International Trade

The air/sea divide in global trade

AJOT | July 14, 2010 | International Trade

An interesting contrast is shaping up in global trade, where some indicators of the movement of raw materials are crashing even as exports from China and air traffic continue to show outstanding strength.

Depending on your reading of the data Read More »

India says committed to WTO talks, logjam must end

AJOT | July 14, 2010 | International Trade

India remains committed to the long-delayed Doha round of global trade talks and does not believe that bilateral and regional trade deals will affect the multilateral process, its trade minister said.

Anand Sharma told Reuters in an interview Read More »

US current, proposed law on currency manipulation

AJOT | July 11, 2010 | International Trade

The U.S. Treasury Department is expected to again decline to name China a currency manipulator in a long-delayed report that will likely anger congressional critics of Beijing's policies.

The report was due April 15 but was delayed until afte Read More »

Obama: will use every tool to ensure fair play for US trade

AJOT | July 11, 2010 | International Trade

President Barack Obama said he would fight to ensure U.S. exporters had a level playing field to compete for world trade, and named China as a vital market where Americans were keen to sell. Read More »

Trade spats cloud new phase of ex-Soviet customs pact

AJOT | July 11, 2010 | International Trade

Russia, Belarus and Kazakhstan announced the launch of the second stage of a customs union that could pave the way for an unprecedented joint accession bid to the World Trade Organization. Read More »

NZ wine industry targets China for growth

AJOT | July 11, 2010 | International Trade

New Zealand wine makers are racing against rivals to stake a spot in what is set to be the world's fastest growing market - China. The Chinese market for grape-based wines is currently small but expected to grow rapidly, fuelled by the fast-growing middle Read More »

China makes haste slowly globalising the yuan

AJOT | July 11, 2010 | International Trade

Each journey of a thousand miles begins with a single step. Yet for the trek of turning the yuan into a global currency, China is only just lacing up its boots.

According to this sceptical line of thinking, it will take Beijing a generation t Read More »

U.S. on track to double exports in 5 years

AJOT | July 11, 2010 | International Trade

The United States is on track to double its exports within five years, President Barack Obama said, as he fills out a high-powered private sector council to help reach that goal.

"At a time when jobs are in short supply, building exports is a Read More »

China signals OK for Taiwan FTAs

AJOT | July 11, 2010 | International Trade

China has signalled it is finally willing to let Taiwan negotiate trade pacts with the outside world, a senior Taipei official said, a move that could give a major lift to the island's economy.

China, which claims the self-ruled island as its Read More »

EU opens dumping probe into Chinese wireless modems

AJOT | June 30, 2010 | International Trade

European Union trade regulators opened an investigation into a complaint that Chinese-made wireless modems were being dumped in EU markets. Read More »

China rebuffs US trade criticism, says US to blame

AJOT | June 30, 2010 | International Trade

China has dismissed U.S. comments that Beijing is blocking a new trade agreement, saying that it was the United States that was stalling progress in the World Trade Organization's long-running Doha round.

The angry comments, by China's ambass Read More »

China slaps anti-dumping tax on EU steel fasteners

AJOT | June 30, 2010 | International Trade

China will levy anti-dumping duties on carbon steel fasteners imported from the European Union, the Ministry of Commerce said on Monday, formalising a preliminary duty initiated last December. Read More »

US claims landmark victory in Airbus subsidy case

AJOT | June 30, 2010 | International Trade

The United States won a landmark victory at the World Trade Organization in Boeing's fight against European government subsidies for rival aircraft manufacturer Airbus, U.S. trade officials said. Read More »

Main conclusions of WTO panel on Airbus aid

AJOT | June 30, 2010 | International Trade

The following are the main conclusions of the World Trade Organization panel that ruled in the complaint brought by the United States against the European Union over aid for Airbus civil aircraft.

The report, of more than 1,000 pages, was pub Read More »

Canada-China beef deal seen pressuring South Korea

AJOT | June 30, 2010 | International Trade

China's partial reopening of trade access for Canadian beef will add pressure on South Korea to ease its import restrictions, Canada's trade minister and industry officials said. Read More »

Google faces pressure as China to decide on licence

AJOT | June 30, 2010 | International Trade

Google Inc could face further pressure for its other products in China as Beijing is due to decide whether or not to renew a license for the firm's flagship search engine in the world's largest Internet market.

In an effort to keep its China Read More »

Canada asks Russia to unwind trade barriers

AJOT | June 30, 2010 | International Trade

Canada urged Russia and other G20 countries to unwind trade barriers erected during the financial crisis as part of a G20 pledge favoring free trade to support the global economic recovery.

In an interview with Reuters, Trade Minister Peter V Read More »

US groups urges Senate to reject China forex bill

AJOT | June 30, 2010 | International Trade

A broad coalition of U.S. business groups urged senators not to approve a bill that would allow the United States to use import duties against China's exchange rate policy.

"We agree that China needs an exchange rate that better responds to g Read More »

Obama urges changes to stalled world trade talks

AJOT | June 30, 2010 | International Trade

U.S. President Barack Obama called for significant changes to the long-delayed Doha round of world trade talks, telling Group of 20 leaders that offers on the table were inadequate.

Obama, who spoke at a lunch with G20 leaders, emphasized tha Read More »

Russia, Kazakhstan to press on with customs union

AJOT | June 30, 2010 | International Trade

Russia and Kazakhstan are moving forward with final steps to create a regional customs union regardless whether Belarus joins the entity or not, Russia's First Deputy Prime Minister Igor Shuvalov said.

In late May, Russia and Kazakhstan agree Read More »