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Economic Measures Trade

  • MANILA, March 10- The European Union and the Association of Southeast Asian Nations said on Friday the two blocs would try to revive plans for a Free Trade Agreement between them, as European countries look to tap the region's strong growth. Those talks have had mixed success, with deals so far agreed only with Singapore and most recently, Vietnam, but yet to be...

  • A line of trucks wait for sugar to be unloaded from a vessel at the Port of Veracruz in Veracruz, Mexico, on Thursday, Aug. 29, 2013.

    A ship loaded with sugar was stranded in port on the east coast of Mexico because of the break down in stop-gap measures with the USA.

  • *U.S. and Japan preparing for new economic dialog. *Trade friction has marred U.S.- Japan ties before. TOKYO, March 10- Japan rejected U.S. demands for more access to Japan's car market on Friday, casting doubt over whether it can avoid friction over autos and agriculture imports at high level bilateral talks on economic relations next month.

  • Canadian Prime Minister Justin Trudeau speaks during a joint press conference with US President Donald Trump in the East Room of the White House in Washington, DC, February 13, 2017.

    Canadian Prime Minister Justin Trudeau on Thursday repeated his opposition to a U.S. proposal for an import tax.

  • *McLaren ready to source more UK components if there are tariffs. Eighty percent of UK- assembled vehicles are exported and they could face tariffs of up to 10 percent if Britain has to fall back on World Trade Organisation rules, with some components subject to multiple varying tariffs each time they cross a border. "If we do find there are tariffs on sending cars...

  • March 10- The United States has launched a trade case accusing Chinese aluminum foil producers of dumping product and damaging its domestic industry, the first such case since the inauguration of U.S. hurting global prices World Trade Organization,. U.S. Aluminum Association filed a trade case accusing Chinese aluminum foil producers of dumping product and...

  • TOKYO, March 10- Japan on Friday rejected U.S. demands for more access to Japan's auto market, saying the government has already taken steps to eliminate tariffs and non-tariff barriers. The rebuff by the government's top spokesman came in reply to a statement the U.S. government submitted to the World Trade Organization on Wednesday saying, "a variety of...

  • BEIJING, March 10- China will not devalue its currency to stimulate exports, a deputy governor of the People's Bank of China said. "China will definitely not devalue the yuan to stimulate exports, it will definitely not engage in a currency war. This is because China is a responsible major economy, " Yi Gang told China's Economic Daily newspaper on Friday.

  • HOUSTON, March 9- Canada's Natural Resources minister said on Thursday night his government is ready to discuss changes to the North American Free Trade Agreement with the United States and Mexico. Minister Jim Carr said Ottawa's view is that trade agreements "every now and then should be refreshed," responding to questions about the trade pact at a media...

  • The Aluminum Association filed antidumping and countervailing duty petitions with the Department of Commerce and the International Trade Commission charging that unfairly traded imports of certain aluminum foil from China are causing material injury to the domestic industry. The action was part of the industry's broad trade strategy to address...

  • The Aluminum Association filed antidumping and countervailing duty petitions with the Department of Commerce and the International Trade Commission charging that unfairly traded imports of certain aluminum foil from China are causing material injury to the domestic industry. The action was part of the industry's broad trade strategy to address...

  • HOUSTON, March 9- Canada's Natural Resources minister said on Thursday night his government is ready to discuss changes to the North American Free Trade Agreement with the United States and Mexico. Minister Jim Carr said Ottawa's view is that trade agreements "every now and then should be refreshed," responding to questions about the trade pact at a media...

  • WASHINGTON, March 9- Accords to update trade relations between Mexico and the United States could be possible toward the end of this year, Mexican Foreign Minister Luis Videgaray said on Thursday, hinting at a quicker timetable than U.S. officials have ventured so far. Mexico is facing tough negotiations with Washington because U.S. Trump has vowed to bring back...

  • WASHINGTON, March 9- Accords to update trade relations between Mexico and the United States could be possible towards the end of this year, Mexican Foreign Minister Luis Videgaray said on Thursday. Mexico is facing tough negotiations over trade with the United States because U.S. President Donald Trump has threatened to dump the NAFTA trade agreement between...

  • OTTAWA, March 9- Canada stepped up its campaign on Thursday against a possible move by Washington to impose border tariffs, telling the new U.S. commerce chief that such a move would hurt both countries. It was the first time the two had spoken since Ross was confirmed by the U.S. Senate last week. Canada sends 75 percent of its exports to the United States and could be...

  • OTTAWA, March 9- Canadian Foreign Minister Chrystia Freeland told U.S. Commerce Secretary Wilbur Ross on Thursday that any move by Washington to impose a border adjustment tax would hurt both countries, Ottawa said in a statement. Freeland also stressed to Ross the importance of trying to settle a long-running dispute over Canadian exports of softwood lumber,...

  • CALGARY, Alberta, March 9- Canadian Environment Minister Catherine McKenna said on Thursday the "No. 1 focus" of her government, including her department, is trade relations with the United States, as Canada steels itself for possible NAFTA renegotiation with its southern neighbor. Canada sends 75 percent of its exports to the United States, and U.S.

  • CANADA ENVIRONMENT MINISTER SAYS HER NO. 1 FOCUS IS TRADE RELATIONS WITH UNITED STATES.

  • WINNIPEG, Manitoba, March 9- Canadian spring wheat sales by Viterra Inc and others may expand in Mexico at the expense of U.S. wheat, as U.S. Mexico's agriculture minister said last month that it would look to Argentina and Brazil to buy yellow corn, part of a drive to lessen Mexico's dependence on U.S. exports. But if relations sour between the two countries to the...

  • *USDA raises Brazil soy crop estimate to 108 million T. At 12:42 p.m. CST, the Chicago Board of Trade May soybean futures contract was down 14-1/ 4 cents at $10.07-1/ 2 per bushel after dipping to $10.06-1/ 4, its lowest since Jan. 10. The USDA also cut its estimate of U.S. 2016/ 17 soybean exports, citing competition from the big Brazilian harvest, and consequently raised...