International Trade

How Europe and U.S. stumbled into spat over China-led bank

AJOT | March 23, 2015 | International Trade

Sometime geopolitical shifts happen by accident rather than design. Read More »

China to reap Alibaba windfall as tightens up on tax

AJOT | March 23, 2015 | International Trade

China could make billions of dollars from taxing gains made by employees of e-commerce giant Alibaba Group (BABA.N) who are free to sell their shares for the first time since its IPO, as the country tightens up its leaky mechanisms for tax collection. Read More »

China steel firms turn overseas as domestic woes mount

AJOT | March 23, 2015 | International Trade

Laden with debt and struggling to make money as the world's No.2 economy loses momentum, China's steel mills do not appear obvious candidates for overseas expansion. Read More »

Chicken council favors TPA, Cuba trade

AJOT | March 23, 2015 | International Trade

The National Chicken Council (NCC) favors the passage of legislation now pending before Congress to give the administration Trade Promotion Author- ity (TPA). TPA provides for an up or down vote in the House and Senate on trade deals without the opportunity to enact amendments or make changes in the agreements. The previous authority expired in 2007. Read More »

German industrial plant makers see flat or lower 2015 demand

Reuters | March 23, 2015 | International Trade

German manufacturers of large industrial plants expect demand to remain stable at best in 2015 due to muted growth prospects in core markets such as Brazil, China and Russia. Read More »

JP’s premier Jamaican trade: coffee

Karen Thuermer | March 20, 2015 | International Trade

While Jamaica Producers (JP) has its roots in the banana trade and diversified into a wide host of businesses, coffee remains an important commodity for the company. Read More »

SE Asia Stocks - Major markets retreat; Thai VAT rate plan lifts retailers

Reuters | March 20, 2015 | International Trade

Most major Southeast Asian stock markets fell on Friday as investors booked profits a day after a rally on easing concerns about an imminent Fed rate hike, but Thai retailers outperformed after a plan to maintain the value-added tax rate. Read More »

‘Huge amounts’ of beef going to China despite ban according to U.S. official

Reuters | March 19, 2015 | International Trade

“Huge amounts” of American beef are bypassing China’s import bans, a top U.S. trade official said this week, even as the Chinese government cracks down on agricultural smuggling. Read More »

Global push aims to change China’s mind on bank rules

Reuters | March 19, 2015 | International Trade

The United States has joined forces with Japan and the European Union to pressure China on new bank cybersecurity rules that have upset foreign companies, a senior U.S. official said. Read More »

Nucor cuts profit forecast as imports hurt steel prices

Reuters | March 19, 2015 | International Trade

Nucor Corp, the No.1 U.S. steelmaker, cut its profit forecast for the first quarter, saying higher imports were hurting steel prices. Read More »

Brazil ships ethanol to US, as weak real hits trading

Reuters | March 19, 2015 | International Trade

Royal Dutch Shell Plc has booked a large cargo of Brazilian ethanol to the United States, the strongest sign yet that currency swings, hefty oversupply and weak prices in the world's biggest producers are roiling trade flows, sources said. Read More »

US, New Zealand launch challenge to Indonesian import barriers

Reuters | March 19, 2015 | International Trade

The United States and New Zealand challenged Indonesia's import restrictions on food and other farm products, saying barriers to goods ranging from potatoes to poultry breached international trade obligations. Read More »

EU seeks solution to keep arbitration in US trade deal

Reuters | March 19, 2015 | International Trade

The EU's trade chief sought to overcome one of the biggest disputes blocking an accord with the United States, offering to radically change the way companies would resolve conflicts in transatlantic business. Read More »

Starbucks partners drinks maker Tingyi to expand in China

Reuters | March 19, 2015 | International Trade

Starbucks Corp will partner Taiwanese drinks maker Tingyi Holding Corp to produce and sell ready-to-drink (RTD) beverages in China, becoming the latest global firm to latch on to a local peer to expand in the tricky market. Read More »

Microsoft tackles China piracy with free upgrade to Windows 10

Reuters | March 19, 2015 | International Trade

Microsoft Corp is making its biggest push into the heavily pirated Chinese consumer computing market this summer by offering free upgrades to Windows 10 to all Windows users, regardless of whether they are running genuine copies of the software. Read More »

Falling imports boost euro zone trade surplus in January

Reuters | March 19, 2015 | International Trade

Euro zone imports dropped year-on-year in January while exports remained flat, boosting the single currency area's trade surplus, data from the European Union's statistics office showed. Read More »

China imposes new restrictions on Norwegian salmon

Reuters | March 19, 2015 | International Trade

China will impose new restrictions on imports of Norwegian salmon from March 23 due to worries about disease, the Norwegian Food Safety Authority said. Read More »

TT Club Warns Baltic Ports to Protect Against Reputational Damage

AJOT | March 19, 2015 | International Trade

Speaking during Baltic Transport Week in Gdansk this week Andrew Huxley, Development Director at freight transport insurance specialist TT Club, warned port and terminal operators to be aware of the reputational damage that can be a serious consequence of uninsured incidents resulting from avoidable risks Read More »

Time running out for Greece, says Germany’s Schaeuble

Reuters | March 18, 2015 | International Trade

German Finance Minister Wolfgang Schaeuble said on Wednesday time was running out for Greece, which is trying to renegotiate the terms of its international bailout, and urged the government in Athens to focus on regaining competitiveness. Read More »

Brazil securities regulator fines tycoon Batista $432,000

Reuters | March 18, 2015 | International Trade

Brazil’s securities regulator fined former billionaire Eike Batista 1.4 million reais ($432,000) for failing to promptly let investors know about a takeover and the delisting of parts of his once-giant EBX energy, mining, port and shipbuilding group. Read More »