International Trade

US says EADS stake sale should be on open market

AJOT | October 22, 2006 | International Trade

A senior US trade official said Germany should be careful about intervening to help aerospace firm EADS and should allow any stakes in Airbus's troubled parent company to be sold on the open market. Read More »

US, Japanese automakers argue for end of US steel tariff

AJOT | October 22, 2006 | International Trade

US automakers joined their Japanese competitors recently to argue before the US International Trade Commission for an end to 13-year-old steel tariffs. Read More »

Matson’s fast boat from China furnishes ‘FAB-ulous’ solution

AJOT | October 15, 2006 | International Trade

In a shift from tradition, FAB/Starpoint LLC is counting on a fast boat from China ' Matson Navigation Co.'s China-Long Beach Express ' to keep children's backpacks and a host of fashion accessories on US shelves. (FAB is short for Fashion Accessory Bazaa Read More »

Dollar slips after record US trade gap in August

AJOT | October 15, 2006 | International Trade

The dollar edged down against the yen and euro last week after a report showed the second consecutive record US trade deficit in August, but improved sentiment on the US economy stemmed the decline. Read More »

China, ASEAN speed up tariff reduction process

AJOT | October 15, 2006 | International Trade

China and the 10 members of the Association of Southeast Asian Nations (ASEAN) are speeding up the tariff reduction process to facilitate establishment of the free trade area (FTA), according to a senior foreign trade official in Beijing. Read More »

China aims for balanced exports, imports in 2010

AJOT | October 15, 2006 | International Trade

China is aiming to achieve a "basic balance" in its imports and exports in 2010 as it works to slow growth in its total trade, according to the Ministry of Commerce. Read More »

Caterpillar Urges Passage of US-Colombian Trade Promotion Agreement;

AJOT | October 08, 2006 | International Trade

In testimony on Oct. 5 before the United States International Trade Commission in Washington, DC the Caterpillar Inc. vice president with responsibility for Latin America urged congressional passage of the pending US-Colombia Trade Promotion agreement. Read More »

LA Mayor Antonio Villaraigosa addresses Pacific Council

AJOT | October 08, 2006 | International Trade

On the eve of his trip to Asia, Antonio Villaraigosa, Mayor of Los Angeles, joined the Pacific Council on International Policy in the unveiling of a binational US-Japan task force report, entitled Engaging China and India: An Economic Agenda for Japan and Read More »

FAIR calls EC proposal to impose anti- dumping customs duties on China and Vietnam footwear imports

AJOT | October 08, 2006 | International Trade

With an extremely close vote last week the Council of Ministers of the EU Member States adopted the proposal of the European Commission to impose anti- dumping customs duties on footwear imports from China and Vietnam. "We will not accept this decision," Read More »

Trade Coalition calls for Freight Transportation Trust Fund

AJOT | October 01, 2006 | International Trade

The establishment of a new federal trust fund to finance a growing backlog of goods movement projects is necessary to ensure American retailers, manufacturers and their products remain competitive in the coming years, according to the Coalition for Americ Read More »

China calls for US senators to halt tariff bill

AJOT | October 01, 2006 | International Trade

On Sept 27 China called for US Senators Charles Schumer and Lindsey Graham to halt their bill threatening tariffs on goods from China if Beijing does not significantly raise the value of its currency. Read More »

‘Imbalances’ could pose threat to global economy

AJOT | October 01, 2006 | International Trade

The world's economy continues to show growth and momentum, but several negative factors could still have a negative impact. Economic analysis from global trade credit insurer Euler Hermes says a more evident slowdown may be seen throughout the remainder o Read More »

Business Roundtable calls for US-China trade consensus;

AJOT | September 24, 2006 | International Trade

Business Roundtable, representing 160 CEOs of leading American companies, recently called attention to the critical state of the China trade debate in Washington and released a series of recommendations on how US policymakers can most effectively address Read More »

US Customs and Border Protection emphasizes trade role

AJOT | September 24, 2006 | International Trade

US Customs and Border Protection (CBP) announced the formation of a new office, designed to spearhead its national trade policy, which will consolidate its trade policy, program development, and compliance measurement functions into a single Office of Tra Read More »

Canada’s lower parliament passes softwood deal with US

AJOT | September 24, 2006 | International Trade

The controversial US-Canada softwood lumber deal passed easily in Canada's House of Commons on Sept. 19, ensuring the survival of the country's minority Conservative government. Read More »

Idaho delegation applauds signing of Softwood Lumber Agreement

AJOT | September 17, 2006 | International Trade

Idaho Sens. Mike Crapo and Larry Craig and Idaho Reps. Mike Simpson and C.L. "Butch" Otter say last week's signing of the US-Canada Softwood Lumber Agreement is a necessary final step to provide for the implementation of this long sought resolution. The d Read More »

US lumber execs appeal to block $500 million to competitors

AJOT | September 17, 2006 | International Trade

Lumber manufacturers representing firms with operations in more than 16 states were in Washington, DC last week to appeal to Members of Congress to intervene in the Administration's plans to provide preferential financial benefits of $500 million to a sma Read More »

Wen tells EU that China will address trade issues

AJOT | September 17, 2006 | International Trade

Chinese Premier Wen Jiabao promised Europe that China was dealing with issues related to its rapid economic growth, such as ensuring intellectual-property rights, and would work to tackle its huge trade surplus with the 25-member European Union. Read More »

US groups warn against revoking trade benefits

AJOT | September 10, 2006 | International Trade

A Bush administration move possibly to revoke trade benefits for large developing nations like Brazil, India and South Africa would be a serious blow for development and could backfire, US groups said. Read More »

NCBFAA president calls for timely renewal of GSP

AJOT | September 10, 2006 | International Trade

In a letter addressed to Marideth J. Sandler, Chair of the GSP Subcommittee of the Trade Policy Staff Committee in the Office of the US Trade Representative, the National Customs Brokers and Forwarders Association of America, Inc. (NCBFAA) President Mary Read More »