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Under a US Department of Commerce (DOC) decision, steel nails from Taiwan, the Republic of Korea, Oman, Malaysia, Turkey, and India are also put under the microscope. The DOC decision says on May 29 US producer Mid Continent Steel & Wire, Inc. lodged a petition for an AD and CVD investigation into steel nails imported from the seven aforementioned countries, alleging that these products were materially injuring the US industry.
MoreVietnam maintained its position as the No1 supplier of shrimp to Japan in the first four months of this year, according to the Vietnam Association of Seafood Exporters and Producers ( VASEP ).After Japan decided to examine all shrimp batches imported from Vietnam for Oxytetracycline (OTC) residue, experts forecast India and Indonesia would replace Vietnam
MoreThe US Department of Commerce said on Thursday that it would launch an investigation into allegations that steel nail exporters in Taiwan and six other countries dumped products in the US market and benefited from unfair subsidies. COMPLAINT The investigation was prompted by a complaint filed by US-based Mid Continent Steel & Wire Inc. with the department and the US International Trade Commission (ITC) late last month accusing Taiwan, India, South Korea, Malaysia, Oman, Turkey and Vietnam of selling steel nails at unfairly low prices.
MorePrime Minister John Key would support a United States air strike on Iraqi insurgents - but only if the Iraq government backs it.
More(Reuters) - Russia has filed a complaint with the World Trade Organisation against the United States for imposing sanctions over the Ukraine crisis, Prime Minister Dmitry Medvedev said on Friday.Moscow had already told Washington it considered the sanctions, imposed in response to Russia's annexation of Ukraine's Crimea and its involvement in the Ukrainia
More(Reuters) - Pacific trading partners hope to have a free trade agreement ready to present to the public and stakeholders in November, U.S. President Barack Obama said on Friday.He said the aim was to have a document to discuss with other leaders of Trans-Pacific Partnership nations when he travels to Asia in November, a trip that will include the Group of 20 leaders meeting in Australia on November 15-16. Asia Pacific Economic Cooperation (APEC) leaders also meet that month.
More(Reuters) - Japan should be cut out of Pacific trade talks if it will not open its markets to more farm imports, New Zealand Prime Minister John Key said on Thursday, urging the Obama administration to hold firm.Japan has been reluctant to open up agricultural markets such as pork, beef, rice and dairy, and U.S.
MoreKOLKATA: If anti-dumping duty was imposed by the Indian government it would definitely delay proposed solar projects, though not derail them, a Schneider Electric India official said today."If anti-dumping duty in solar cells is a reality and the imposition is to the extent that has been reported then projects will definitely get delayed, but not derailed
MoreJapan’s Growing Sophistication in the Trade Talks There is, of course, no guarantee that a final agreement is near on the Trans-Pacific Partnership. The countries engaged in negotiations on this broad trade liberalization scheme failed to reach a consensus at the TPP ministerial meeting held in Singapore on May 19–20, 2014, and they are now working to smooth out disagreements ahead of the meeting of chief negotiators in July.
MoreThe price of a car is typically less than the costs required to operate it through its lifetime. Those economic car models do not necessarily provide cheap spare-parts. The manufacturer’s strategy is simple – once you own a car, it is only a matter of time before you acquire some spare parts for it.
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