International Trade

​German exports struggle to regain momentum in June

AJOT | August 08, 2013 | International Trade

German exports missed forecasts in June and imports surprisingly fell, suggesting sales of goods and services abroad may drag on growth in the second quarter, although other data have pointed to a pickup. Read More »

​Mexican emerges as global sugar supplier

AJOT | August 08, 2013 | International Trade

Mexico will ship more than 700,000 tons of sugar to world markets outside of the United States in the 2012/13 crop year as the country becomes a global supplier for the first time in at least a decade, according to the chief of a trade association representing cane mill owners. Read More »

​Robust China trade data, dollar weak

AJOT | August 08, 2013 | International Trade

Signs of resilience in China's slowing economy helped end a 3-day selloff in world equities prompted by talk the U.S. Federal Reserve could soon wind back its stimulus program. Read More »

​Solar crisis drags Germany’s SMA into loss

AJOT | August 08, 2013 | International Trade

Plunging prices for solar equipment caused a bigger than expected loss at SMA Solar , putting more pressure on Germany's top sector player to escape a crisis that has rattled most parts of the industry. Read More »

​Unexpected strength in China trade data eases some gloom

AJOT | August 08, 2013 | International Trade

Surprisingly firm rebounds in China's exports and imports in July offered some hope that the world's second-largest economy might be stabilizing after more than two years of slowing growth, although an imminent rebound still looks unlikely. Read More »

​Volatile China commodities imports rebound in July

AJOT | August 08, 2013 | International Trade

China's imports of crude and iron ore rebounded from multi-month lows to hit record highs in July, as more raw materials were shipped in to rebuild depleted stocks, amid tentative signs of stabilizing activity in the world's second-largest economy. Read More »

​ADM wins Korean approval for GrainCorp deal, needs China

AJOT | August 07, 2013 | International Trade

Archer Daniels Midland Co said that South Korea had cleared the grain trader's takeover of GrainCorp Ltd, leaving China and Australia as the last two countries that need to approve the deal. Read More »

​China fines milk powder makers $110 million for price fixing

AJOT | August 07, 2013 | International Trade

China fined six companies including Mead Johnson Nutrition Co, Danone and New Zealand dairy giant Fonterra a total of $110 million following an investigation into price fixing and anti-competitive practices by foreign baby formula makers. Read More »

​India relaxes steel import standards

AJOT | August 07, 2013 | International Trade

India said some steel products can be imported for certain critical applications without local quality certification, a move that could further hit domestic suppliers after imports rose 15 percent last fiscal year. Read More »

India to milk advantage from curbs on New Zealand dairy products

AJOT | August 07, 2013 | International Trade

India, the world's biggest milk producer, hopes to seize on a New Zealand dairy product contamination scare to increase its exports and add market share in China and other emerging Asian countries. Read More »

​US GDP likely to get boost from smaller trade gap

AJOT | August 07, 2013 | International Trade

The U.S. economy likely grew faster than initially reported in the second quarter, thanks to a sharp narrowing in the trade deficit to its lowest in more than 3-1/2 years in June as exports touched a record high and imports fell. Read More »

​Canada June trade deficit shrinks, exporters still struggling

AJOT | August 06, 2013 | International Trade

Canada's trade deficit in June shrank as exports grew more than twice as fast as imports but the shortfall for the first half of the year was the second highest on record, reflecting the serious challenges exporters face. Read More »

​Fossil profit beats Street as it sells more in Europe, Asia

AJOT | August 06, 2013 | International Trade

Fashion accessory maker and retailer Fossil Group Inc. reported a better-than-expected quarterly profit as it sold more watches and jewelry in Europe and Asia. Read More »

TEDA, World Trade Center of New Orleans establish ‘direct partnership’

AJOT | August 06, 2013 | International Trade

Officials with the Terrebonne Parish Economic Development Authority (TEDA) and the World Trade Center of New Orleans (WTCNO) have signed a memorandum of understanding (MOU) outlining a cooperative effort to expand international trade and boost manufacturing, distribution, and other enterprises in Terrebonne Parish. Read More »

​US trade gap hits 3-1/2-year low, may boost GDP growth

AJOT | August 06, 2013 | International Trade

The U.S. trade deficit narrowed sharply in June to its lowest in more than 3-1/2 years as imports fell and exports touched a record high, suggesting an upward revision to second-quarter growth. Read More »

​Asia’s exports stutter, missing out on US revival

AJOT | August 05, 2013 | International Trade

The U.S. economy may have stopped sneezing, but Asia's exports are still laid up with a nasty cold. Read More »

​Roche cancer drug suffers patent setback in India

AJOT | August 05, 2013 | International Trade

India has partly revoked patents granted to a Roche Holding AG breast cancer medicine, the Swiss firm said on Sunday, in the latest regulatory setback for western drugmakers trying to crack the fast-growing market. Read More »

US wins trade dispute with China over chicken parts

AJOT | August 05, 2013 | International Trade

The United States won a long-running trade dispute with China on Friday when the World Trade Organization found Beijing had broken global rules by imposing anti-dumping duties on U.S. chicken broiler parts. Read More »

​Terrebonne strengthens economic ties with Weihai, China

AJOT | August 02, 2013 | International Trade

As Kristen Legendre approaches day 30 of her 90-day economic development mission to Weihai City, China, on behalf of the Terrebonne Parish Economic Development Authority (TEDA), she says the most promising prospects include the exportation of U.S. seafood and shipbuilding expertise. Read More »

​US steelmakers seek protection against European products

AJOT | August 02, 2013 | International Trade

A U.S. steel industry group has asked the government trade representative to intervene to protect domestic producers from growing imports of steel products from Europe. Read More »