International Trade

Chilean court orders 2nd copper warehouse to suspend operations

Reuters | March 16, 2015 | International Trade

A Chilean court has ordered port operator Antofagasta Terminal Internacional to temporarily suspend operations at a second copper stockpiling warehouse after high levels of heavy metals were found nearby, a move that could impact copper exports from the world’s No. 1 producer. Read More »

Bunge sells Cincinnati grain facility to warehouse firm Vogt

Reuters | March 16, 2015 | International Trade

Bunge North America’s grain terminal in Cincinnati, Ohio, which closed last year following an explosion, was sold in the past week to a local warehouse business, a spokeswoman for the company said. Read More »

Kenya seeks 2 year extension of regional sugar imports limits

Reuters | March 13, 2015 | International Trade

Kenya has requested a two year extension of sugar import limits from the regional trade bloc Common Market for Eastern and Southern Africa (COMESA) to revamp its ailing sugar industry, its agriculture minister said. Read More »

No bans on New Zealand dairy products after poison threat

Reuters | March 12, 2015 | International Trade

New Zealand has received no indications that any foreign countries would stop buying its dairy products following a threat to poison infant formula with a toxic pesticide, the agriculture ministry said. Read More »

US exports at risk as bird flu enters heart of poultry country

Reuters | March 12, 2015 | International Trade

A case of bird flu confirmed in the heart of America's poultry region, is certain to mean more export restrictions, increasing U.S. supply and likely forcing the world's biggest poultry companies to trim prices. Read More »

Unions freeze campaign contributions over trade

Reuters | March 12, 2015 | International Trade

The largest U.S. federation of labor unions said it is freezing contributions to federal candidates in next year's elections as it waits to see the outcome of key trade votes. Read More »

Mars Inc. set to open first chocolate factory in India

Reuters | March 12, 2015 | International Trade

Mars Inc said it is on track to open its first chocolate plant in India, where its popular Snickers and Galaxy bars will be made to meet growing demand. Read More »

Japan aluminium stocks climb for 11th month, hit record

Reuters | March 12, 2015 | International Trade

Aluminium stocks held at Yokohama, Nagoya and Osaka grew 0.8 percent in February from a month earlier to 453,400 tonnes, Marubeni Corp said on Thursday. The trading house collects data from those key ports. Read More »

Unions to make trade pacts an issue in 2016 campaigns

Reuters | March 11, 2015 | International Trade

Unions plan to make lawmakers' support for trade deals and legislation to streamline the passage of trade agreements through Congress an issue in next year's U.S. elections, the head of the country's largest labor federation said. Read More »

Suspected bird flu in Arkansas poultry threatens exports

Reuters | March 11, 2015 | International Trade

A suspected case of avian influenza has been identified in poultry in Arkansas, the third-largest U.S. turkey producer and home to Tyson Foods Inc , the nation's biggest chicken company, the U.S. Department of Agriculture said. Read More »

Hungary will not back any EU-US trade deal that impairs court authority

Reuters | March 11, 2015 | International Trade

Hungary will not support any trade agreement between the United States and the European Union that impairs the jurisdiction of Hungarian courts in trade disputes, Prime Minister Viktor Orban said. Read More »

Push against investment rules in trade deals picks up

Reuters | March 11, 2015 | International Trade

Law professors from around the United States urged lawmakers to keep rules to protect foreign investors out of trade pacts, warning they would give big companies too much power. Read More »

India plans anti-dumping duty on some steel from China, others

Reuters | March 11, 2015 | International Trade

India's trade ministry has recommended anti-dumping duties ranging from $180 to $306 per tonne for some industrial-grade stainless steel imported from China, Malaysia and South Korea in a bid to protect local industry. Read More »

Burton’s Biscuit Company announces new US distribution

AJOT | March 11, 2015 | International Trade

Burton’s Biscuit Company, the UK based international biscuit business, today announces a new U.S. distribution partnership with International Food Associates (IFA). Read More »

Apple Watch not yet setting Chinese pulses racing

Reuters | March 10, 2015 | International Trade

Apple Inc had China front and centre at the San Francisco launch of its smart Apple Watch, trumpeting a new store in Hangzhou city and demo-ing hit Chinese messaging app WeChat. Read More »

Indonesia to impose anti-dumping import duties to strengthen rupiah

Reuters | March 10, 2015 | International Trade

Indonesia will impose a series of regulations, including temporary anti-dumping import duties, to help narrow the current account deficit and prop up a weakening rupiah in Southeast Asia's largest economy, the finance minister said. Read More »

China to launch Guangdong free trade zone

Reuters | March 10, 2015 | International Trade

China plans to launch the Guangdong free trade zone (FTZ) on March 18, less than two years after its Shanghai FTZ was rolled out, according to a trade association in the province. Read More »

Germany’s Boehringer loses India patent on lung drug to Cipla

Reuters | March 10, 2015 | International Trade

India has revoked a patent on German pharmaceutical company Boehringer Ingelheim's lung drug Spiriva and ruled in favor of domestic drugmaker Cipla Ltd , in the latest setback for a multinational drugmaker operating in India. Read More »

Indian state’s beef ban to boost chicken sales

Reuters | March 10, 2015 | International Trade

Poultry firms expect demand to pick up after a ban on beef in India's western state of Maharashtra, with other states ruled by Prime Minister Narendra Modi's Hindu nationalist party also aiming to toughen laws on livestock slaughter. Read More »

Delayed trade bill no impediment to Pacific deal

Reuters | March 09, 2015 | International Trade

A delay in finalizing legislation to streamline the passage of trade deals through the U.S. Congress should not push back the timetable for completing a Pacific trade deal, a senior State Department official said. Read More »