by Associated Press Published: March 18,2010
Tags: international trade
WASHINGTON — The current account trade deficit widened in the fourth quarter, reflecting an improving economy, but the imbalance for all of 2009 fell to the lowest point in eight years. Economists believe the deficit will increase in 2010 but not return to the record heights seen before the recession. The Commerce Department said today the [...] [...]
by Wally Northway Published: March 4,2010
Tags: agriculture, international trade, TAA, USDA
The U.S. Department of Agriculture (USDA) has launched the Trade Adjustment Assistance (TAA) for Farmers Program to help American agricultural producers adjust to the current, challenging economic environment. In August, USDA requested public comments on a proposed rule for establishing the procedures and eligibility criteria for receiving assistance. Comments focused on payment limitations and adjusted gross [...] [...]
by Wally Northway Published: March 4,2010
Tags: international trade, NAFTA, transportation
Trade using surface transportation between the United States and its North American Free Trade Agreement (NAFTA) partners Canada and Mexico was 10.5 percent higher in Dec. 2009 than in Dec. 2008, with a value of $58.5 billion, according to the Bureau of Transportation Statistics (BTS). The increase was the first over the same month of the [...] [...]
by Associated Press Published: February 10,2010
Tags: China, international trade, steel
SHANGHAI — China, the world’s biggest steel producer, says it will crack down on unauthorized steel mills as it maneuvers to wield more control over prices during crucial iron ore talks. Only about 300 million tons of the 567.8 million tons of crude steel produced last year in China was made with full government authorization, according [...] [...]
by Wally Northway Published: February 2,2010
Tags: international trade, NAFTA, transportation
Trade using surface transportation between the United States and its North American Free Trade Agreement (NAFTA) partners Canada and Mexico was 2.9 percent lower in Nov. 2009 than in Nov. 2008, dropping to $58.9 billion, according to the Bureau of Transportation Statistics (BTS). BTS reported that the value of U.S. surface transportation trade with Canada and [...] [...]
by Associated Press Published: January 18,2010
PASCAGOULA — A bill that would require Mississippi restaurants to notify customers of the country of origin of their seafood is being prepared for the Legislature. “I don’t think it is going to hurt the restaurant business,” Sen. Tommy Moffatt, R-Gautier, said about the Country of Origin Labeling bill. Beginning in July 2008, Mississippi restaurants were required [...] [...]
by Associated Press Published: January 8,2010
Tags: agriculture, beef industry, federal agency, international trade
BEIJING, China (AP) — The Office of the United States Trade Representative and the U.S. Department of Agriculture has released a statement regarding the decision by Taiwan’s Legislative Yuan to bar import of some U.S. beef and beef products. The following statement is from Deputy United States Trade Representative Demetrios Marantis and Undersecretary for Farm and [...] [...]
by Associated Press Published: January 8,2010
Tags: economy, energy, international trade, oil and gas, recession, supply and demand
Oil prices hovered below $83 a barrel Friday as investors looked to a key U.S. jobs report later in the day for clues about the strength of the economic recovery, The Associated Press reports. Signs of monetary tightening in China and the dollar’s gains on other major currencies also helped keep oil prices in check. By early [...] [...]
by Wally Northway Published: January 8,2010
Trade using surface transportation between the United States and its North American Free Trade Agreement (NAFTA) partners Canada and Mexico was 15.5 percent lower in Oct. 2009 than in Oct. 2008, dropping to $61.4 billion, according to the Bureau of Transportation Statistics (BTS). BTS reports that the value of U.S. surface transportation trade with Canada and [...] [...]
by Wally Northway Published: December 2,2009
Trade using surface transportation between the United States and its North American Free Trade Agreement (NAFTA) partners Canada and Mexico was 20.2 percent lower in Sept. 2009 than in Sept. 2008, dropping to $57.3 billion, according to the Bureau of Transportation Statistics (BTS). BTS reported that the value of U.S. surface transportation trade with Canada and [...] [...]