Australian Court OKs Tobacco Pack Logo Ban

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From December 1, cigarettes and tobacco products in Australia must be sold in plain olive green packets with graphic health warnings, such as pictures of mouth cancer and other smoking-related illnesses.

US Wins WTO Case Over China Bank Card Monopoly

Credit cards are pictured in a wallet in Washington
A World Trade Organization panel ruled Monday that China had discriminated against U.S. bank card suppliers in favor of a state-owned enterprise, a decision U.S. card issuers hope could level the playing field and open up new opportunities to China's $1 trillion electronic payments market.
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US Work Visa Law: India To Move WTO

India will file a formal complaint with the World Trade Organization against the US over its visa policy, which India says is discriminatory to Indian companies, the Wall Street Journal has reported quoting a Ministry of Commerce official.
Alicia Barcena, executive secretary of the U.N. Economic Commission for Latin America and the Caribbean.

Mexico GDP May Grow Faster Than Expected, U.N. Official Predicts

The head of the United Nations Economic Commission for Latin America and the Caribbean Alicia Barcena suggested Wednesday that Mexico’s 2012 GDP growth could be higher than expected due to the pace of recovery in the United States and Mexico’s open economic policies relative to other countries in the region.
WTO trade map

WTO Warns Global Trade Will Shrink Again In 2012

Trade growth is expected to slow for a second year in 2012 amid severe downside risks that could push it even further below the 20-year average of 5.4 percent, the Geneva-based body forecast Thursday.
U.S. - Russia

Russia Trade Bill No 'Slam Dunk': GOP's Kyl

A senior Republican senator on Thursday warned the White House that passing legislation to bolster trade relations with Russia won't be a slam dunk because of concerns over that country's record on human rights and foreign policy actions.
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EU, US, Japan Launch Rare Earth WTO Case Against China

The European Union, United States and Japan formally asked the World Trade Organization on Tuesday to settle a dispute with China over Beijing's restriction on exports of raw materials, including rare earth elements critical to major industries.

WTO Judges Fault Boeing Subsidies: Sources

The World Trade Organization has broadly upheld a ruling that Boeing Co (BA.N) took billions of dollars of unfair subsidies, breathing new life into an epic trade spat that has already faulted European aid to Airbus, people familiar with the matter said.
A general view of a container port in Shanghai

China Lambasts U.S. Trade Bill, Won't Adjust Yuan

A U.S. trade bill targeting Chinese imports goes against international rules and Beijing will not adjust the value of its currency to try to bridge a trade deficit that is Washington's problem to fix, China's commerce minister said on Wednesday.
Barack Obama

Obama Creates Trade Enforcement Unit

President Barack Obama will sign an executive order on Tuesday creating a new trade enforcement agency to ensure the nation's trading partners, namely China, play fair.
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Obama to Sign Order Creating Trade Enforcement Unit

President Barack Obama, following through on a promise to beef up enforcement of trade agreements, on Tuesday will sign an executive order creating a new government team to make sure China and others play by the rules, the White House said.
A visitor walks on the Luanling section of the Great Wall, in Huairou District

China Loses Appeal at WTO of Export Restrictions

China lost an appeal at the World Trade Organization on Monday in a case about its export restrictions on raw materials, a ruling that could make it harder for major commodity exporters to withhold supplies on the global market.


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