Growing protectionist measures put in place since the 2008 global crisis have impacted 3 per cent of world trade, or about 500 billion dollars in trade, World Trade Organization (WTO) director-general Pascal Lamy warned on Thursday.
Three worldwide trends are working against trade - the slowdown in the global economy, constraints of trade finance and rise of protectionism, Pascal Lamy, director general of the World Trade Organisation, said yesterday.
WASHINGTON -- The US International Trade Commission (USITC) Wednesday cleared the way for the US government to levy antidumping and countervailing duties against imports of high-pressure steel cylinders from China.
The U.S. Commerce Department set duties from 13.74 percent to 26 percent on imports of wind towers from China used by the energy industry, siding with U.S. manufacturers including Broadwind Energy Inc. (BWEN)
Trade experts say a U.S. Department of Commerce decision Wednesday on trade subsidies could help Michigan-based Whirlpool Corp. but lead to higher-priced clothes washers for consumers.
The United States Department of Commerce has once again ruled in favor of American companies who say Chinese manufacturers are receiving unfair government subsidies.