International Trade

WTO warns G20 to resist protectionist urges

AJOT | October 30, 2011 | International Trade

Economic pressures are tempting G20 governments to resort to protectionism in a misguided bid to shield their domestic markets from problems that are unrelated to trade, the World Trade Organization said in a biannual report. Read More »

US House panel to take up China trade issues

AJOT | October 25, 2011 | International Trade

The U.S. House of Representatives Ways and Means committee will convene a hearing on Tuesday to examine barriers to the sale of U.S. goods and services to China beyond the policy of keeping the Chinese currency weak -- the issue that has drawn the most at Read More »

Congress urges modern approach on apparel in Trans-Pacific Partnership talks 30 members of Congress

AJOT | October 25, 2011 | International Trade

As the 9th round of the Trans-Pacific Partnership (TPP) Talks are underway in Lima, Peru, 30 Members of Congress sent a letter to Ambassador Ron Kirk, U.S. Trade Representative, urging the United States to adopt a new approach on apparel trade in order to Read More »

China takes US. to WTO court over shrimp, saw blades

AJOT | October 25, 2011 | International Trade

China triggered a court case against the United States at the World Trade Organization on Tuesday, arguing that U.S. anti-dumping measures on imports of diamond saw blades and frozen warm-water shrimp were invalid. Read More »

Wal-Mart’s pork scandal highlights struggles in China

AJOT | October 17, 2011 | International Trade

Wal-Mart's latest troubles in China involving mislabeling of its pork products reflect the retail giant's struggles in a complex market where rapid expansion and a cumbersome takeover has marred profit and growth. Read More »

TransPacific trade talks on track for APEC, US says

AJOT | October 17, 2011 | International Trade

Negotiations between the United States and eight countries in the Asia Pacific should reach a key milestone at an APEC leaders meeting next month in Honolulu, a top U.S. trade official said. Read More »

Russia-led customs bloc to adopt WTO health norms

AJOT | October 17, 2011 | International Trade

A three-nation customs union led by Russia will adopt food safety rules on Tuesday that comply with the rules of the World Trade Organisation, Russian Prime Minister Vladimir Putin said. Read More »

Obama, South Korea’s Lee hail trade pact as jobs creator

AJOT | October 17, 2011 | International Trade

President Barack Obama and South Korean President Lee Myung-bak hailed a long-sought trade deal as an engine for job creation in both countries as their White House summit got under way. Read More »

Obama to challenge China on trade as election nears

AJOT | October 17, 2011 | International Trade

The Obama administration, under fire for not taking a harder line on China over its currency, appears set to move against the Asia export powerhouse on other fronts as next year's U.S. elections approach. Read More »

Japan PM says free trade deals needed for growth

AJOT | October 17, 2011 | International Trade

Prime Minister Yoshihiko Noda said that Japan needs free-trade deals in order to tap the dynamic Asia-Pacific region to bolster growth, a fresh signal that he is leaning toward a contentious decision to take part in a U.S.-led initiative. Read More »

Japan and South Korea warn Brazil on imported cars tax

AJOT | October 17, 2011 | International Trade

Japan and South Korea fired a warning shot at Brazil's treatment of foreign carmakers by raising the tax issue at a committee of the World Trade Organization, a trade official with knowledge of the complaint said on Friday. Read More »

Indonesia lowers 2012 export growth forecast over global woes

AJOT | October 17, 2011 | International Trade

Indonesia will lower its 2012 export growth outlook to between 10-15 percent versus a previous 15-20 percent due to global economic uncertainties, the country's trade minister said. Read More »

Global woes weigh on major China export fair

AJOT | October 17, 2011 | International Trade

Exporters at China's largest trade show, the Canton Fair, say a darkening economic outlook in Europe and the United States is weighing on orders for Chinese-made goods from Western buyers, potentially boding ill for China's growth prospects. Read More »

Clinton: US must learn from BRICs in economic arena

AJOT | October 17, 2011 | International Trade

The United States should learn from emerging powers such as India and Brazil and make its economic interests central to its foreign policy to remain a global leader, U.S. Secretary of State Hillary Clinton said. Read More »

China trade surplus shrinks as global woes deepen

AJOT | October 17, 2011 | International Trade

China's trade surplus narrowed for a second straight month in September to $14.5 billion, with both imports and exports lower than expected, reflecting global economic weakness and domestic cooling that will deepen policy quandaries facing Beijing. Read More »

China must address

AJOT | October 17, 2011 | International Trade

The EU's top trade official called on Beijing to address European companies' fear of "retaliation" if they speak up about unfair Chinese business practices. Read More »

China business group to rethink US investments after FX bill

AJOT | October 17, 2011 | International Trade

China's largest business group said on Thursday that it would rethink the investment environment in the United States after the U.S. Senate approved a controversial bill aimed at making Beijing lift the value of the yuan. Read More »

Ailing Colombia flower farms eye relief in US pact

AJOT | October 11, 2011 | International Trade

Colombian flower growers wilting under higher costs, a strong peso and more competition from Africa, may get much needed relief from the U.S. Congress if it approves a free-trade pact with the South American nation.

Under the deal Colombia, the world' Read More »

EU reform plans target greener, fairer farm subsidies

AJOT | October 11, 2011 | International Trade

The EU's executive proposed making farm subsidies fairer and more environmentally friendly, in a bid to win support for keeping EU agricultural spending at about 55 billion euro-a-year ($75 billion-a-year) up to 2020.

Critics of the bloc's common agri Read More »

Philippine exports post biggest annual drop in 2 years

AJOT | October 11, 2011 | International Trade

Philippine exports had their worst performance in two years in August, and the outlook for the rest of 2011 is bleak after an industry group forecast a bigger drop than earlier expected for electronics shipments.

In August, shipments of electronics an Read More »