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  • Backers see a changing landscape that includes a Congress controlled by Republicans generally viewed as more receptive to oil exports, and some signs the Obama administration will consider modifications to the longstanding policy that bans exports of raw crude. The ban is a relic of the 1970 s, after an OPEC oil embargo led to fuel rationing, high prices and...

  • BERLIN, Jan 29- German exports to Russia are likely to fall by as much as 15 percent this year, or 4 almost billion euros, after plummeting 20 percent in 2014, due to sanctions over the Ukraine stand-off and the weak rouble, said Germany's DIHK Chambers of Commerce.

  • German automakers lobby for US-EU trade deal Wednesday, 28 Jan 2015 | 9:31 AM ET

    BERLIN— German automakers are throwing their support behind a new trade deal being negotiated between the European Union and the United States. Representatives from major car manufacturers like Daimler, BMW, Porsche and Volkswagen lobbied Wednesday for the deal at an event in Berlin. Organizer Matthias Wissmann, of the German Association of the Automobile...

  • Car industry heads lobby to drop tariffs between EU, US Wednesday, 28 Jan 2015 | 9:03 AM ET

    BERLIN, Jan 28- The heads of German car companies including BMW, Daimler and Audi lobbied politicians on Wednesday to reach a trade deal that could see tariffs dropped between the United States and the European Union. BMW boss Norbert Reithofer said around 40 percent of all cars produced are sold in Europe and the United States. Carmakers waste resources...

  • Trade Representative says Congress should pass fast-track. *Senate committee chair warns no Pacific pact before fast-track. WASHINGTON, Jan 27- The top U.S. trade official told lawmakers on Tuesday an ambitious Pacific trade pact could be wrapped up within months as he urged Congress to back the administration's trade agenda.

  • WASHINGTON, Jan 27- The top U.S. trade official told lawmakers on Tuesday he hopes to wrap up an ambitious Pacific trade pact within months as he urged Congress to back the administration's trade agenda. Trade Representative Michael Froman said the administration looked to lawmakers to pass bipartisan legislation allowing a streamlined approval process...

  • 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...