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Trade News

US Treasury warns China over recent yuan fall

Washington - The US Treasury said Tuesday that China cannot be ruled a manipulator of its currency despite the yuan's sharp slide since January.
In the Media by AFP

Cuba, Dominican Republic set up WTO fight over Australia tobacco law

Geneva - Attempts by tobacco-producing nations to sink a landmark law in Australia requiring plain packaging for cigarettes and cigars gained pace Tuesday as Cuba and the Dominican Republic stepped up their fight at the World Trade Organization.
In the Media by AFP

Russia, China try to finish gas talks before Putin's visit

Moscow - Moscow and Beijing plan to wrap up a decade of talks on supplies of Russian natural gas before President Vladimir Putin's expected to travel to China next month, a deputy prime minister said on Monday.
In the Media by AFP

Global trade growth forecast raised to 4.7% for 2014: WTO

Geneva - Global commerce is set to grow by 4.7 percent this year, the World Trade Organization said on Monday, with recovery in rich economies expected to mitigate risks in developing nations.The WTO previously had forecast that trade would expand by 4.
In the Media by Jonathan Fowler (AFP)

Japan, US trade talks fail to close gap over TPP

Tokyo - Intensive talks between Japan and the United States aimed at breaking the deadlock over a huge pan-Pacific trade deal ended Thursday without agreement, as hopes faded of progress before Barack Obama arrives in Tokyo this month.
In the Media by AFP

Mexico overtakes Japan as No. 2 car exporter to US

Mexico - Mexico's booming auto industry has reached a major milestone, claiming to have overtaken Japan as the second biggest car exporter to the United States in the past three months.
In the Media by Laurent Thomet (AFP)

China imports, exports slump in March

Beijing - China's trade volumes fell dramatically in March, official data showed Thursday, despite the country returning to a trade surplus after recording a rare deficit the month before. Imports slumped 11.3 percent year-on-year to $162.
In the Media by AFP

Mexico overtakes Japan as No. 2 car exporter to US

Mexico - Mexico's booming auto industry has reached a major milestone, claiming to have overtaken Japan as the second biggest car exporter to the United States in the past three months.
In the Media by Laurent Thomet (AFP)

France names Pellerin to crucial trade post

Paris - France named dynamic former junior minister Fleur Pellerin to its top foreign trade post on Wednesday as it continues efforts to cut its huge trade deficit.
In the Media by AFP

Britain's goods exports hit three-year low

London - Britain's exports of goods sank in February to the lowest level for more than three years, hit by weaker sales to EU countries, official data showed on Wednesday.
In the Media by AFP
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