The United States, the European Union and Japan are accusing China of unfairly limiting its exports of so-called “rare earth” minerals that are key components of many high-technology products. The U.S., Japan and the 27-nation EU filed a complaint against China on Tuesday with the World Trade Organization in Geneva to seek a resolution of […]
US, EU, Japan File WTO Case Against China Over Rare Earths
Posted March 13th, 2012 at 11:25 am (UTC-5)
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US, EU, Japan File WTO Case Against China Over Rare Earths
Posted March 13th, 2012 at 9:10 am (UTC-5)
The United States, the European Union and Japan are accusing China of unfairly limiting its exports of so-called “rare earth” minerals that are key components of many high-technology products. The U.S., Japan and the 27-nation EU filed a complaint against China on Tuesday with the World Trade Organization in Geneva to seek a resolution of […]
US to File WTO Case Against China Over Rare Earths
Posted March 13th, 2012 at 3:35 am (UTC-5)
Officials with the Obama administration say the United States will file a new trade case against China over its limits on exports of so-called “rare earth” minerals. The officials say President Barack Obama will announce Tuesday that the U.S., along with the European Union and Japan, will file the case at the World Trade Organization. […]
US to File WTO Case Against China Over Rare Earths
Posted March 12th, 2012 at 11:40 pm (UTC-5)
Officials with the Obama administration say the United States will file a new trade case against China over its limits on exports of so-called “rare earth” minerals. The officials say President Barack Obama will announce Tuesday that the U.S., along with the European Union and Japan, will file the case at the World Trade Organization. […]
Beijing Criticizes US Bill Targeting Subsidized Chinese Goods
Posted March 7th, 2012 at 3:20 am (UTC-5)
The Chinese government on Wednesday criticized the U.S. Congress for passing a law that allows the United States to impose higher tariffs on imports from China and other state-run economies. Lawmakers on Tuesday overwhelmingly approved the measure, which is meant to counteract government payments that many say give Chinese exporters an unfair advantage on the […]
South Korea to Open Free Trade Talks With Vietnam
Posted February 13th, 2012 at 3:45 am (UTC-5)
South Korea says it is preparing to enter free trade talks with Vietnam. In a news release Monday, South Korea’s finance ministry said the talks will be aimed at strengthening ties with the fast-growing Southeast Asian market. Vietnam’s economy has been growing at 5 to 8 percent a year and South Korean exports to Vietnam […]
China Posts Worst Import/Export Data in Two Years
Posted February 10th, 2012 at 4:50 am (UTC-5)
China’s trading activity shrank in January compared to the same period a year earlier, raising concern that weak overseas demand is taking a toll on the export-driven economy. Figures released Friday by the customs agency indicate imports sank 15.3 percent to $122.6 billion, while exports dropped 0.5 percent to $149.9 billion. It is the worst […]
World Bank Says Intra-Africa Trade Significantly Lacking
Posted February 8th, 2012 at 12:50 pm (UTC-5)
The World Bank says African nations are annually losing out on billions of dollars of potential trade earnings because of trade barriers among neighboring countries and onerous shortcomings rooted in the continent’s history. In a report released Wednesday in South Africa, the World Bank said it is easier for Africa to trade with the rest […]
South Korean Lawmakers Call for Renegotiation of Trade Agreement with US
Posted December 27th, 2011 at 7:30 am (UTC-5)
South Korean lawmakers on Tuesday adopted a resolution urging the country’s government to renegotiate portions of the recently ratified free trade agreement with the United States. The resolution by the National Assembly’s foreign affairs committee took issue with a clause in the treaty that would allow foreign investors to take trade disputes to an international […]
China Imposes New Tariffs on US Auto Imports
Posted December 14th, 2011 at 1:10 pm (UTC-5)
China says it will impose new taxes on certain U.S.-made vehicle imports, in the latest move to test the strained U.S.-China trade relationship. China’s Commerce Ministry said beginning Thursday it will impose duties from two to 2.5 percent on imported passenger cars and sport utility vehicles with engine capacities of 2.5 liters or more. In […]
