International Trade

South Korea to resume imports of Canada beef after 8-year gap

AJOT | June 27, 2011 | International Trade

South Korea said it will resume imports of Canadian beef suspended in 2003 after an outbreak of mad cow disease, agreeing to allow meat from cows younger than 30 months old.

A wider choice of beef imports may help tame inflation in Asia's fourth-large Read More »

WTO rules against Philippines’ spirits tax

AJOT | June 27, 2011 | International Trade

Taxes levied by the Philippines on alcoholic drinks from the European Union and United States are illegal under global trade rules, the world's trade dispute body ruled on Monday, according to sources close to the case. Read More »

Russia, EU sign deal to end vegetable trade ban

AJOT | June 26, 2011 | International Trade

Russia and the European Union signed a deal agreeing conditions for the resumption of EU fresh vegetable imports to Russia, which banned them because of a deadly E.coli outbreak, both sides said.

The deal followed bitter recriminations over a halt on Read More »

Putin says Russia won WTO deal on farm subsidies

AJOT | June 26, 2011 | International Trade

Prime Minister Vladimir Putin said Russia had agreed the size of its agricultural subsidies during the World Trade Organisation accession talks although meat trade still remained an issue.

Russia wants to increase farm subsidies to $9 billion in 2012 Read More »

Steel imports increase in May

AJOT | June 26, 2011 | International Trade

Imports increased in May compared to April by 5.6% according to preliminary government reporting. 'The increase in imports in May reflected improved steel market conditions, principally in the flat rolled market, as semifinished imports by domestic mills Read More »

WTO credibility at risk, warns US trade negotiator

AJOT | June 26, 2011 | International Trade

Deadlocked negotiations for a global trade treaty are threatening the credibility of the World Trade Organization, the U.S. ambassador to the trade body said.

Negotiators meeting to discuss the long-stalled Doha round moved no closer to agreeing even Read More »

Where is the South.Korea, US free trade pact headed?

AJOT | June 26, 2011 | International Trade

A major free trade deal by the United States and South Korea is stuck in a limbo four years after it was signed as both assemblies struggle to reach a political compromise to bring it to a vote.

The pact could boost the partners' two-way trade by as m Read More »

US industry wary of EU action in tech goods spat

AJOT | June 26, 2011 | International Trade

U.S. technology companies are worried a victory against European Union tariffs at the World Trade Organization last year may not yield the bonanza they expected because of the way the EU intends to implement the decision, industry representatives said. < Read More »

Senator McConnell offers plan to move trade deals

AJOT | June 26, 2011 | International Trade

Senate Republican leader Mitch McConnell, seeking to spur action on three long-delayed free trade agreements, said he was prepared to help the White House renew a retraining program for workers displaced by trade but added a major demand of his own.

" Read More »

Brazil, U.S. set timetable on WTO orange juice row

AJOT | June 16, 2011 | International Trade

Brazil and the United States have agreed that Washington must implement within 9 months a WTO ruling against anti-dumping measures imposed on Brazilian orange juice exports, Brazil said.

Brazil, the world's largest exporter of orange juice, claimed vi Read More »

Weak Asia-Pac demand to hurt Owens-Illinois Q2

AJOT | June 16, 2011 | International Trade

The world's largest glass-bottle maker Owens-Illinois Inc cut its second-quarter profit outlook and warned that margins would fall, blaming weak demand in the Asia-Pacific region and supply chain problems in North America.

Although the company is incr Read More »

AIIS joins NAM in support of broader pro-manufacturing agenda

AJOT | June 16, 2011 | International Trade

'AIIS and its predecessor organizations have been promoting 'economic growth through free trade in steel' since 1950 -- a record we are proud of. Support of open markets and free trade ' both imports and exports -- is critical to the steel consuming base Read More »

Ford investing $500 mlllion in China engine plant

AJOT | June 16, 2011 | International Trade

Ford Motor Co said it and its Chinese joint venture partner began building a $500 million engine plant in Chongqing , part of the No. 2 U.S. automaker's drive to boost its sales in that country. Read More »

Steel exports decline in April reflecting softer demand in NAFTA region

AJOT | June 16, 2011 | International Trade

Exports declined by 9.3 percent in April from March, according to government reporting. 'Softening shipments to the NAFTA region led the decline in April, although there was some good news as non-NAFTA Western Hemisphere shipment rose, mostly due to a ju Read More »

WTO warns of rising global protectionism

AJOT | June 14, 2011 | International Trade

The world's trading nations are succumbing to protectionism in the wake of the global financial crisis, limiting exports of food and raw materials and installing new import barriers, the WTO warned.

Commodities export restrictions from Indian cotton a Read More »

US Senate panel urges China help in counterfeit probe

AJOT | June 14, 2011 | International Trade

The U.S. Senate Armed Services Committee urged China to let it investigate on the spot widespread reports that Chinese-made counterfeit parts are making their way into multibillion-dollar U.S. weapons systems and other electronics. Read More »

Colombia says trade surplus jumps in April vs year ago

AJOT | June 14, 2011 | International Trade

Colombia's trade surplus jumped in April to $696.6 million, widening from the surplus posted in the same month last year, the government's DANE statistics agency said.

Colombia registered a trade surplus of $485 million in April 2010, DANE said in a s Read More »

US exporters vexed as Congress fights over trade

AJOT | June 14, 2011 | International Trade

Jason Speer is eagerly eyeing Colombia's booming oil sector for his Illinois-based company's float valves, but fears his Canadian competitors will get there first.

In the race for new exports to fast-growing, energy-rich Latin America, U.S. manufactur Read More »

Russia eyes export duty on grade of thermal coal

AJOT | June 14, 2011 | International Trade

Russia's Energy Ministry is considering protective export duties on a grade of thermal coal which accounted for about 15 percent of Russia's coal exports last year, a deputy energy minister said.

"The electricity section of our ministry is looking at Read More »

WTO will strengthen EU claims on China export curbs

AJOT | June 14, 2011 | International Trade

An upcoming ruling by the World Trade Organization on whether China broke global rules by limiting raw material exports will bolster European plans to challenge other curbs by Beijing, the EU's trade chief said.

"I believe this will considerably stren Read More »