in the value of local currencies exposes the region to an influx of cheap foreign imports and threatens jobs.

Policymakers in countries like Brazil, Peru and Chile have watched the real, th Read More »

China vows to appeal raw materials WTO case

AJOT | August 24, 2011 | International Trade

China vowed to appeal a recent World Trade Organization ruling against its raw materials export policy, a case that could threaten Beijing's handling of rare earths.

In July, a WTO legal panel dismissed China's claim that its system of export duties a Read More »

Russia rules out compromise trade deal with Ukraine

AJOT | August 24, 2011 | International Trade

Russian President Dmitry Medvedev ruled out a compromise deal with Ukraine which would have allowed Kiev to pursue free trade pacts with the European Union and a Russian-led regional bloc.

Medvedev said that to secure access to Russia's market and a m Read More »

FTR Shippers Condition Index improves slightly

AJOT | August 21, 2011 | International Trade

FTR Associates' Shippers Condition Index (SCI) as reported in the August Shippers Update edged up in June to a current reading of -3.1. The SCI sums up all market influences that affect shippers; a reading above zero suggests a favorable shipping environm Read More »

China Mobile talking to Apple on iPhones

AJOT | August 21, 2011 | International Trade

China Mobile said it hoped to launch Apple iPhones soon to accelerate uptake of high-end 3G services as it reported first-half profit at the top end of expectations.

The world's largest mobile operator by subscribers said it has met with Apple chief e Read More »

US, EU urge Philippines comply on WTO alcohol ruling

AJOT | August 21, 2011 | International Trade

The United States and European Union urged the Philippines to quickly comply with a new World Trade Organization ruling by ending a discriminatory tax system against foreign alcoholic beverages like Jack Daniel's and Spain's Brandy de Jerez.

"The pane Read More »

US steel exports drop in June from May

AJOT | August 21, 2011 | International Trade

Exports of steel declined in June from May be 4.2% according to government data. 'Declines in exports to NAFTA and Asia reflect more than the total decline. Softening market conditions in NAFTA in June, along with lower exports to the smaller export marke Read More »