International Trade

In Cuba, US senators see path for end to US embargo

Reuters | February 17, 2015 | International Trade

Three U.S. Democratic senators visiting Havana said that there could be enough Republicans who support lifting a trade embargo on Cuba to dismantle it in Congress. Read More »

Ford guns for China’s app addicts, seeks WeChat tie-up

Reuters | February 17, 2015 | International Trade

Ford Motor Co wants Tencent Holdings Ltd to tailor its popular chatting app for the firm's cars in China, as automakers in the world's largest market vie for drivers that care about high-tech features as much as engine size. Read More »

Apple orders 5-6 million watches

Reuters | February 17, 2015 | International Trade

Apple Inc has asked its Asian suppliers to make 5-6 million units of its three Apple Watch models for the first-quarter, the Wall Street Journal reported, citing people familiar with the matter. Read More »

Goodyear revenue falls 9% on lower shipments in Europe

Reuters | February 17, 2015 | International Trade

Goodyear Tire & Rubber Co reported a 9 percent drop in quarterly revenue due to lower shipments of replacement tires in Europe, which the company blamed on a milder-than-expected winter. Read More »

Premium Article  NRF’s Gold sees collaboration as critical for retailers navigating the US supply chain

Paul Scott Abbott | February 17, 2015 | International Trade

Collaboration not just between retailers and their respective transportation providers but also collectively as shippers is becoming increasingly essential, according to Jonathan Gold, vice president of supply chain and customs policy at the National Retail Federation. Read More »

Premium Article  The Import Nation: US imports rise with economy

George Lauriat | February 17, 2015 | International Trade

In 2014, US imports continued to rise in sync with an improving economy. Economists say the US economy is the biggest factor lifting the tide of global trade but will other factors dampen the forecast. Read More »

South Africa to improve pipelines, ports to buoy gas imports

Reuters | February 17, 2015 | International Trade

South Africa plans to improve its pipelines and ports to allow for more gas imports for use in power generation, the acting director general of the department of energy said on Tuesday. Read More »

Russia halts exports from Novorossiisk due to storm

Reuters | February 17, 2015 | International Trade

Russia has halted all exports from the Black Sea port of Novorossiisk due to stormy weather late on Monday, the Novorossiisk Commercial Sea Port (NCSP) Group said on Tuesday. Read More »

US eases restrictions on imports from private Cubans

Reuters | February 16, 2015 | International Trade

The United States on Friday eased restrictions on imports of goods and services from private Cuban entrepreneurs as part of Washington's rapprochement with Havana after more than half a century of enmity. Read More »

Hyundai to enter US commercial vehicle market as part of $1.8 billion offensive

Reuters | February 16, 2015 | International Trade

South Korea's Hyundai Motor Co plans to spend around $1.8 billion by 2020 on a major offensive in commercial vehicles, including entering the race in the United States, to catch up with rivals in a rapidly growing global market. Read More »

Land, finance key to India renewables drive

Reuters | February 16, 2015 | International Trade

India will struggle to hit its "hugely ambitious" renewable energy target if it fails to make more land available for plants and ensure utilities have the means to buy in clean energy, the head of U.S.-based First Solar said. Read More »

GE to use new India manufacturing facility as export hub

Reuters | February 16, 2015 | International Trade

General Electric Co will use its new manufacturing facility in India, which was formally inaugurated on Saturday, as an export hub, with plans to send half of its output to the conglomerate's global factories. Read More »

China’s Xiaomi to start small in US, with earphones and bands

Reuters | February 16, 2015 | International Trade

Xiaomi, China's largest smartphone company, will begin selling headphones, smart wristbands and other accessories online in the United States in coming months, taking its first tentative step onto Apple Inc's home turf without its signature Mi mobile devices. Read More »

Boeing wins $403 million upgrade deal for Japan government

Reuters | February 16, 2015 | International Trade

Boeing Co has won a contract valued at $403 million to upgrade four 767-based airborne warning and control aircraft for the government of Japan, the Pentagon said in its daily list of major contract awards. Read More »

WTO panel upholds most of complaint against China in steel duties dispute

Reuters | February 16, 2015 | International Trade

A World Trade Organization dispute panel upheld most parts of a complaint against China on Friday in a case brought by Japan and the European Union challenging Chinese anti-dumping duties on high performance seamless stainless steel tubes. Read More »

Brazil wants to renew Mexico auto quotas, avoid free trade

Reuters | February 16, 2015 | International Trade

Grappling with tumbling auto sales and weak economic growth, Brazil wants to renew an auto quota pact with Mexico that is set to expire in March, a move that could stoke trade tensions. Read More »

China’s economic planners aim to boost service exports

Reuters | February 16, 2015 | International Trade

China has set a target of reaching $1 trillion worth of trade in services by the year 2020, according to a newly released economic planning policy paper that emphasized a shift away from the export of goods. Read More »

Japan exports seen up for fifth straight month in January

Reuters | February 16, 2015 | International Trade

Japan's exports probably rose for a fifth straight month in January, providing an encouraging sign for an economy that is recovering from a recession last year, a Reuters poll showed. Read More »

222 Washington companies message to Washington congressional delegation

AJOT | February 16, 2015 | International Trade

222 Washington agriculture and forest products companies and organizations delivered a letter to the Washington Congressional Delegation. Read More »

SA Calls on European Union to Issue Import Approvals for 13 Biotech Traits Without Further Delay

AJOT | February 16, 2015 | International Trade

The ASA and the other groups noted that, while the process for approving new biotech traits had slowed in recent years, it now appears to have come to a “complete stop.” Read More »