NEW DELHI—India has dropped a plan to impose antidumping tariffs on solar cells imported from the U.S., China, Taiwan and Malaysia as the South Asian nation looks to give a boost to its solar-power ambitions and cut dependence on imported fossil fuels, a senior government official said Monday.

European Union planed to re-impose anti-dumping duties on Chinese wire rod for another five years to continue to protect the domestic market for the wire rod mills in Europe. The tariff was initiate in 2009 by EU in light of the petition by the wire rod mills in EU such as Feralpi Siderurgica SpA, ArcelorMittal (MT), Corus Group Ltd. and etc. when EU importers have greatly imported Chinese wire rod from 0.3% in 2004 to 5% till March 2008.

HO CHI MINH CITY, Aug. 26 (Xinhua) -- The European Union (E.U.) is currently the second largest trade partner and the top export market of Vietnam, said European Commission (EC) President Jose Manuel Durao Barroso here on Friday. The EC president made the remarks while meeting with representatives from European businesses, the European Chamber of Commerce in Vietnam (Eurocham) and a number of Consulates General in Ho Chi Minh (HCM) City during his one-day visit to the city, according to state-run Radio Voice of Vietnam (VOV).

BEIJING, Aug. 25 (Yonhap) -- South Korea, China and Japan will hold a new round of three-way free trade talks later this week in Beijing, a Seoul diplomat said Monday, despite frayed diplomatic relations between Japan and the two Asian neighbors over their shared history. The three Asian nations launched formal negotiations in November 2012 to forge a trilateral free trade deal that would create one of the world's biggest economic blocs, but there has been little headway in the previous four rounds of negotiations.

Italy said on Monday it would push for the publication of confidential papers on controversial free trade negotiations between the European Union and the United States, in a bid to increase transparency. Critics have complained that talks on the so-called Transatlantic Trade and Investment Partnership (TTIP) are shrouded in secrecy, and have argued that the pact will favour big business at the expense of ordinary consumers.

The Bureau of Foreign Trade (BOFT) said Sunday that local companies influenced by a U.S. anti-dumping ruling will be compensated for litigation expenses, after Washington decided Friday to impose dumping duties against some foreign steel pipe producers. The U.S. International Trade Commission voted to impose anti-dumping duties against steel pipe imports from six countries -- India, South Korea, Taiwan, Turkey, Ukraine and Vietnam. The BOFT said the government will provide litigation expenses for local firms involved in the ruling.

SEJONG, Aug. 23 (Yonhap) -- South Korea said Sunday it will consider countermeasures, possibly including a legal suit, against Washington's antidumping duties imposed on its steel pipe products shipped to the U.S. market. "Regarding the U.S. government's decision, the government has concerns over a possible expansion of U.S. restrictions on imports, as well as the impact it will have on exports of local companies to the United States," the Ministry of Trade, Industry and Energy said in a press release.

(Reuters) - A World Trade Organization panel has ruled against the United States in a trade dispute over meat labels with Canada and Mexico, according to a Wall Street Journal report. The newspaper, citing anonymous sources familiar with the findings, said on Thursday that the United States lost its case before a panel set up to determine whether its revised labeling rules complied with an earlier WTO ruling.

The World Trade Organisation has added to Argentina’s woes just weeks after Buenos Aires was forced into a selective default on its debt, ruling that a swath of import restrictions imposed in recent years violated global trade rules. The 170-page ruling released on Friday is likely further to inflame Argentina’s relations with the US and other large economies. But it also comes at a time when the government of Cristina Fernández is struggling to find a resolution to its debt woes.

(Reuters) - The United States has approved anti-dumping duties against South Korea and other producers of steel pipes for the energy sector, a victory for domestic producers hoping to benefit from a boom in the U.S. shale oil and gas industry. U.S. steel companies lodged a complaint in 2013 as foreign manufacturers cashed in on soaring U.S. energy infrastructure demand. Imports doubled last year and accounted for nearly two-thirds of the domestic market, according to the American Iron and Steel Institute.