Trade

United States and Mexican Tomato Growers Reach Preliminary Agreement to Continue Bilateral Trade Relations

February 4, 2013

“The draft agreement substantially raises the minimum “reference” price at which Mexican tomatoes can be sold in the United States and accounts for changes that have occurred in the tomato market since the original agreement, Sanchez said.”

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Ukraine Signs $10 Billion Gas Shale Deal With Royal Dutch Shell

January 25, 2013

“Ukraine has signed a major shale gas deal with Royal Dutch Shell – a move seen as an attempt by Kiev to reduce its dependency on Russian gas imports.”

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4 Republican U.S. Senators: Potential U.S.-European Union Free Trade May Harm U.S. Agriculture

January 25, 2013

“Four Republican farm state U.S. senators on Thursday expressed concern that possible free trade talks between the United States and European Union may not dismantle longstanding EU barriers to U.S. pork, beef, poultry and other farm products.”

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Study: Tomato Prices Will Rise if U.S.-Mexico Trade Agreement Expires

January 24, 2013

“The price of hothouse round tomatoes, for instance, is projected to rise from $2.02 per pound to almost $4 a pound. Roma tomatoes would increase from $1.25 per pound to $3.96 per pound.”

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Japan Will Ease Restrictions on American and French Beef Imports

January 22, 2013

“Japan, which was once the largest buyer of US beef, halted imports after a case of mad cow disease was detected in an American herd in 2003. It now imports meat only from cattle aged under 20 months.”

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Analysis: U.S.-China Trade Deficit Lower than Previously Thought

January 16, 2013

“One headline finding: the U.S. trade deficit with China would fall by as much as 25 percent when measured on a value added basis – from $176 billion as of 2009 to $131 billion.”

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Spanish Police Seize Highly Corrosion-Resistant Valves Intended for Iran’s Nuclear Program

January 13, 2013

“The European Union has banned the sale of such material to Iran, which denies Western accusations it is seeking to develop a capability to make nuclear weapons.”

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Iran: Oil Exports Have Decreased by 40% Due to Western Sanctions

January 7, 2013

“Iran’s oil exports have plummeted by 40 percent as a result of harsh Western sanctions targeting the country’s nuclear program, the country’s oil minister admitted Monday. Tehran previously denied the sanctions were having any meaningful impact.”

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United Nations General Assembly Votes to Reconsider an International Treaty to Regulate Global Arms Trade

December 29, 2012

“The General Assembly set the final round of negotiations on the treaty for March 2013. While the results of the vote were not available, Reuters reported that diplomats said the U.S. voted in favor of the resolution.”

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United Nations Security Council Imposes Sanctions on Two Iranian Companies for Smuggling Weapons to Syria

December 23, 2012

“Susan Rice, the U.S. ambassador to the U.N., welcomed the new designations, saying the companies were responsible for shipping ammunition, assault rifles, machine guns, mortar shells and other arms from Iran to Syria.”

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Japanese Carmakers to cut their production in China in half

October 9, 2012

“Sales have plunged at Japanese car makers since violent protests and calls for boycotts of Japanese products broke out across China in mid-September over the Japanese government’s purchase of a group of disputed islands in the East China Sea from their private owner.”

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Secretary of State Clinton: U.S. will loosen its import ban against Myanmar

September 26, 2012

“Clinton’s announcement marks a further step in the U.S. rapprochement with Myanmar, which offers economic and strategic benefits to both sides and is a political boost to the former general now leading Myanmar’s reforms.”

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China threatens Japan with Economic Sanctions over the countries’ territorial dispute over islands

September 18, 2012

“The row intensified last week when the Japanese government bought three of the islands, effectively nationalising them, and China responded by sending patrol ships into the area.”

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China looking to increase investments in Europe

September 17, 2012

“China, the world’s second-largest economy, accounts for just 3.5 percent of the foreign direct investment in the 27-member European Union.”

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President Obama expected to launch a new trade enforcement case against China on Monday

September 17, 2012

“Senior administration officials said the president will announce the new case, targeting Chinese subsidies for exports of automobiles and automobile parts, Monday during a campaign trip to Ohio.”

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