TTWTO VCCI - PVTM

News

U.S. Commerce secretary says Trump did not endorse border tax plan

08/03/2017

New U.S. Commerce Secretary Wilbur Ross said President Donald Trump did not endorse a proposed border tax system on Tuesday in his first speech to Congress on Tuesday, despite a vow to level the tax playing field for U.S. companies that export.

Turkey urged to ease trade defence against Vietnamese goods

08/03/2017

At a consultation session on the free trade agreement with Turkey from February 20-25, 2017, the Vietnamese Ministry of Industry and Trade (MOIT) asked the Turkish side to consider and recognise Vietnam’s market economy and minimise the application of trade defence measures against Vietnamese goods.

Trump administration would ignore WTO rulings it sees as anti-U.S.

08/03/2017

U.S. President Donald Trump's administration is preparing to ignore any rulings by the World Trade Organization that it sees as an affront to U.S. sovereignty, the Financial Times reported on Tuesday, citing a report prepared by officials.

Japan will tell United States to respect WTO rules: PM Abe adviser

08/03/2017

Japan will tell the United States in their economic talks that any border tax the U.S. government imposes on imports should not break World Trade Organization rules, an adviser to Prime Minister Shinzo Abe said on Wednesday.

Impact, Incidence of Chinese Currency Controls Largely Overblown

08/03/2017

President Trump isn’t the first politician to threaten tariffs against China for currency manipulation. In 2003, Sen. Chuck Schumer (D-N.Y.) introduced legislation calling for a 27.5 percent across-the-board tariff to compel the Chinese government to stop subsidizing exports and taxing imports by suppressing the value of its currency.

EU upholds anti-dumping tariffs on Chinese solar panels, imposes 73pc duties on steel plates

08/03/2017

A European Union court dismissed a bid by 26 companies to annul anti-dumping tariffs imposed by the bloc on Chinese solar panels more than three years ago.

China voices disquiet over new EU anti-dumping move on steel

08/03/2017

China expressed concerns on Tuesday over what it said was increasing protectionism after European Union regulators imposed new duties on steel imports from the world's biggest producer.

Mexico Warns US It Will Cut Off NAFTA Talks If Tariffs Proposed

02/03/2017

Mexico’s top trade negotiator doubled down on threats to break off talks to rework NAFTA, saying his country will walk away if the U.S. insists on slapping duties or quotas on any products from south of the border.