International Trade

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 »

ASA Urges EU to accept U.S. Soy Sustainability Assurance Protocol to meet RED requirements

AJOT | February 16, 2015 | International Trade

The recent approval of U.S. soybeans certified by the U.S. SSAP as meeting the NEVEDI's need for sustainable feedstuffs is a significant step forward, and should serve as a model for how the program could satisfy the same requirements under the European Union’s RED requirements, according to the ASA. Read More »

Soy Growers Welcome Bill to Lift Cuban Embargo

AJOT | February 16, 2015 | International Trade

The American Soybean Association (ASA) welcomed legislation introduced today by Sen. Amy Klobuchar (D-Minn.) and backed by a bipartisan group of senators including Sens. Michael Enzi (R-Wyo.), Debbie Stabenow (D-Mich.), Jeff Flake (R-Ariz.), Patrick Leahy (D-Vt.), and Dick Durbin (D-Ill.) that would end the United States’ trade embargo with Cuba. Read More »

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

AJOT | February 16, 2015 | International Trade

In a letter sent today to European Health & Food Safety Commissioner Vytenis Andriukaitis, the American Soybean Association (ASA) and fellow farm groups urged that draft import authorizations for 13 new biotechnology products be considered without further delay by the EU’s College of Commissioners. Import authorizations for 13 new biotechnology products, including soybeans, corn, canola and cotton, are pending, some for well over a year. Read More »

Hyundai Heavy Industries union workers win court case

AJOT | February 16, 2015 | International Trade | Liner Shipping

The unionized workers of South Korean shipbuilder Hyundai Heavy Industries (HHI) have won a court battle on Thursday, according to which HHI should count regular bonuses as base pay, Yonhap news agency said. Read More »

California Consumers: More Spending, Higher Costs

AJOT | February 16, 2015 | International Trade

For the first time ever, we now have a detailed picture of California consumers and how their expenditure patterns compare to consumers in the nation overall. Read More »

Greece must respect EU rules but compromise needed says France’s Sapin

Reuters | February 16, 2015 | International Trade

French Finance Minister Michel Sapin said on Monday that Germany’s firm stance on Greece’s debt position was right in some ways, but the euro zone must also respect the change of government in Greece. Read More »

Honda to slow U.S. output due to West Coast ports dispute

Reuters | February 15, 2015 | International Trade

Japanese carmaker Honda Motor Co Ltd plans to slow production at some of its plants in North America due to a parts shortage caused by a partial shutdown of ports along the West Coast. Read More »

South Korea suspends imports of Canadian beef on mad cow concern

Reuters | February 14, 2015 | International Trade

South Korea has halted imports of Canadian beef after Canada on Friday confirmed its first case of mad cow disease since 2011, the South Korean agriculture ministry said. Read More »

Premium Article  US exports could grow in 2015

George Lauriat | February 13, 2015 | International Trade

US exports are growing but will they continue to rise with a strengthening dollar and weakening GDP growth among trade partners? Read More »