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  • BRUSSELS— The European Union started legislative work on Wednesday that would allow individual nations to ban the imports of genetically modified crops even if approved by the food safety authority of the 28- nation bloc. Wednesday's proposal by the EU Commission will go to the European Parliament and the member states for further discussion.

  • If US doesn't lead on trade, China will: Paul Ryan Wednesday, 22 Apr 2015 | 8:49 AM ET
    Rep. Paul Ryan

    The U.S. should be writing the new rules for global trade, not China, House Ways and Means Chairman Paul Ryan tells CNBC.

  • Japan's Nikkei closes at 15-year high, Europe stocks down Wednesday, 22 Apr 2015 | 2:35 AM ET

    TOKYO— Japan's stock benchmark closed above the 20,000- level for the first time in 15 years Wednesday, encouraged by the country's first monthly trade surplus since 2012. European stocks fell, however, and Wall Street was expected to open lower. CORPORATE EUROPE: Earnings results were mixed in Europe, with British retailer Tesco reporting a big 5.7 billion...

  • TOKYO— Japan posted its first monthly trade surplus in nearly three years in March thanks to falling import costs from cheaper oil prices, along with a modest recovery in exports. Oil prices already have begun to recover from the trough of below $50 they hit earlier this year and have yet to be reflected in Japan's imports. Based on preliminary data for October to...

  • WASHINGTON— Emotional disagreements over trade erupted in Congress on Wednesday, when a liberal senator delayed a committee's likely endorsement of a top trade priority for President Barack Obama. Bernie Sanders, I-Vt., a fierce opponent of the trade legislation, invoked a Senate scheduling rule to delay the committee's actions for hours.

  • TOKYO, April 22- Japan imported a record 89.07 million tonnes of liquefied natural gas in the fiscal year ended March 31, as the shutdown of nuclear reactors since the Fukushima disaster in 2011 forced utilities to burn more fossil fuel to generate power. LNG imports in value terms by the world's top buyer also reached a record-high of 7.78 trillion yen in 2014/ 15,...

  • TOKYO— Japan posted its first monthly trade surplus in nearly three years in March thanks to falling import costs from cheaper oil prices, along with a modest recovery in exports. Oil prices already have begun to recover from the trough of below $50 they hit earlier this year and have yet to be reflected in Japan's imports. Based on preliminary data for October to...

  • TOKYO, April 22- Japan posted its first trade surplus in nearly three years in March as exports of cars and electronics picked up, an encouraging sign that economic growth may be back on track after a sluggish start to the year. Weighed down by lower oil prices, imports by value tumbled 14.5 percent, more than the 12.8 percent drop expected, leaving Japan with a trade...

  • Japan March exports rise 8.5 pct year/year - MOF Tuesday, 21 Apr 2015 | 7:56 PM ET

    TOKYO, April 22- Japan's exports rose 8.5 percent in March from a year earlier, a faster pace than in the previous month, government data showed on Wednesday, in a sign that overseas demand is gathering strength. The trade balance came to a surplus of 229.3 billion yen, versus the median estimate of a 50.0 billion yen surplus. For background, please view this PREVIEW To...

  • Mexico bans poultry, eggs from bird flu-hit Iowa Tuesday, 21 Apr 2015 | 7:55 PM ET

    Mexico, the biggest buyer of U.S. chicken, has halted imports of live birds and eggs from the U.S. state of Iowa due to an outbreak of bird flu there.

  • April 21- Discovery of a strain of deadly avian influenza in a large egg-laying facility in Iowa this week was the latest outbreak of the disease in the United States. The H5N2 strain has been discovered in Iowa, Minnesota, Wisconsin, South Dakota, North Dakota, Montana, Kansas, Arkansas, Oregon, Washington, Idaho and Missouri. Following are facts about the U.S. poultry...

  • MEXICO CITY, April 21- Mexico, the biggest buyer of U.S. chicken, has halted imports of live birds and eggs from the U.S. state of Iowa due to an outbreak of deadly bird flu there, the Mexican government said on Tuesday. Mexico and other major countries last month imposed new export restrictions on poultry products from various U.S. states, but a new outbreak has hit top...

  • MEXICO CITY, April 21- Mexico, the biggest buyer of U.S. chicken, has halted imports of live birds and eggs from the U.S. state of Iowa due to an outbreak of deadly bird flu there, the Mexican government said on Tuesday.

  • Lew warns of potential harm to trade talks Tuesday, 21 Apr 2015 | 5:09 PM ET
    Treasury Secretary Jacob Lew speaks at a press conference at the IMF/WB Spring Meetings in Washington, DC.

    The Obama administration warned lawmakers that requiring enforceable currency provisions in trade deals could hurt a major Pacific trade pact.

  • "I do think that we need to take another look at," the 2016 Republican presidential prospect said at the annual Washington Conference on the Americas on Wednesday. NAFTA, signed by the United States, Mexico and Canada, took effect in 1994 and was aimed at eliminating trade barriers among the countries. His comments came as he was being interviewed by Susan Segal, the...

  • Senators plan to push for tough rules to stop trading partners deliberately weakening their currencies when amendments are considered on Wednesday to a bill to streamline the passage of trade deals through Congress. Treasury Secretary Jack Lew said the administration had consulted with Trans-Pacific Partnership members and such rules had no support...

  • Cuba's not as open for business as everyone thinks Tuesday, 21 Apr 2015 | 1:54 PM ET
    A taxi cab in Havana, Cuba.

    American companies have been eyeing the Cuban market since December but consultants are wary about how easy it will be to do business there.

  • During a Senate Committee on Finance hearing on legislation to streamline the passage of trade deals through Congress, several Democratic senators raised concerns about trading partners devaluing currencies to make their exports cheaper. Trade promotion authority allows Congress to set negotiating objectives for trade deals such as the...

  • DETROIT— Mexico has become the most attractive place in North America to build new automobile factories, a shift that has siphoned jobs from the U.S. and Canada, yet helped keep car and truck prices in check for consumers. In the past two years, eight automakers have opened or announced new plants or expansions in Mexico. A worker in Mexico costs car companies an...

  • Wrong to help Iran but not US oil producers: Hamm Tuesday, 21 Apr 2015 | 11:38 AM ET
    Harold Hamm

    There's "something wrong" with considering lifting oil sanctions on Iran, but not the U.S. ban on exporting domestic crude, oilman Harold Hamm says.