News

US DOC initiates AD review on HRC from Brazil
US DOC initiates AD review on HRC from Brazil

16/12/2008

In response to a request from Nucor Corporation, the Department of Commerce initiated an administrative review of the antidumping duty order on certain hot rolled, flat-rolled carbon quality steel products from Brazil.
Global trade in a rapid dive - World Bank economist
Global trade in a rapid dive - World Bank economist

16/12/2008

WASHINGTON, Dec 11 (Reuters) - World trade has taken a dramatic turn for the worse as the global economic slowdown cuts into consumer demand and the cost of trade finance has shot up, a World Bank economist said on Thursday.
China seeks to calm anger over soy imports
China seeks to calm anger over soy imports

16/12/2008

BEIJING, Dec 11 (Reuters) - China is facing calls to raise import tariffs on soybeans after a state buying plan backfired in its largest soy growing area, prompting officials from Beijing to rush to the countryside to try to calm tempers.
US ‘Zeroing’ Practice Challenged at WTO, Again, This Time by Brazil, Thailand
US ‘Zeroing’ Practice Challenged at WTO, Again, This Time by Brazil, Thailand

16/12/2008

Brazil and Thailand both initiated WTO consultations at the end of November over a contentious method that the US uses to calculate the extent of trade violations.
Sri Lanka Investment Destination For Chinese Leather Industry
Sri Lanka Investment Destination For Chinese Leather Industry

11/12/2008

Bolombo, 11 December, (Asiantribune.com): Sri Lanka Embassy in Beijing has initiated a programme to promote Sri Lanka’s leather industry in the city of Baigou, in Hebei Province where the leather industry is prominently established in China. The Baigou city is famous for its bag industry and is hailed as the "City of Bags" in China.
Protectionism Is the Worst Protection
Protectionism Is the Worst Protection

11/12/2008

One of the causes of the Great Depression and, indirectly, the catastrophe of World War II was the growth in the early 1930s of protectionism -- that is, helping domestic producers gain unrivaled access to consumers by raising tariffs on imports. It is not surprising, then, that economists are worried that today's leaders might pour gasoline on the fire by hiking import tariffs and subsidizing exports in an effort to give their citizens short-term relief from the negative effects of the financial crisis.
Limping Chinese Market Put Indian Footwear on Fast Track
Limping Chinese Market Put Indian Footwear on Fast Track

11/12/2008

The Indian retail industry is growing dynamically, and so is its footwear retail industry. The easy availability of raw material and skilled manpower at relatively much lower cost is expected to keep the demand for Indian footwear buoyant in near future. "Indian Footwear Industry Analysis", a new report by RNCOS, expects the Indian footwear retail market to grow at a CAGR of over 20% through 2011.
What's In Your Honey Nut Cheerios, and Where's It Come From?
What's In Your Honey Nut Cheerios, and Where's It Come From?

11/12/2008

The United States normally consumes somewhere between 400 - 450 million pounds of honey each year, but produces between 150 and 200 million pounds. This year's crop will be in the 150 – 175 million pound range when all is said and done. Just so you know, five years ago a 240 million pound crop would be considered normal.
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