International Trade

EU not trying to weaken US financial services rules

AJOT | June 13, 2013 | International Trade

The European Union does not want to use negotiations with the United States on a free trade agreement to weaken recent U.S. financial regulatory reforms, an EU official said, responding to concerns raised by U.S. politicians. Read More »

EU seeks to ease French fears over Hollywood in US trade talks

AJOT | June 13, 2013 | International Trade

EU states sought to reassure France on Friday that its culture would be shielded from the might of Hollywood and Silicon Valley, urging Paris not to block a free-trade deal with the United States that could boost transatlantic business. Read More »

Issues at the heart of EU-US free-trade talks

AJOT | June 13, 2013 | International Trade

The European Union will try to overcome French resistance to free-trade talks with the United States and keep alive plans for a deal that could boost their struggling economies by dramatically increasing transatlantic business. Read More »

Obama nears decision on Bangladesh trade following tragedies

AJOT | June 13, 2013 | International Trade

President Barack Obama could soon decide to cut off trade benefits for Bangladesh, in a largely symbolic response to tragedies in the country's garment sector that have cost more than 1,200 lives in the past eight months. Read More »

One good option for avoiding solar trade war

AJOT | June 13, 2013 | International Trade

The European Union, United States and China are most likely to resolve a multi-billion dollar trade dispute over solar power equipment by agreeing on a floor price for Chinese products. Read More »

Smithfield profit plunges on drop in exports

AJOT | June 13, 2013 | International Trade

Hog producer Smithfield Foods Inc , the subject of a $4.7 billion bid from China's Shuanghui International, posted a 63 percent fall in net profit as exports to China and Russia fell due issues related to a drug it uses to produce lean meat. Read More »

South Korea revised May exports steady at 3.2%; big gains in China, US

AJOT | June 13, 2013 | International Trade

South Korean exports in May rose by 3.2 percent from a year earlier, revised customs data showed, unchanged from preliminary estimates and reaffirming modest growth momentum for the trade-dependent economy. Read More »

South Korea turns up the heat as foreign automakers make inroads

AJOT | June 13, 2013 | International Trade

Recent free trade deals have helped foreign premium-brand automakers such as BMW and Mercedes-Benz drive up sales in South Korea, previously a heavily protected market dominated by Hyundai Motor and affiliate Kia Motors. Read More »

Cows block path toward Canada-EU free trade deal

AJOT | June 12, 2013 | International Trade

Salvaging a free-trade deal between Canada and the European Union after four years of talks will require skillful pasture politicking to pacify beef and dairy cow farmers who see more risk than opportunity Read More »

EU files WTO complaint over Chinese stainless steel duty

AJOT | June 12, 2013 | International Trade

The European Union said it had lodged a complaint at the World Trade Organisation against China's imposition of anti-dumping duties on imports of stainless steel tubes, six months after Japan filed a similar case. Read More »

EU lets Myanmar back into preferential trade scheme

AJOT | June 12, 2013 | International Trade

The European Union has readmitted Myanmar to a scheme allowing it to benefit from lower duties on exports, a further sign of the its rehabilitation following political reforms. Read More »

France threatens to block start of EU-US trade talks

AJOT | June 12, 2013 | International Trade

France threatened to block the start of free trade talks between the European Union and the United States if movies and digital media are not kept out of the negotiations. Read More »

GM’s Opel to build Corsa cars in Belarus for local market

AJOT | June 12, 2013 | International Trade

General Motors will build a small number of its Opel Corsa hatchbacks in Belarus from next year as its European brand seeks to diversify outside its core market. Read More »

Harper says won’t be rushed into Canada-EU trade deal

AJOT | June 12, 2013 | International Trade

Canadian Prime Minister Stephen Harper said his government would not be rushed into signing a free trade agreement with the European Union this week just to coincide with meetings he is holding with European leaders. Read More »

Prices for US imports, exports fall in sign of global chill

AJOT | June 12, 2013 | International Trade

Prices for U.S. imports and exports fell unexpectedly in May, a sign of cooler economic growth worldwide that could hurt American factories but likely gave some respite to consumers. Read More »

Turkish trade sanction is warning shot in Ukraine car tariff row

AJOT | June 12, 2013 | International Trade

Turkey told the World Trade Organization that it would retaliate against a Ukrainian tariff on car imports, while Japan and the European Union signaled they could follow suit. Read More »

US hopes NSA surveillance won’t derail data trade goals

AJOT | June 12, 2013 | International Trade

A top U.S. trade official acknowledged that revelations of U.S. government surveillance of phone and internet records could complicate trade negotiations aimed at reducing barriers to cross-border electronic data flows. Read More »

Daimler CEO does not expect EU-China trade spat to hit cars

AJOT | June 11, 2013 | International Trade

German luxury carmaker Daimler does not expect the current spat between the European Union and China will escalate to include cars, Chief Executive Dieter Zetsche said. Read More »

Export slowdown threatens emerging Asia’s credit-fueled boom

AJOT | June 11, 2013 | International Trade

A deepening slump in exports is sending tremors through Asia, threatening to undermine some booming emerging economies that have surged ahead in recent years on a heady combination of easy credit, buoyant consumer demand and strong domestic investment. Read More »

France to defend cultural exceptions on trade “to the end”

AJOT | June 11, 2013 | International Trade

France said it would ensure cultural exceptions on its products were preserved in any transatlantic trade deal, a stance which might block the planned opening of talks between the European Union and Washington. Read More »