May 4 Mexican sugar producers could ask the government to seek trade sanctions or launch an anti-dumping probe into U.S. high-fructose corn syrup if no sugar trade deal is reached, Mexico's sugar chamber president said on Thursday.
U.S. President Donald Trump’s criticism of the protected Canadian dairy system has emboldened American farm groups to tackle other longstanding agriculture irritants, as the countries move toward rewriting trade rules.
The European Union(EU) countries agreed on Wednesday to new anti-dumping rules with new methodology to calculate dumping, which analysts say is another way of extending the surrogate country approach wherein WTO members use costs of production in a third country to calculate the value of products.
The cost of Britain's oil and gas trade with the rest of the world could nearly double if the country fails to agree new tariffs when it leaves the European Union, the country's oil lobby group has warned Prime Minister Theresa May.
The United States Secretary of Commerce has spoken out against the World Trade Organization's most favored nation clause, which prevents the US from matching its tariffs with those imposed by its trading partners.
The Mexican and U.S. governments have agreed to extend the deadline for negotiations over a sugar trade agreement to June 5, with U.S. Commerce Secretary Wilbur Ross saying late Monday the talks were "at an impasse."
President Donald Trump will sign an executive order on Saturday seeking to identify any problems caused by the nation's existing trade agreements, including an examination of U.S. involvement in the World Trade Organization, a top trade official said.