The U.S. hit a record high for merchandise trade in 2008 and saw the trade deficit for products increase by more than $24 billion, with deficits with Canada and China seeing the largest individual jumps, according to a new report.
The United States and Mauritius have agreed to work on a bilateral investment treaty aimed at strengthening investor protections and bolstering market-oriented economic reforms in Mauritius, the U.S. trade representative and Secretary of State Hillary Clinton revealed Thursday.
The U.S. Department of Commerce has made an initial determination that Phatthana Frozen Food Co. Ltd. and Sea Wealth Frozen Food Co. Ltd. should be excluded from the agency’s earlier order imposing anti-dumping duties on warm-water shrimp and prawns from Thailand.
The U.S. Senate has approved a measure directing the Food and Drug Administration to study its seafood import inspection infrastructure and supply chains most vulnerable to contamination in order to fortify its ability to keep tainted foreign seafood products from reaching U.S. consumers.
A federal judge has remanded an anti-dumping dispute over off-the-road tires to the U.S. Department of Commerce, based on claims from domestic manufacturers, including Bridgestone Americas Inc., that the agency didn't have enough evidence to cut duties on one Chinese exporter.
Ford Motor Co. has asked the U.S. Court of International Trade to force the federal government to refund harbor maintenance taxes the automaker paid between 1987 and July 1990, which the U.S. Supreme Court subsequently deemed unconstitutional.
The U.S. International Trade Commission has effectively terminated an investigation into whether Sinochem Modern Environmental Protection Chemicals (Xi'an) Co. Ltd.'s refrigerants infringe a patent held by Ineos Fluor Holdings Ltd., deciding to nix an earlier ruling by an administrative law judge upholding the patent.
The International Trade Administration of the U.S. Department of Commerce said Tuesday it had preliminarily determined that Hynix Semiconductor Inc. received countervailable subsidies in the dynamic random access memory semiconductor market.
Trade groups are urging the Obama administration to pursue multiple avenues to lower trade barriers for green goods and services, even looking beyond the Doha Round of World Trade Organization negotiations if necessary.
The U.S. House of Representatives has signed off on a bill to overhaul how the Food and Drug Administration regulates and tracks food safety throughout supply chains, but experts are asking whether the FDA has the resources to pull off the ambitious new plan.
A World Trade Organization panel has decided to launch a formal inquiry regarding China's allegation that a U.S. ban on Chinese poultry violates international trade laws.
The U.S. International Trade Commission has given an early nod to printing plate manufacturer PressTek Inc. in its patent dispute with rival VIM Technologies Ltd., ruling that a violation occurred in the import of infringing printing press technology.
Oil contractor Helmerich & Payne Inc. has agreed to pay $1 million as part of a nonprosecution deal with the U.S. Department of Justice to resolve improper payments made by company employees to government officials in Latin America in violation of the Foreign Corrupt Practices Act.
China has reportedly launched a trade case claiming the European Union is unlawfully taxing imports of Chinese-made steel fasteners used in a wide array of products, including furniture and automobiles.
The U.S. Department of Commerce has reconsidered a 2004 determination against China-based Gerber Food (Yunnan) Co. Ltd. and Green Fresh (Zhangzhou) Co. Ltd. for allegedly scheming to evade anti-dumping duties and has cut the rate of anti-dumping duties initially imposed on their shipments of mushroom goods exported to the U.S.
A range of interest groups has weighed in as the U.S. prepares to update its model bilateral investment treaty for the first time since 2004, including insurance industry representatives urging the government to use the document to push foreign countries to liberalize their own insurance markets.
The European Union and Papua New Guinea signed off Thursday on an interim economic partnership agreement that will allow the South Pacific island to export to Europe without forking over trade charges in exchange for the gradual lifting of duties on most European imports.
French Food Exports Inc. and Universal Trade Services Inc. have targeted the U.S. in a lawsuit, accusing it of unlawfully collecting excessive duties over the last two years on their liver products and other imported preserved French goods.
BTG International Inc. has asked the U.S. International Trade Commission to block the importation of Samsung Electronics Co. Ltd. flash memory chips and a slew of other manufacturers' products that contain them, opening a new front in a patent infringement fight already under way in federal court.
As companies become increasingly global and venture into emerging markets, they are likely to encounter new risks such as economic or political instability and gaps in insurance coverage. Demand for insurance products designed to address those issues is growing, although not all risks involved in international expansions are insurable, according to industry experts.