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  • Now it's heating up, as the administration tries to craft a new trade agreement with Japan and 10 other Pacific-rim countries. It lets Congress ratify or reject-- but not amend-- proposed trade pacts. Trade Representative Michael Froman-- got warmer receptions Tuesday from Republicans as he testified before key Senate and House committees.

  • WASHINGTON, Jan 27- The United States is continuing to close gaps with Japan over exports of autos and farm goods, U.S. In a written statement, Froman said the U.S. trade office aimed to successfully conclude a Trans-Pacific Partnership deal in 2015. A deadlock with Japan has been blamed for delays in reaching a deal. "We continue to work with Japan to address the...

  • WILL PUSH BACK AGAINST TRADING PARTNERS' EFFORTS TO USE GEOGRAPHICAL INDICATIONS TO LIMIT MARKET ACCESS FOR FARM GOODS.

  • TRADE REPRESENTATIVE SAYS CONTINUES TO WORK WITH JAPAN TO ADDRESS BARRIERS TO US AUTO EXPORTS.

  • TRADE REPRESENTATIVE SAYS AIMS TO SUCCESSFULLY CONCLUDE PACIFIC TRADE PACT IN 2015.

  • WASHINGTON, Jan 27- The top U.S. trade official urged Congress to back the administration's trade agenda on Tuesday and said an ambitious Pacific trade pact is nearing completion. Trade Representative Michael Froman said the administration was looking to lawmakers to pass bipartisan legislation allowing a streamlined approval process for trade deals,...

  • WASHINGTON, Jan 27- The final form of an ambitious Pacific trade pact is coming into focus, U.S. Trade Representative Michael Froman said on Tuesday as he urged Congress get behind the U.S. trade agenda. In remarks prepared for delivery to key congressional committees, Froman said the administration was looking to lawmakers to pass bipartisan legislation...

  • SINGAPORE, Jan 27- U.S. exports of condensate have been given an important boost after pipeline company Enterprise Products Partners LP agreed annual contracts with at least two major trading companies to sell the light crude, trade sources said. Oil producers have been pressing to lift a 40- year-old U.S. ban on crude exports and the Department of Commerce...

  • BANGKOK, Jan 27- Thai exports fell for a second straight year in 2014, showing how the economy has not gained traction since the army took power in May and increasing the chance the central bank will face more pressure to cut interest rates. On Tuesday, the Commerce Ministry reported that exports in December rose 1.9 percent from a year earlier, well above the 0.5...

  • LAUNCESTON, Australia, Jan 27- China's detailed commodity trade figures for 2014 do much to confirm that the trend has changed to higher import volumes being dependent on lower commodity prices, but there are a few notable exceptions. Taking away the temporary impact of the 2008 global financial crisis on China's commodity demand, the trend for the last 10 years...

  • WASHINGTON, Jan 26- Chinese-made steel shelving units face duties in the United States after the Department of Commerce found on Monday the shelves are produced using unfair government subsidies. The petition was lodged by Chicago- based Edsal Manufacturing Co, which also complained that the products were being sold below fair value. A final decision is due on...

  • LONDON, Jan 26- Not so very long ago base metals bulls marched to the beat of the monthly release of China's trade figures. China isn't a net importer of refined lead at all, a steady flow of exports helping explain why this particular market is so out of favor with investors right now. Graphic on China's net trade in refined base metals:...

  • EU blacklists Sri Lanka over illegal fishing Monday, 26 Jan 2015 | 6:40 AM ET

    BRUSSELS— The European Union blacklisted Sri Lanka Monday for failing to combat illegal fishing, officially banning imports of fisheries products from Sri Lanka- flagged vessels into the EU. Officials said the decision to put Sri Lanka on the list was taken by EU fisheries ministers at their regular talks in Brussels. Sri Lanka is the second biggest exporter of...

  • Russia bans salt imports from state Ukrainian firm Monday, 26 Jan 2015 | 3:37 AM ET

    MOSCOW, Jan 26- Russia's consumer rights watchdog said on Monday it had imposed a temporary ban on salt imports from a state Ukrainian producer, citing a violation of legislation. Rospotrebnadzor said it had banned salt produced by Artyomsol, which is based in the Donetsk region in eastern Ukraine where pro-Russian separatists are fighting Ukrainian...

  • TOKYO— Japan's trade deficit ballooned to a record 12.8 trillion yen last year as a weakening yen pushed the cost of imports higher despite a moderate recovery in exports. Preliminary data from the Finance Ministry released Monday showed Japan's exports rose 4.8 percent to 73.1 trillion yen in 2014 while imports climbed 5.7 percent to 85.9 trillion yen.

  • TOKYO, Jan 26- Japan's exports grew the most in a year in December, helped by a weak yen and a pick-up in overseas demand led by the United States, an encouraging sign for the recession-hit economy even as doubts persist about the strength of global consumption. The 12.9 percent year-on-year rise in exports marked a fourth straight month of growth, supported by...

  • TOKYO, Jan 26- Japan's exports grew the most in a year in December, helped by a weak yen and pickup in overseas demand led by the United States, an encouraging sign for the recession-hit economy even as doubts persist about the strength of global consumption. The 12.9 percent year-on-year rise in exports marked a fourth straight month of growth, supported by...

  • Japan Dec exports rise 12.9 pct year/year - MOF Sunday, 25 Jan 2015 | 6:54 PM ET

    TOKYO, Jan 26- Japanese exports rose 12.9 percent in December from a year earlier, Ministry of Finance data showed on Monday, up for a fourth straight month in a sign of a steady recovery in shipments helped by a weak yen and a pick-up in overseas demand. The reading compared with an 11.0 percent increase expected by economists in a Reuters poll, following a 4.9...

  • 'Japan is in a good place': Expert  Sunday, 25 Jan 2015 | 6:00 PM ET

    With a weak yen boosting exports, along with cheaper oil that is equivalent to a tax cut for Japan, the country is in a good place this year, says Mark Hibbs, Partner & CIO at Adamas Asset Management.

  • Euro, dollar to hit parity by 2016: Economist Friday, 23 Jan 2015 | 4:36 PM ET

    Forces will push the euro to parity with the dollar as the euro zone looks to break through a period of sluggish growth, an analyst said.