Free Trade

Free Trade News

  • U.S. to Decide Whether to Probe Mexico For Dumping Sugar

    The U.S. will announce today whether it will investigate allegations that Mexico unfairly subsidized its sugar exports, a step that may lead to penalties on trade that was valued at $1.1 billion last year.

  • U.S. Home Sales, Apple, Facebook, Russia: Week Ahead April 19-26

    U.S. existing home sales last month held close to the lowest level since July 2012, while new home sales and durable goods orders probably picked up, data in the coming week may show.

  • Veresen Mulls Deals After U.S. Approval of LNG Terminal

    Veresen Inc., the Canadian company planning a liquefied natural gas terminal on the coast of Oregon, is considering acquisitions as the project’s approval and a share surge make funding deals easier.

  • Australia Looking to Sign China Free Trade Deal by Year-End

    Australia is looking to conclude decade-long negotiations on a free-trade agreement with China by November, Foreign Minister Julie Bishop said.

  • Park, Abbott Ink Free Trade Deal to Spur Trade in Cars, Minerals

    South Korean President Park Geun Hye signed a free trade deal with Australian Prime Minister Tony Abbott, seeking to deepen strategic ties and bolster commerce of cars, energy and natural resources.

  • Bank of East Asia Signs RMB E-Payment Pact in Shanghai FTZ

    Bank of East Asia Ltd. said it has signed an agreement with Shanghai Shengpay e-payment Service Co. to provide cross-border electronic payment services. * Bank of East Asia to become first foreign bank to provide cross-border electronic renminbi payment services in Shanghai’s pilot free-trade zone, the company said in a press release today * the pact will enable Bank of East Asia to further develop its international trade payment and cross-border RMB settlement business * China’s banking regulator also recently approved the bank’s Shanghai free-trade zone sub-branch to conduct personal banking business, the release said.

  • Abbott Walks China-Japan Tightrope in Trip to North Asia

    Australian Prime Minister Tony Abbott, having called Japan his country’s closest friend in Asia, will seek this week to overcome Chinese unease about his loyalties in a region beset by territorial tensions.

  • Merkel Backs U.S. Trade Deal Saying EU Ready to Shun Putin

    German Chancellor Angela Merkel stepped up her support for a trans-Atlantic trade deal one day after saying that Europe shouldn’t fear the cost of imposing economic sanctions on Russia.

  • Singapore Urges Companies to Exploit China Consumer Boom

    Singapore is encouraging companies to expand in China to tap rising consumption in the world’s second-largest economy as President Xi Jinping sustains efforts to reduce his country’s reliance on investment and exports.

  • Abbott’s Push for Japan Trade Deal Hit by Beef, Dairy Discord

    Australia’s bid to reach a trade deal with Japan during Prime Minister Tony Abbott’s North Asia visit next week is being jeopardized by a disagreement over agricultural and car tariffs, Trade Minister Andrew Robb said.

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