International Trade

Leaving struggling WTO, Lamy tells member states to try harder

AJOT | July 24, 2013 | International Trade

Pascal Lamy signed off as head of the World Trade Organization with criticism of the way the 159 member countries try - and usually fail - to agree new trade deals. Read More »

US lawmaker worried NSA snooping will hurt digital trade

AJOT | July 24, 2013 | International Trade

A US lawmaker said he was worried revelations about US surveillance activity on the Internet could encourage governments to erect new barriers to digital trade just as United States is pushing to tear existing ones down. Read More »

Apple wobbles in China as rivals offer more, for less

AJOT | July 23, 2013 | International Trade

A sharp drop in Apple Inc's China revenue in April-June underscores the challenges it faces in its second-largest market as the technology gap with cheaper local rivals narrows and as Samsung Electronics keeps up a steady stream of new models across all p Read More »

Brazil seeks Mercosur flexibility to accelerate EU trade talks

AJOT | July 23, 2013 | International Trade

Brazil wants to change the way the regional trade bloc Mercosur negotiates trade agreements with the European Union to speed up talks that have been going since 1995, a senior Brazilian government official told Reuters. Read More »

Japan files WTO dispute against Russia over car import levy

AJOT | July 23, 2013 | International Trade

Japan has filed a trade complaint against Russia over a fee it levies on car imports, the World Trade Organization (WTO) said on Wednesday, following a similar move by the European Union. Read More »

More foreign pharmaceutical firms could be probed in China

AJOT | July 23, 2013 | International Trade

China's official news agency hinted that more foreign pharmaceutical firms could soon be implicated in a corruption scandal sweeping the industry, in the wake of bribery accusations against British drugmaker GlaxoSmithKline. Read More »

US opens probe into steel pipe imports from 9 countries

AJOT | July 23, 2013 | International Trade

The U.S. Commerce Department launched one of its biggest trade investigations in years into charges that manufacturers in South Korea, India and seven other countries are selling steel pipe used by oil and natural gas producers at unfairly low prices in t Read More »

EU extends duties in Chinese imports of ironing boards

AJOT | July 22, 2013 | International Trade

The European Union has renewed anti-dumping duties on ironing boards imported from China for a further five years, but lifted corresponding tariffs on the product from Ukraine. Read More »

US businesses urge Biden to press India on concerns

AJOT | July 22, 2013 | International Trade

US business groups urged Vice President Joe Biden to press India's leaders to reverse course on a number of government policies they said unfairly harm US companies that do business in the world's largest democracy. Read More »

US-led trade talks gain heft, complexity as Japan joins

AJOT | July 22, 2013 | International Trade

Japan joined US-led trade talks, adding its weight to a pact that covers two-fifths of the world economy but raising further doubt over whether negotiators can prise open sensitive sectors such as farm goods and state-linked firms. Read More »

Biden to praise benefits of ‘rules of the road’ in Asia visit

AJOT | July 21, 2013 | International Trade

Vice President Joe Biden will press India to do more to open up trade and protect intellectual property during a trip to the Asia-Pacific region next week that will also highlight US concern about aggressive Chinese navy patrols in the oil-rich South Chin Read More »

Taiwan June export orders shrink for 5th month, China demand falls

AJOT | July 21, 2013 | International Trade

Taiwan's June export orders unexpectedly contracted for a fifth straight month, slipping 3.5 percent from a year earlier, as demand from China waned. Read More »

US FTC approves GE purchase of Avio’s aviation business

AJOT | July 21, 2013 | International Trade

The US Trade Representative's Office outlined a series of steps that it urged Bangladesh to take to improve factory conditions and workers rights in order to have US trade benefits restored. Read More »

US outlines steps for Bangladesh to restore trade benefits

AJOT | July 21, 2013 | International Trade

The US Trade Representative's Office outlined a series of steps that it urged Bangladesh to take to improve factory conditions and workers rights in order to have US trade benefits restored. Read More »

US steel pipe case against nine countries faces first hurdle

AJOT | July 21, 2013 | International Trade

The U.S. Commerce Department will decide whether to launch an investigation into charges that South Korea and eight other countries are selling about $1.8 billion of steel pipe in the United States at unfairly low prices, the department said. Read More »

Wind turbine battleground shifts for European and Chinese rivals

AJOT | July 21, 2013 | International Trade

European and Chinese wind turbine makers are poised to do battle away from their domestic markets as the focus in the 60 billion euro ($79 billion) industry shifts to North America, Brazil and India. Read More »

Bajaj Auto profit propped up by weak rupee

AJOT | July 18, 2013 | International Trade

Bajaj Auto, India's second-largest motorcycle maker, reported a flat first-quarter profit that matched expectations as its exports benefited from a weaker rupee, offsetting sluggish sales volumes. Read More »

CBI says Wal-Mart violated investment rules

AJOT | July 18, 2013 | International Trade

Wal-Mart Stores Inc. violated Indian rules governing foreign investment, the Central Bureau of Investigation (CBI) said in a letter to a member of parliament seen by Reuters. Read More »

EU says global imbalances shrinking, more action needed

AJOT | July 18, 2013 | International Trade

The European Union will tell the world's financial leaders that global trade, savings and competitiveness imbalances have diminished, but that they must take decisive action to make sure they don't increase again. Read More »

Exports to US will compensate for weak China

AJOT | July 18, 2013 | International Trade

German exporters believe the strength of the U.S. economy will more than compensate for China's relative weakness in terms of demand for German products, the head of Germany's BGA trade association told Reuters. Read More »