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Businesses object to Obama trade agencies plan
Jan 24, 2012 14:29 EST
WASHINGTON (Reuters) - A coalition of over 80 U.S. business groups on Tuesday raised concerns about President Barack Obama's plan to create a new department of trade by consolidating the relatively small office of the U.S. Trade Representative with five other agencies.
Canada, U.S. extend softwood lumber agreement
Jan 23, 2012 15:11 EST
WASHINGTON/OTTAWA (Reuters) - Canada and the United States extended a bilateral softwood lumber deal by two years to 2015 on Monday, underlining the two nations' close trade ties despite recent disagreements over an oil pipeline.
USTR Kirk downplays chances for trade revamp plan
Jan 20, 2012 16:26 EST
WASHINGTON (Reuters) - U.S. Trade Representative Ron Kirk on Friday downplayed chances that Congress would move this year to approve President Barack Obama's sweeping plan to reorganize U.S. trade agencies, but said he strongly backed the idea.
U.S. appeals WTO ruling on dolphin-safe tuna label
Jan 20, 2012 11:20 EST
WASHINGTON (Reuters) - The United States said on Friday it was appealing a World Trade Organization ruling against U.S. dolphin-safe labeling measures for tuna in a longrunning spat with Mexico closely watched by environmentalists.
U.S. to probe imports of China, Vietnam wind towers
Jan 19, 2012 16:32 EST
WASHINGTON (Reuters) - The Commerce Department said on Thursday it was launching an investigation that could lead to steep import duties on more than $100 million worth of wind energy towers from China and Vietnam.
China opposed to U.S. listing Taobao as market for piracy
Jan 18, 2012 16:13 EST
BEIJING (Reuters) - China is "greatly concerned and strongly opposed" to the United States' listing of Taobao, the country's largest consumer e-commerce website, as a notorious market for piracy, a spokesman for China's Ministry of Commerce said on Wednesday.
U.S. presses EU on Airbus subsidy compliance
Jan 13, 2012 21:46 EST
(Reuters) - The United States pressed the European Union on Friday for hard evidence that it has complied with a trade ruling on subsidies to planemaker Airbus in a showdown that could kick off the next stage in the world's largest and costliest trade dispute.
Obama seeks to revamp government, focus on exports
Jan 13, 2012 19:02 EST
WASHINGTON (Reuters) - President Barack Obama asked Congress on Friday for broad powers to overhaul the U.S. government and untangle what he called an "outdated bureaucratic maze" that makes it hard for U.S. businesses to sell their goods abroad.
Obama wants to shrink government, boost exports
Jan 13, 2012 11:41 EST
WASHINGTON (Reuters) - President Barack Obama asked Congress on Friday for authority to shrink the U.S. government and create a single export agency, saying the bureaucracy was too complex and unable to meet the demands of a 21st century economy.
Obama wants power to shrink government in election year
Jan 13, 2012 11:41 EST
WASHINGTON (Reuters) - President Barack Obama asked Congress on Friday for power to consolidate agencies that promote U.S. exports, a move he cast as crucial to streamlining a sprawling bureaucracy struggling to meet the demands of a 21st century economy.
Obama seeks to merge trade agencies, save $3 billion
Jan 13, 2012 07:18 EST
WASHINGTON (Reuters) - President Barack Obama will ask Congress on Friday for authority to fold together trade agencies to help boost exports, a reorganization that could help inoculate him against Republican election-year charges that he is a big-government liberal.
Obama seeks to merge U.S. trade agencies, save $3 billion
Jan 13, 2012 07:18 EST
WASHINGTON (Reuters) - President Barack Obama will ask Congress on Friday for authority to fold together U.S. trade agencies to help boost exports, a reorganization that could help inoculate him against Republican election-year charges that he is a big-government liberal.
Obama wants export agency, closing of Commerce Department
Jan 13, 2012 07:18 EST
WASHINGTON (Reuters) - President Barack Obama will ask Congress on Friday for authority to close the Commerce Department and create a new export agency, an overhaul that could save $3 billion and help inoculate him against Republican election-year charges that he is a big-government liberal.
Consumer morale sags, trade gap widens
Dec 23, 2011 00:02 EST
WASHINGTON (Reuters) - Concerns about weak incomes weighed on consumer confidence in early February, but rising optimism over the jobs market should help to support spending and the broader economy.
Anxiety over incomes hits consumer morale
Dec 23, 2011 00:02 EST
WASHINGTON (Reuters) - Americans felt worse about their personal finances in early February, but rising confidence in the labor market's prospects should help to support spending and the broader economy.
U.S. solar companies urge SolarWorld drop China case
Dec 20, 2011 15:50 EST
WASHINGTON (Reuters) - A coalition that says it represents 97 percent of the U.S. solar industry on Tuesday urged solar panel maker SolarWorld to withdraw a petition asking President Barack Obama's administration to slap punitive duties on China for unfair trading practices.
U.S. adds 10 companies in Malta to Iran sanctions
Dec 20, 2011 11:20 EST
WASHINGTON (Reuters) - The U.S. Treasury Department said on Tuesday it was expanding sanctions on Iran to include 10 "shipping and front companies and one individual based in Malta" affiliated with the Islamic Republic of Iran Shipping Lines (IRISL).
U.S. says encouraged by Japan beef review
Dec 19, 2011 19:36 EST
WASHINGTON (Reuters) - U.S. Trade Representative Ron Kirk on Monday welcomed Japan's decision to review its ban on certain cuts of beef from the United States as a sign of Tokyo's interest in joining talks on an Asia Pacific free trade pact.
U.S. says encouraged by Japan beef review
Dec 19, 2011 18:27 EST
WASHINGTON (Reuters) - U.S. Trade Representative Ron Kirk said on Monday he welcomed Japan's decision to review its ban on certain cuts of beef from the United States as a sign of Tokyo's interest in joining talks on an Asia Pacific free trade pact.
Senate delays decisions on Obama financial nominees
Dec 17, 2011 17:03 EST
WASHINGTON (Reuters) - Senate on Saturday postponed until next year decisions on whether to approve President Barack Obama's choices to lead agencies that oversee the implementation of the Dodd-Frank Wall Street reform law.