International Trade

Where’s the Beef: US beef consumption in decline

AJOT | December 22, 2011 | International Trade

For the past decade, cattle ranchers and meat packers watched with despair as America's beef consumption steadily declined, ceding ground to leaner meats as well as vegetarian trends among the health-conscious. Read More »

WTO to arbitrate on US sanctions in Airbus case

AJOT | December 22, 2011 | International Trade

The World Trade Organization launched an arbitration process to examine a U.S. claim for up to $10 billion of sanctions against the European Union in a dispute over subsidies for Airbus planes. Read More »

US steel exports sag in October but remain strong compared to 2010

AJOT | December 21, 2011 | International Trade

US steel exports declined 5.1% in October compared to September according to government data. 'The decline in exports was experienced across the board, to all regional markets with the exception of the small African market, as the late summer and early f Read More »

China says India may start probe into solar imports

AJOT | December 20, 2011 | International Trade

India may launch an anti-dumping probe into imports of Chinese solar products within a month, China's commerce ministry said, but a top Indian renewable energy official denied that any such plan was in the works. Read More »

Deere global, US 2011 headcount is at 4-decade high

AJOT | December 20, 2011 | International Trade

Deere & Co's headcount likely hit a four-decade high globally in 2011 as the world's largest maker of farm equipment benefited from strong agricultural conditions around the world. Read More »

Li & Fung set to buy Hang Ten for $347 mlllion

AJOT | December 20, 2011 | International Trade

Hong Kong group Li & Fung, controlled by the billionaire Fung family, is set to buy Hang Ten for about HK$2.7 billion ($347 million), a source with direct knowledge of the matter told Reuters. Read More »

Russia police accuse IKEA managers of corruption

AJOT | December 20, 2011 | International Trade

Russian police said they had brought criminal charges against three Moscow-based managers of Swedish retailer IKEA on suspicion of bribery and other corrupt practices. Read More »

Russian steel firms bet industry to thrive post-WTO

AJOT | December 20, 2011 | International Trade

Russian steelmakers have invested heavily before the country's entry to the WTO on a bet that steel-intensive domestic industries such as carmakers will thrive under heightened competition - a risk that has a good chance of paying off. Read More »

US steel exports sag in October but remain strong compared to 2010

AJOT | December 20, 2011 | International Trade

US steel exports declined 5.1% in October compared to September according to government data. 'The decline in exports was experienced across the board, to all regional markets with the exception of the small African market, as the late summer and early f Read More »

USTR’s Kirk says no trade war but troubled by China

AJOT | December 20, 2011 | International Trade

US Trade Representative Ron Kirk said the United States is not in a trade war with China, but he is troubled by China's tendency to retaliate when other members of the World Trade Organization (WTO) launch trade cases against it. Read More »

Apple struggles to take bigger bite out of China

AJOT | December 15, 2011 | International Trade

Apple Inc's share of China's booming smartphone market has risen sharply in the past two years, but for now the company that sells the iconic iPhone is being outpaced by nimble rivals. Read More »

Food multi-nationals meet their match in Australia

AJOT | December 15, 2011 | International Trade

Heinz's chief executive, William Johnson, has been vocal about its difficulties, describing Australia as "the worst market" of the 200-odd countries and territories in which the 142-year-old ketchup maker operates. Read More »

China sees more protectionism due to US, EU problems

AJOT | December 15, 2011 | International Trade

China expects trade disputes to increase next year as global markets contract due to European and U.S. economic weakness, China's trade minister Chen Deming said. Read More »

China toughens trade stance with tariffs

AJOT | December 15, 2011 | International Trade

China has fired a warning shot with its decision to impose tariffs on imports of sport-utility vehicles (SUV) and other large cars from the United States as both countries gear up for increased trade friction next year. Read More »

WTO agrees procurement deal, US urges China to join

AJOT | December 15, 2011 | International Trade

The World Trade Organization clinched a landmark reform of its Government Procurement Agreement after the European Union, Japan and the United States agreed terms for opening up government contracts to foreign competition. Read More »

China trade data softens, pro-growth policies eyed

AJOT | December 13, 2011 | International Trade

Growth in Chinese exports and imports slowed in November, fresh evidence of faltering demand abroad and at home that is pushing Beijing towards a more explicit pro-growth policy stance. Read More »

India admits $9 billion export gaffe

AJOT | December 13, 2011 | International Trade

Already battered by corruption scandals, and less than a week after an embarrassing policy U-turn, the Indian government admitted that it had accidentally inflated this year's export figures by more than $9 billion. Read More »

Indonesia tin official quits after export ban failure

AJOT | December 13, 2011 | International Trade

Industry cracks are starting to show in top tin producer Indonesia, with the breach and collapse of the self-imposed export stoppage this month resulting in the surprise resignation of the secretary at the Indonesia Tin Association (ITA). Read More »

Russia trade vote will be

AJOT | December 13, 2011 | International Trade

The White House faces a major challenge next year persuading the U.S. Congress to permanently normalize trade relations with Russia due to concerns about human rights and Moscow's relations with Iran, a senior Republican lawmaker said. Read More »

US threatens sanctions in Airbus battle with EU

AJOT | December 13, 2011 | International Trade

The United States rejected a European Union plan to eliminate subsidies provided to Airbus and said it would ask the World Trade Organization for permission to impose trade sanctions that could amount to $7 billion to $10 billion annually. Read More »