Posts Tagged ‘trade’

Senators pushing for continued duties on imported shrimp

by Wally Northway Published: February 2,2011

Tags: antidumping, aquaculture, fishing, shrimping, tariffs, trade

WASHINGTON — Sen. Thad Cochran (R-Miss.) and Sen. Roger Wicker (R-Miss.) recently testified before the U.S. International Trade Commission (ITC) that existing antidumping duties must be extended to promote an even playing field for U.S. shrimpers “besieged by unfair foreign imports.” The ITC is in the process of determining whether conditions within the U.S. shrimp […] [...]

Port traffic down almost 25 percent last year

by Associated Press Published: January 16,2011

Tags: goods, trade, transportation

PASCAGOULA — Cargo tonnage at the Port of Pascagoula was down 23 percent in 2010, a decrease partly due to Russia’s ban on frozen poultry from the U.S., officials say.The Mississippi Press reports the port’s public terminals moved 537,762 tons of cargo last year, compared to 700,876 tons in 2009. The data was released by […] [...]

Report: Amory steel deal to hurt U.S. market

by Amy McCullough Published: October 15,2010

Tags: Amory, China, manufacturing, steel, Steel Development Company, trade

See related stories: In The Red?, Clay Chandler, July 18, 2010 Chinese investing in Amory steel mill, Associated Press, Sept. 15, 2010 China’s WTO violations, subsidies and state ownership harm U.S. manufacturers Source: PR Newswire WASHINGTON, D.C — A new study released Thursday (Oct. 14) concludes that the unprecedented growth of the Chinese steel industry […] [...]

Hitachi calls on Japanese government to tackle yen

by Associated Press Published: September 13,2010

Tags: manufacturing, markets, monetary policy, retail, trade, world markets

TOKYO — The new president of Hitachi Ltd. urged the government to tackle the strong yen, which is squeezing business as he seeks to transform one of Japan’s biggest companies. Five months into the job, Hiroaki Nakanishi described the Japanese currency, which hit a fresh 15-year high of 83.32 yen to the dollar last week, […] [...]

Tenn-Tom signs trade pact with Panama Canal

by Associated Press Published: August 26,2010

Tags: Commerce, maritime, shipping, trade

NORTHEAST MISSISSIPPI — Officials have signed an international pact to link the Tennessee-Tombigbee Waterway with goods shipped through an expanded Panama Canal. The Tennessee-Tombigbee Waterway Development Authority yesterday signed a memorandum of understanding with the Panama Canal Authority. The parties to the pact agree to joint marketing, information sharing and technology exchanges to promote the […] [...]

Japan looking to put brakes on yen

by Associated Press Published: August 25,2010

Tags: economy, monetary policy, trade

TOKYO — Facing a surging yen and mounting calls for action, Japan may finally decide that it can’t afford to let its currency keep climbing. Today brought growing expectations that Japan’s monetary authorities would do something to stem the yen’s rise after it hit a fresh 15-year high against the dollar the day before. New […] [...]

U.S. trade deficit soars to two-year high

by Associated Press Published: May 12,2010

Tags: global competition, international markets, trade, trade deficit

WASHINGTON — The U.S. trade deficit rose to a 15-month high as rising oil prices pushed crude oil imports to the highest level since the fall of 2008, offsetting another strong gain in exports. The larger deficit is evidence of a rebounding U.S. economy. The Commerce Department said today that the trade deficit rose 2.5 […] [...]

FTC accuses Intel of anticompetitive practices

by Wally Northway Published: December 16,2009

Tags: anti-trust, computers, federal agency, retail, trade

WASHINGTON — The Federal Trade Commission (FTC) is suing Intel Corp., the world’s leading computer chip maker, charging that the company has illegally used its dominant market position for a decade to stifle competition and strengthen its monopoly. In its complaint, the FTC alleges that Intel has waged a systematic campaign to shut out rivals’ […] [...]

NAFTA numbers continue to plummet

by Wally Northway Published: September 3,2009

Tags: recession, trade, transportation

Trade using surface transportation between the United States and its North American Free Trade Agreement (NAFTA) partners Canada and Mexico was 31.5 percent lower in June 2009 than in June 2008, dropping to $50.8 billion in the sixth consecutive month with a year-to-year decline of greater than 27 percent, according to the Bureau of Transportation […] [...]

NAFTA numbers drop more than 35 percent

by MBJ Newswires Published: August 10,2009

Tags: NAFTA, North American Free Trade Agreement, trade

Trade using surface transportation between the United States and its North American Free Trade Agreement (NAFTA) partners Canada and Mexico was 35.4 percent lower in May 2009 than in May 2008, the biggest decline from the same month of the previous year on record, according to the Bureau of Transportation Statistics. BTS reported that the […] [...]

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