International Trade

Steel exports increase in November on shipments to EU and non-NAFTA America

AJOT | January 23, 2011 | International Trade

Steel exports increased in November compared to October by 2.2 percent according to government data. 'Despite a decline in shipments to the US's largest export markets, Canada and Mexico, exports rose in November due to increased exports to the EU and no Read More »

China inks deals to buy $1.8 blllion worth of US soy

AJOT | January 23, 2011 | International Trade

A Chinese business group signed agreements Thursday to buy just over 3 million tons of soybeans from the United States worth about $1.8 billion, cementing agricultural trade ties between the two countries.

The delegation, led by Chinese Vice Minister Read More »

EU sanctions not biting Ivorian cocoa trade

AJOT | January 23, 2011 | International Trade

The Ivory Coast cocoa trade is carrying on business as usual regardless of European Union sanctions intended to pressure incumbent Laurent Gbagbo to quit, and any tougher action is not on the cards for now.

In the latest international effort to squeez Read More »

China buyers try to cancel U.S. DDGS shipments

AJOT | January 23, 2011 | International Trade

Buyers in China, the world's largest buyer of distillers' dried grains (DDGS), are trying to cancel U.S. shipments to avoid possible fees if an investigation finds U.S. suppliers were dumping the goods below cost, traders said.

Buyers are trying to ca Read More »

EU prepares to challenge China export credit

AJOT | January 23, 2011 | International Trade

European trade officials have requested industry data that could allow the European Union to challenge China over cheap credit to Chinese firms, according to EU officials and correspondence seen by Reuters.

The initiative, led by the EU executive, the Read More »

Uruguay beef export volume falls 6% in 2010

AJOT | January 23, 2011 | International Trade

Beef exports from Uruguay fell around 6 percent in volume in 2010, the government-run beef institute said, adding that meat shipments from the world's No. 7 supplier should be steady this year.

At the same time, Uruguay's beef exports rose 16.3 percen Read More »

EU, China seek appeal delay in WTO fasteners case

AJOT | January 23, 2011 | International Trade

The European Union and China are jointly seeking an extension of the deadline to lodge an appeal in a World Trade Organization dispute panel ruling condemning EU duties on Chinese screws and bolts.

A document published on the WTO website made it clear Read More »

India’s exports pick up but

AJOT | January 16, 2011 | International Trade

India's exports accelerated in December as demand for its vehicles, engineering goods and petroleum products remained robust, but global economic uncertainty will likely make 2012 a difficult year, Trade Secretary Rahul Khullar said. Read More »

US Treasury’s Geithner: China needs faster yuan rise

AJOT | January 13, 2011 | International Trade

U.S. Treasury Secretary Timothy Geithner said that China needs to raise the value of the yuan more quickly and faster progress could pave the way for greater access to U.S. high-tech goods.

Offering a carrot-and-stick approach ahead of a state visit b Read More »

China, Korea moves underscore rising food prices

AJOT | January 13, 2011 | International Trade

China dumped plans to import several million tons of expensive corn and South Korea unveiled cuts in import tariffs on some products, underscoring the dilemma over how to tackle rising food prices.

In India, where vegetable prices have risen more than Read More »

US Democrat to revisit Colombia trade pact on trip

AJOT | January 13, 2011 | International Trade

A senior U.S. Democratic lawmaker opposed to a free trade agreement with Colombia headed to that country to see what progress has been made on labor concerns related to the pact.

Representative Sander Levin's "purpose is essentially a fact-finding mis Read More »

EU’s China, Vietnam shoe duties to expire April 1

AJOT | January 13, 2011 | International Trade

EU tariffs on footwear from China and Vietnam will expire at the end of March following a decision by European shoemakers to abandon the duties as a way of tackling Asian competition, an EU spokesman said.

"Given that the European shoemakers' associat Read More »

WTO members start work on wines and spirits register

AJOT | January 13, 2011 | International Trade

Members of the World Trade Organization have started work on a draft proposal for a register to protect geographical names of wines and spirits as part of a push to secure a global trade deal this year.

Zambia's ambassador to the World Trade Organizat Read More »

US wants Korea trade deal approved by July

AJOT | January 13, 2011 | International Trade

President Barack Obama's administration wants to win congressional approval of a free trade agreement with South Korea before July, U.S. Trade Representative Ron Kirk said.

"Everything we're doing" is aimed at winning approval of the deal before a sep Read More »

Argentine farmers call strike over export policies

AJOT | January 13, 2011 | International Trade

Argentine farmers will halt grains sales to protest government curbs on wheat and corn exports, reviving a conflict that helped lift global prices to record highs in 2008.

Growers in the South American country, a leading source of grains and beef, hav Read More »

Zepol reports December containerized imports shrink 9.49%

AJOT | January 13, 2011 | International Trade

Zepol Corporation, the leading trade intelligence company, reports that import shipment volume for December, measured in TEUs, decreased 9.49% from November and increased 4.03% over December 2009. The total number of shipments fell 8.48% from November and Read More »

East EU trade balances improve, Czech jobless jumps

AJOT | January 11, 2011 | International Trade

November trade data from Hungary, Romania and Slovakia beat market forecasts, but a jump in Czech unemployment and prices signalled the potential headwinds to growth for governments implementing austerity measures.

The data confirmed the trend of a do Read More »

AIIS welcomes commerce proposal on zeroing

AJOT | January 11, 2011 | International Trade

The American Institute for International Steel welcomed the Department of Commerce's statement that proposes to eliminate its practice of zeroing in anti-dumping administrative reviews in a December 28th notice in the Federal Register. In 2007, in respons Read More »

Britain, China sign $4 billion of deals

AJOT | January 11, 2011 | International Trade

Britain and China signed business deals worth around 2.6 billion pounds ($4 billion, as well as an agreement that will see a breeding pair of giant pandas, Tian Tian and Yuangguang, go to Edinburgh Zoo.

The deals foresee increased sales of Jaguar Land Read More »

China’s 2010 trade surplus dips, but little comfort

AJOT | January 11, 2011 | International Trade

China's global trade surplus narrowed in 2010 for the second straight year, giving Beijing grounds to rebuff U.S. pressure for faster currency appreciation ahead of a visit to Washington next week by President Hu Jintao.

The Chinese government can poi Read More »