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Trade gap narrows sharply in July to $44.8 billion
Sep 08, 2011 08:52 EDT
WASHINGTON (Reuters) - The U.S. trade deficit narrowed much more than expected in July as strong Latin American demand helped push exports to a new record and imports fell slightly, a government report showed on Thursday.
House passes developing country trade program
Sep 07, 2011 20:36 EDT
WASHINGTON (Reuters) - The House of Representatives voted on Wednesday to renew a long-standing program that allows about 130 developing countries to export thousands of goods to the United States without paying duties.
Guatemala says it will win U.S. labor challenge
Sep 07, 2011 16:24 EDT
SASKATOON, Saskatchewan (Reuters) - Guatemala is confident it will defeat a U.S. challenge to its record on labor rights, the country's economy minister said on Wednesday, and he linked the challenge to White House efforts to win domestic support for several free trade deals.
Democrats urge action on China trade policies
Sep 06, 2011 18:19 EDT
WASHINGTON (Reuters) - Senior Democrats urged the Obama administration and Congress to take action against Chinese trade policies they said are unfairly hurting America's environmental technology sector and making it harder to create jobs.
China loses WTO appeal against U.S. tire tariffs
Sep 05, 2011 13:52 EDT
GENEVA (Reuters) - The United States was entitled to impose extra safeguard duties on imports of Chinese tires, the World Trade Organization's top court said on Monday, upholding a ruling made in December 2010.
Rise of China state-owned firms rattles U.S. companies
Aug 17, 2011 12:09 EDT
WASHINGTON (Reuters) - When the leaders of the world's two biggest economies meet in Hawaii three months from now, U.S. President Barack Obama will still be able to brag to Chinese President Hu Jintao that the United States has more big companies than any other nation on the planet.
Bickering U.S. sees Canada-Colombia deal take force
Aug 15, 2011 15:36 EDT
WASHINGTON (Reuters) - Republican lawmakers fumed on Monday over potential lost American exports because of a free trade deal between Canada and Colombia that has taken force before President Barack Obama has even sent a five-year-old U.S.-Colombia agreement to Congress for a vote.
U.S. banks continue to ease lending standards: Fed
Aug 15, 2011 15:08 EDT
WASHINGTON (Reuters) - U.S. banks continue to ease lending standards and most terms on all major non-real estate loans during the past three months, the Federal Reserve reported in its quarterly survey of senior loan officers.
U.S. and EU urge Philippines comply on WTO alcohol ruling
Aug 15, 2011 13:56 EDT
WASHINGTON (Reuters) - The United States and European Union on Monday urged the Philippines to quickly comply with a new World Trade Organization ruling by ending a discriminatory tax system against foreign alcoholic beverages like Jack Daniel's and Spain's Brandy de Jerez.
U.S. requests panel to decide Guatemala labor case
Aug 09, 2011 17:28 EDT
WASHINGTON (Reuters) - The United States said on Tuesday it was requesting a dispute settlement panel to hear its year-old complaint that Guatemala has failed to protect workers' rights as required under a free-trade agreement.
Obama urges Russia to wrap up WTO bid by year end
Aug 03, 2011 13:36 EDT
WASHINGTON (Reuters) - President Barack Obama on Wednesday urged Russia to resolve issues blocking its entry into the World Trade Organization by the end of the year, the White House said.
Still no path to approve trade bills: senator
Aug 03, 2011 11:33 EDT
WASHINGTON (Reuters) - The White House and Congress have failed to reach a deal to ease the passage of three long-delayed free trade agreements when lawmakers return from recess in September, a top senator said.
U.S. aviation shutdown likely through August: LaHood
Aug 03, 2011 10:43 EDT
WASHINGTON (Reuters) - Only congressional action can end a partial shutdown of U.S. federal aviation programs that has suspended hundreds of airport construction projects, but that is unlikely with both chambers out until next month, Transportation Secretary Ray LaHood said on Wednesday.
U.S. aviation shutdown likely through August: LaHood
Aug 03, 2011 10:43 EDT
WASHINGTON (Reuters) - Only congressional action can end a partial shutdown of U.S. federal aviation programs that has suspended hundreds of airport construction projects, but that is unlikely with both chambers out until next month, Transportation Secretary Ray LaHood said on Wednesday.
Senate should act on highway bill after break: Reid
Aug 02, 2011 16:16 EDT
WASHINGTON (Reuters) - The Senate should take up legislation laying out how much money the country will spend on roads, bridges and highways when it returns from its month-long recess, Majority Leader Harry Reid said on Tuesday.
Lawmaker vows look at China trade "abuses"
Jul 27, 2011 20:54 EDT
WASHINGTON (Reuters) - A top Republican lawmaker Wednesday said he planned to turn up the pressure on China over a long list of trade "abuses" after Congress returns from its upcoming August recess.
Lawmaker presses Obama to back trade deals plan
Jul 27, 2011 14:09 EDT
WASHINGTON (Reuters) - A top Republican lawmaker on Wednesday outlined a plan for winning approval of three long-delayed trade agreements and a worker retraining program the White House has insisted Congress pass along with them.
Kirk hopes for September approval of trade deals
Jul 26, 2011 20:07 EDT
WASHINGTON (Reuters) - Trade Representative Ron Kirk said on Tuesday he was optimistic a deal could be struck with Republicans clearing the way for Congress to pass free trade pacts with South Korea, Colombia and Panama after lawmakers return in September from a month-long recess.
Fake Apple Store in China even fools staff
Jul 21, 2011 19:57 EDT
SHANGHAI (Reuters) - Chinese counterfeiters have had a field day pumping out knockoffs of Apple Inc's best-selling iPhones and iPads, but one appears to have gone a step further -- a near flawless fake Apple Store that even employees believe is the real deal.
WTO favors Mexico in tuna dispute with U.S.: source
Jul 19, 2011 16:34 EDT
MEXICO CITY (Reuters) - The World Trade Organization has ruled in favor of Mexico in a dispute over tuna with the United States that began more than 20 years ago, a high-ranking source close to the negotiations told Reuters.
