Trade Correspondent, Washington DC, USA
Krista's Feed
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.

Apr 18, 2014

Japan, U.S. trade talks in stalemate, ministers to meet again: Japan

WASHINGTON/TOKYO (Reuters) – U.S.-Japan talks aimed at a trade deal seen as vital to a broader regional pact are in stalemate, Japan’s economy minister said, 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 13, 2014
Apr 13, 2014
Apr 13, 2014
Apr 12, 2014

Latam countries pushed to reform as easy money era ends

WASHINGTON (Reuters) – Latin American countries will have to tighten their belts as the rising cost of capital and lower commodity prices dampen growth and force countries to do more to drive economic activity, policymakers warned this week.

Both the World Bank and International Monetary Fund expect slower growth in the region this year than last year in the face of weaker Chinese growth slowing demand for commodities and tighter financial conditions as some central banks wind down stimulus.

    • 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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