International Trade

EU challenges Canadian green power rules at WTO

AJOT | August 11, 2011 | International Trade

The European Union has launched a legal challenge against Canada at the World Trade Organization to protest against provincial rules for solar and wind energy subsidies, the bloc's executive said.

Following on the heels of a similar challenge by Japan Read More »

South.Korea trade minister sees exports holding up, fears protectionism

AJOT | August 11, 2011 | International Trade

South Korea's trade minister sees limited impact on the country's exports from a global slowdown caused by debt worries in Europe and the United States, though fears countries will resort to protectionism to protect their economies.

Kim Jong-hoon said Read More »

Li & Fung H1 profit falls on rising costs and weak U.S., Europe

AJOT | August 11, 2011 | International Trade

Li & Fung Ltd , the manager of supply chains for retailers including Wal-Mart Stores Inc and Target Corp , posted a 15 percent decline in its first-half net profit, as rising operating costs and flagging U.S. and European demand ate into margins.

It i Read More »

China may end anti-dumping tax on EU potato starch nxt yr

AJOT | August 11, 2011 | International Trade

China's anti-dumping tax on potato starch imported from the European Union (EU) may expire in February next year, China's Ministry of Commerce said. Read More »

China imposes duties on imported photo paper

AJOT | August 11, 2011 | International Trade

Companies from the European Union, the United States and Japan have been dumping photographic paper into China's market and will be forced to pay duties at Chinese Customs, China's commerce ministry said.

The initial ruling was the result of an invest Read More »

Zepol reports July vessel imports increase 2.45%

AJOT | August 11, 2011 | International Trade

Zepol Corporation, the leading trade intelligence company, reports that U.S. import shipment volume for July, measured in TEUs, increased 2.45% from June but decreased 4.10% from July of 2010. The total number of shipments also increased 3.49% from June w Read More »

Chinese authorities find 22 more fake Apple stores

AJOT | August 11, 2011 | International Trade

Authorities in China's southwestern city of Kunming have identified another 22 unauthorised Apple retailers weeks after a fake of the company's store in the city sparked an international storm.

China's Administration for Industry and Commerce in the Y Read More »

ASEAN seeks free trade bloc for resilience to global shock

AJOT | August 11, 2011 | International Trade

Southeast Asia needs to push ahead with a regional free trade bloc and policies to cope with global financial crises, Indonesia's government said.

Indonesia's Vice President Boediono, addressing trade ministers from the Association of Southeast Asian Read More »

Georgia says won’t be bullied into letting Russia into WTO

AJOT | August 11, 2011 | International Trade

Georgia can see the benefit of having Russia in the World Trade Organization but it feels under no pressure to let it in if the terms are not fair, the country's permanent representative in Geneva said.

Russia is the biggest economy outside the 153-me Read More »

US trade gap swells in June as demand wanes

AJOT | August 11, 2011 | International Trade

The U.S. trade gap widened in June to its largest since October 2008, as both U.S. imports and exports declined in a sign of slowing global demand, a government report showed.

The June trade deficit leapt to $53.1 billion, surprising analysts who expe Read More »

Management Dynamics releases new version of on-demand export compliance solution

AJOT | August 11, 2011 | International Trade

Management Dynamics, a leading provider of global trade management solutions, has announced the release of Export On-Demand 1.2, its export compliance solution for small and medium-sized exporters. The new release provides for enhanced compliance screenin Read More »

China costs start to worry US. multinationals

AJOT | August 11, 2011 | International Trade

For years, low prices on China-sourced goods helped dampen inflation in the United States. Now China's efforts to boost domestic consumer spending, reducing reliance on exports, are leading to higher costs for multinationals that manufacture goods there. Read More »

Still no path to approve US trade bills

AJOT | August 03, 2011 | International Trade

The White House and Congress have failed to reach a deal to ease the passage of three long-delayed free trade agreements when lawmakers return from recess in September, a top U.S. senator said.

Senate Finance Committee Chairman Max Baucus, a Democrat, Read More »

US steel imports drop 10% in June reflects softening demand

AJOT | August 03, 2011 | International Trade

US imports declined 10 percent in June compared to May according to preliminary data released by the Department of Commerce. 'The decline in imports appears to reflect weakening demand in the US, as market conditions softened during the second quarter and Read More »

Joy Global buys more shares of China’s IMM

AJOT | August 03, 2011 | International Trade

U.S. mining equipment maker Joy Global Inc said on Friday it bought 10.5 percent of China's International Mining Machinery Holdings Ltd (IMM) for about $140 million in the open market.

Joy Global said the 136.5 million shares it bought adds to the 41 Read More »

US business urges big changes in WTO trade talks

AJOT | August 03, 2011 | International Trade

With U.S. economic growth nearly stalled and unemployment stuck above 9 percent, Caterpillar's man in Washington, Bill Lane, has been pitching what many think is a crazy idea: one more try to reach a big market-opening deal through the World Trade Organiz Read More »

Apple juggernaut to see more China gains as telcos ring deals

AJOT | July 25, 2011 | International Trade

Apple is set to exponentially grow its China business as the country's No.1 and No.3 telecom operators jostle to stitch up deals to sell iPhones in the world's largest mobile phone market, home to more than 900 million subscribers.

China Unicom is the Read More »

Under debt shadow, Clinton to push Asia on trade

AJOT | July 25, 2011 | International Trade

U.S. Secretary of State Hillary Clinton will urge Asia to embrace "open, free, transparent and fair" global trade rules in a speech overshadowed by fears of a catastrophic U.S. debt default.

U.S. officials said Clinton will use her speech to business Read More »

Mexico posts $308 adjusted trade deficit in June

AJOT | July 25, 2011 | International Trade

Mexico posted a trade deficit in June, weighing on the economy as growth in factory exports trended lower, the national statistics agency said.

The trade deficit was $308 million in June when adjusted for seasonal swings, down from a $340 million defi Read More »

GE tops Wall Street estimates on overseas demand

AJOT | July 25, 2011 | International Trade

General Electric Co notched a better-than-expected 21.6 percent rise in earnings, helped by strong demand for jet engines as well as equipment used in oil and natural gas production.

The largest U.S. conglomerate said on Friday its second-quarter resu Read More »