International Trade

Arab economies grow despite regional violence

AJOT | February 25, 2007 | International Trade

Arab Gulf states are utilizing oil revenues to diversify their economies better and non-oil producers in the Middle East are liberalizing faster despite political turmoil, the World Bank's deputy head said. Read More »

Titan Steel & Wire: Making the ‘Devil’s Rope’

AJOT | February 18, 2007 | International Trade

Barbed wire changed the face of The West, from wide open plains to neat packages framed by 'The Devil's Rope' that imprisoned horses, cattle and cowboys. Read More »

EU trade boss urges nations to look beyond farm row

AJOT | February 18, 2007 | International Trade

Europe's trade chief urged EU countries to look beyond sacrifices needed in agriculture for a global trade deal and to focus instead on the bigger potential gains for other areas of the economy. Read More »

US trade gap widens in Dec, sets record for 2006

AJOT | February 18, 2007 | International Trade

The US trade deficit hit a fifth straight annual record in 2006, driven by a record oil import tab and a flood of imports from China, a government report showed. Read More »

US, S. Korea free-trade pact possible by end March

AJOT | February 18, 2007 | International Trade

The US and South Korea have a chance to finish a free-trade agreement by end-March, making it possible for President George W. Bush to submit the deal to Congress before his negotiating authority runs out, US Trade Representative Susan Schwab said. Read More »

US sugar industry concerned over farm bill proposal

AJOT | February 11, 2007 | International Trade

US sugar growers said a proposal by the Bush administration to regulate the supply of sugar on the market would place them at a disadvantage to Mexican farmers who could flood the country with cheap imports. Read More »

US economic outlook “positive”

AJOT | February 11, 2007 | International Trade

Economic activity had a "significant pickup" in the fourth quarter, the housing market's slump appears benign and about to end, Kimmitt said, adding that he expects a "solid" 2007 marked by job creation and "moderate inflation." Read More »

Time for EU, Gulf to have free trade zone

AJOT | February 11, 2007 | International Trade

The European Union and a group of Gulf states must complete negotiations on a long-awaited pact to create a free trade zone, Chancellor Angela Merkel said. Read More »

China mulls ending VAT rebate on steel

AJOT | February 11, 2007 | International Trade

China is considering removing or reducing value-added tax (VAT) rebates on some steel products, government sources said on Monday, apparently accelerating the timetable for changes following a US complaint to the WTO over the country's export subsidies. Read More »

Germany begins EU Presidency; aims to revive constitution

AJOT | February 04, 2007 | International Trade

On Jan. 1 Germany took over the rotating presidency of the European Union, embarking on a six-month drive to revive the expanded bloc's stricken constitution and strengthen its ties to energy-rich Russia and Central Asia. Read More »

Canada manufacturers upbeat on sales, woes remain

AJOT | February 04, 2007 | International Trade

Canadian manufacturers see sales rising in the first quarter of this year and fewer impediments to production, but their overall outlook remains largely negative, a Statistics Canada survey showed. Read More »

Germans want better treatment for EU firms in China

AJOT | February 04, 2007 | International Trade

Germany will use its presidency of the European Union in the first half of this year to push for an end to discrimination against European companies in China, the German ambassador in Beijing said. Read More »

Openness can help China on trade

AJOT | February 04, 2007 | International Trade

The United States is willing to make it easier for China to import items on a US export control list if Beijing is more open about their use, a US trade official said. Read More »

EU lifts special controls for US corn

AJOT | January 21, 2007 | International Trade

European Union biotech experts agreed to end checks on imported US corn for an illegal biotech strain, almost two years after having launched the special measures. Experts said it's been more than a year since US corn tested positive for an illegal insect Read More »

US proposes lifting ban on Canadian cattle

AJOT | January 21, 2007 | International Trade

The US Department of Agriculture has proposed lifting its ban on the import of cheaper cattle from Canada, despite Canada's discovery of eight cases of mad cow disease since 2003, including five in 2006 alone, the Chicago Tribune reported. Read More »

Japan may scale back inspection of US beef

AJOT | January 21, 2007 | International Trade

The Japanese government indicated it may end the current practice of inspecting all boxes of beef imports from the US over fears of mad-cow disease, Kyodo reported. Read More »

Tech deal signed as Canada re-engages China

AJOT | January 21, 2007 | International Trade

Canadian Trade Minister David Emerson signed a technology deal with China, on a visit aimed at reinvigorating relations with the Asian superpower that have been dented by Canada's blunt talk on human rights. Read More »

Steel imports spur recovery of New Orleans

AJOT | January 14, 2007 | International Trade

Imported steel comprises about 45% of the Port of New Orleans' annual general cargo and yearly revenue stream. However, import restrictions on this valuable cargo nearly crippled the Port of New Orleans and many other ports throughout the nation in 2002 a Read More »

Brazil plans trade incentives for neighbors

AJOT | January 14, 2007 | International Trade

The Brazilian government is preparing to offer a series of trade incentives for South American neighbors Bolivia, Uruguay and Paraguay, the Brazilian financial newspaper Valor Economico reported. Read More »

Taiwan Dec. exports strong; may slow in ‘07

AJOT | January 14, 2007 | International Trade

Taiwan's exports grew faster than expected in December on steady sales of the island's electronic products and stronger-than-expected demand for base metal products in China and Europe. Read More »