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Enforcement of deal to prevent trade war will be a challenge

01/11/2010

SEOUL — Facing the risk of a dangerous trade war, top finance officials from the world’s leading rich and developing nations looked each other in the eye and vowed they wouldn’t use their currencies as economic weapons to boost exports.

China to impose provisional anti-dumping duties on imports of methanol from three nations

01/11/2010

BEIJING, Oct. 25 (Xinhua) -- China's Ministry of Commerce (MOC) said on Monday it would levy provisional anti-dumping duties of up to 37.5 percent on methanol imported from Indonesia, Malaysia and New Zealand.

World leaders agree, vow to avoid trade tensions

01/11/2010

GYEONGJU, South Korea — The world's leading advanced and emerging countries vowed Saturday to avoid potentially debilitating currency devaluations, aiming to quell trade tensions that could threaten the global recovery.

U.S. signals urgency of U.S.-S. Korea free-trade deal

01/11/2010

WASHINGTON (AP) — A senior U.S. official said Monday that the United States and South Korea "cannot afford to fail" in talks meant to settle differences on a long-stalled free-trade deal.

Coalition for American Hardwood Parity Files Unfair Trade Petition Against China

01/11/2010

Washington, DC, October 21, 2010--The Coalition for American Hardwood Parity (CAHP), an association of U.S. manufacturers of multilayered (engineered) wood flooring, announced today that it has filed an unfair trade petition regarding imports of the product from China. The petition, filed with the U.S. Department of Commerce and the International Trade Commission, asserts that imports of the product are sold in the United States at dumped prices, and that Chinese manufacturers have gained an unfair competitive advantage.

Australia: Customs makes preliminary finding of US biodiesel dumping

01/11/2010

The Australian Customs and Border Protection Service has issued a preliminary determination that the Australian biodiesel industry is being harmed by subsidised biodiesel from the US being dumped on the Australian market.

Japan Calls on China to Resume Full Shipments of Rare Earths, NHK Reports

26/10/2010

Japanese Trade Minister Akihiro Ohata called on China to resume full shipments of rare earths to Japan, national broadcaster NHK reported today, citing the minister.

Currency 'Race to the Bottom' Could Start a Trade War

26/10/2010

Amid the recent rout of the US dollar, fears of an all-out trade war have been stoked globally. The G20 finance heads are now struggling to find common ground on current account imbalances that will avert the inevitable. The point should not be lost on anyone that none of these leaders is really concerned about why these imbalances exist, but rather they're only focusing on avoiding the negative consequences of poor fiscal behavior stacked up over the past several decades. It is for these reasons that any accords that are reached now will fail. The same forces that created the current dissatisfaction will create future dissatisfaction. As in many other arenas today, we appear content to kick the can down the road and try to keep the game going another month or year. This week we’ll take a look at the current account and some of the factors driving these imbalances.