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  • Dec 22- Hong Kong said Monday it has suspended imports of certain U.S. poultry and poultry products because strains of avian influenza have been identified in the United States, marking the second foreign market to issue such a ban. No human cases involving either viral strain have been detected in the United States or Canada, and there are no immediate public...

  • BEIJING/ CHICAGO, Dec 22- China has officially approved imports of a type of genetically modified corn at the centre of a string of lawsuits over U.S. grain shipments, seed maker Syngenta AG said on Monday, ending uncertainty after a five-year review. Beijing has been taking longer than in the past to approve new biotech crops amidst growing consumer sentiment...

  • WASHINGTON, Dec 22- Russia is starting to backslide on its commitments to become a fully-fledged member of the global economy and trading community, the United States' trade office said on Monday. Relations between the United States and Russia are at their lowest since the Cold War because of Russia's annexation of Crimea from Ukraine last March and its support...

  • South Korea's trade ministry said in a statement that the high U.S. tariffs on Korean steel pipes, over $100 million annually, put them at a price disadvantage compared with imports from India and other countries. The U.S. International Trade Commission ruled in August that "oil country tubular goods" imports from South Korea, India, Taiwan, Turkey, Ukraine and...

  • LONDON, Dec 22- Russia has complained that a U.S. move to scrap a 15- year-old deal sheltering Russian flat-rolled steel producers from high import duties is inconsistent with World Trade Organization rules. As a result, Russian steelmaker Severstal now faces anti-dumping duties of 73.59 percent, while other producers like Novolipetsk Steel and...

  • BEIJING, Dec 22- China has officially approved imports of a genetically modified corn seed at the center of a string of lawsuits over U.S. grain shipments, seed firm Syngenta AG said on Monday, ending uncertainty after a five-year review. Syngenta's Agrisure Viptera corn strain has been under scrutiny since late last year, when China rejected over a million...

  • South Korea's trade ministry said in a statement that the high U.S. tariffs on Korean steel pipes- over $100 million annually- put them at a price disadvantage compared with imports from India and other countries. The U.S. International Trade Commission ruled in August that "oil country tubular goods" imports from South Korea, India, Taiwan, Turkey, Ukraine and...

  • They're alive! Cuba's Frankenstein classic cars Sunday, 21 Dec 2014 | 3:00 PM ET
    A classic taxi car cruises the streets of Havana, Cuba.

    Car collectors hoping to go auto hunting in Cuba may find a number of U.S. classics in surprisingly good shape, an expert says.

  • US companies eager to embrace Cuba face hurdles Sunday, 21 Dec 2014 | 11:13 AM ET

    American businesses have begun imagining ways to capitalize on last week's announcement that the United States will restore diplomatic ties with Cuba and ease curbs on trade with one of the last surviving Communist regimes. Their more ambitious plans would require that Congress lift the U.S. embargo on most exports to Cuba. All that said, Cuba experts have a...

  • BEIJING, Dec 21- China's trade minister proposed more use of China's currency in settling trade with Russia in the face of a falling rouble to ensure safe and reliable trade, Hong Kong broadcaster Phoenix TV reported on Saturday. Chinese Minister of Commerce Gao Hucheng said the use of China's yuan, or renminbi, has been increasing for several years but western...

  • Illinois farm groups foresee market growth in Cuba Saturday, 20 Dec 2014 | 12:42 PM ET

    BLOOMINGTON, Ill.— Illinois farm groups are looking to Cuba as a growing market for corn, soybeans, pork and other products the state produces, and they see the state's access to rail and river transportation as an advantage to trade with the Caribbean island nation of 11 million consumers. The thaw in relations between the United States and Cuba could mean up to $7...

  • WICHITA, Kan.— President Barack Obama's announcement this week to normalize diplomatic relations with Cuba and ease some economic restrictions has been closely followed in Kansas, as the move could open up a major market for winter wheat producers. The Republican senator urged the Treasury Department to immediately rewrite cumbersome regulations that...

  • MEXICO CITY/ NEW YORK, Dec 19- Mexico and the United States finalized a pact on Friday to end a months-long sugar dispute that threatened to escalate into a broader trade battle. The two countries have settled on agreements that will avoid hefty duties on imports of sugar from Mexico, the U.S. Department of Commerce said in a statement. In a deal hammered out after...

  • MEXICO CITY/ NEW YORK, Dec 19- Mexico and the United States have finalized a pact to end a months-long sugar dispute that threatened to escalate into a broader trade battle, a source close to the talks said on Friday. The two countries have settled on an agreement that will avoid hefty duties on imports of sugar from Mexico and is similar to a draft deal agreed in...

  • MEXICO CITY/ NEW YORK, Dec 19- Mexico and the United States have finalized a pact to end a months-long sugar dispute that threatened to escalate into a broader trade battle, a source close to the talks said on Friday. The two countries have settled on an agreement that will avoid hefty duties on imports of sugar from Mexico and is similar to a draft deal agreed in...

  • WASHINGTON, Dec 19- President Barack Obama on Friday said he would ban exports of goods, technology or services to Ukraine's Crimea region, and called on Russia to end its annexation of the region. In a statement, Obama said his order "is intended to provide clarity to U.S. corporations doing business in the region and reaffirm that the United States will not accept...

  • WASHINGTON, Dec 19- President Barack Obama on Friday said he would ban exports of goods, technology or services to Ukraine's Crimea region, and called on Russia to end its annexation of the region. Obama also authorized the Treasury Department to impose sanctions on individuals and companies operating in the region. In a statement, Obama said his order "is...

  • WASHINGTON— President Barack Obama says it will likely be a while before Capitol Hill begins a debate about possibly lifting the trade embargo with Cuba, which must be done by Congress. The news conference came two days after the president made the surprise announcement that he was moving to restore diplomatic relations with Cuba after half a century of Cold...

  • US companies clamor to do business in Cuba Friday, 19 Dec 2014 | 8:43 AM ET

    Some U.S. companies took immediate steps to enter the Cuban marketplace after Obama's move to end the trade embargo. The NYT reports.

  • US agriculture has big appetite for Cuba trade Friday, 19 Dec 2014 | 1:40 AM ET

    MINNEAPOLIS— U.S. agriculture has a big appetite for freer trade with Cuba. Major U.S. farm groups including the American Farm Bureau Federation and National Farmers Union, as well as leading agribusinesses such as Cargill Inc., have long advocated normalized trade relations with Cuba, a market of 11 million consumers just 90 miles off U.S. shores.