President Barack Obama will launch a trade suit against China alleging unfair trade practices by the Chinese government to benefit its auto industry, an U.S administration official said on Monday.
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.
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.
The United States will file an unfair trade complaint with the World Trade Organization against China for its duties on U.S.-made car imports.
China, which according to various estimates produces between 90 to 98 percent of the world's rare earth supplies, warned that a decline in its rare earth resources was accelerating.
The European Council's June 28-29 meeting will no doubt be the main focus of this week as some hope that new steps can be taken to grapple with the region's debt crisis.
The European Union has filed a suit with the World Trade Organization against Argentina?s import restrictions, raising the dispute between the EU and the South American nation only weeks after Buenos Aires nationalized Spanish oil firm Repsol?s subsidiary in the country.
The United States has approached the World Trade Organization (WTO) against India's import restrictions on US agricultural products.
As U.S. and Chinese leaders are set to meet in Beijing on May 3-4, a year of troubles and differences will be prominent in their minds.
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.
The European Union is preparing to file a complaint with the World Trade Organization over Argentina's new import restrictions, and may seek additional action in response to the country's recent nationalization of its largest oil firm YPF. The Argentinian government seized control of the company from Spanish oil major Repsol.
China's New Rare Earth Policies Could Further Diminish Exports Of Critical Minerals, Weakening Western Manufacturers
China produces 97 percent of the world's rare earths, minerals that are critical for the production of everything from cell phones to missiles -- and now it wants to keep more of them for itself. The world is worried, but there may be little it can do.
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.
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.
Brazil, Russia, India, China and South Africa are meeting in Delhi to discuss a range of issues, including increased financial integration of the member countries.
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.
As Russia prepares to join the World Trade Organization his summer, the U.S. Congress is under increasing pressure to repeal a Soviet-era trade restriction called the Jackson-Vanik Amendment. But some senators don’t want to repeal the sanctions just yet--at least, not without applying certain conditions.
The U.S., the European Union and Japan will file a complaint with the World Trade Organization, which arbitrates international trade disputes, on Tuesday over Chinese export caps on rare earth minerals used in high-tech manufacturing, the Wall Street Journal reported.
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.
U.S. to Press WTO on Rare Earths Case Against China: Is it Another Move by Obama Before Facing Presidential Election?
The U.S. will join Japan and the European Union for pressing the World Trade Organization to force China for loosening its restrictions on exports of rare-earth minerals.
Boeing Co. and Airbus SAS both claimed victory Monday in a World Trade Organization ruling that the U.S. aircraft maker had received unfair government subsidies.
The Geneva-based trade body will uphold a ruling that Boeing got billions in dollars in unfair subsidies from the U.S. government, Reuters reported.
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.
Leading U.S. software and technology companies on Wednesday pressed President Barack Obama's administration for quick action on a new Indian government policy that they said threatens U.S. exports to the fast-growing economy.
Leading software and technology companies on Wednesday pressed President Barack Obama's administration for quick action on a new Indian government policy that they said threatens exports to the fast-growing economy.
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.
Russia, along with China, has stymied efforts by the West and the United Nations to condemn violence perpetrated by the regime of President Bashar al-Assad of Syria, a longtime Moscow ally.
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.
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 World Trade Organisation ruling against China's restrictions on raw material exports could force changes to some of its rare earth policies but is unlikely to yield the boost in exports of the metals that consumers want to see.