Trade Correspondent, Washington DC, USA
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Apr 24, 2014
Apr 24, 2014
Apr 23, 2014
Apr 22, 2014

Obama, Abe under pressure to salvage signature Pacific trade pact

WASHINGTON/TOKYO (Reuters) – A meeting between U.S. President Barack Obama and Japanese Prime Minister Shinzo Abe this week in Tokyo may not seal one of the world’s biggest trade pacts, but it could give it a much-needed boost.

A central element of Obama’s strategic shift towards Asia, the Trans-Pacific Partnership (TPP) would connect a dozen Asia-Pacific economies by eliminating trade barriers and harmonizing regulations in a pact covering two-fifths of the world economy and a third of all global trade.

Apr 19, 2014

U.S. launches probe into Mexican sugar imports as mills reject claims

WASHINGTON, April 18 (Reuters) – The U.S. government
launched on Friday a probe into allegations that cheap imports
of Mexican sugar are causing nearly $1 billion in damages in the
local market, even as the Mexican representatives made a formal
rebuttal of the accusations.

The news came as the U.S. trade regulators held their first
preliminary conference on charges by U.S. sugar producers that
Mexican mills have “dumped” subsidized sugar across the border
in a complaint that could lead to duties on Mexican imports and
spark retaliation against U.S. exports.

Apr 19, 2014

U.S. launches probe into Mexican sugar imports as mills reject claims

WASHINGTON, April 18 (Reuters) – The U.S. government
launched on Friday a probe into allegations that cheap imports
of Mexican sugar are causing nearly $1 billion in damages in the
local market, even as the Mexican representatives made a formal
rebuttal of the accusations.

The news came as the U.S. trade regulators held their first
preliminary conference on charges by U.S. sugar producers that
Mexican mills have “dumped” subsidized sugar across the border
in a complaint that could lead to duties on Mexican imports and
spark retaliation against U.S. exports.

Apr 18, 2014
Apr 18, 2014
Apr 18, 2014

Japan says trade talks with U.S. to resume on Monday, gaps remain

WASHINGTON/TOKYO, April 18 (Reuters) – Talks between the
United States and Japan seen as vital to a broader regional
trade pact are making progress and will resume again on Monday,
Japan’s economy minister said on Friday, as negotiators struggle
to narrow gaps ahead of a summit between the countries’ leaders.

A U.S.-Japan agreement is critical to the U.S.-led
Trans-Pacific Partnership (TPP), a 12-nation grouping that would
stretch from Asia to Latin America. The TPP is central to U.S.
President Barack Obama’s policy of expanding America’s presence
in Asia.

Apr 18, 2014

Mexican sugar producers no threat to U.S. industry-lawyer

WASHINGTON, April 18 (Reuters) – Mexican sugar producers are
no threat to the profitable and protected U.S. sugar industry,
their lawyer said on Friday, rejecting a charge that Mexican
sugar is being dumped in the United States and unfairly benefits
from government subsidies.

In a petition to the U.S. International Trade Commission,
which experts have called the first of its kind, U.S. sugar
producers said that below-cost and subsidized Mexican imports
would cost them nearly $1 billion in net income in 2013-14.

    • About Krista

      "I write about trade from Washington DC, where I moved in August 2013. IN nine years with Reuters, I have written about the Latin American economy from Mexico City and European Central Bank from Frankfurt. In a previous life, I worked in Australia and covered the economy and national politics for local news agency AAP."
      Joined Reuters:
      2004
      Languages:
      English, German, Spanish, Portuguese
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