Posts from category Protectionism
Australia and New Zealand Criticize the US Subsidies to Dairy Exports
on May 25, 2009 by admin in Australian Business, Australian News, Business, Dairy News, Dairy Trade, Economy, Global Economy, New Zealand News, News, Protectionism, World Business, Comments Off
The US move to re-introduce subsidies to 92,000 tons of dairy exports including milk powder, butter and cheese has been decried by both major dairy producing nations New Zealand and Australia. Prime Minister of New Zealand, John Key stated the… Continue reading
The US-SACU Trade Deal Hits Roadblock
on May 12, 2009 by admin in Botswana News, Business, Economy, Global Economy, Lesotho News, Namibia News, News, Protectionism, South Africa News, Swaziland News, Trade Deals, Trade News, US Business News, World Business, Comments Off
The Obama administration has categorically stated that they had no interest to move forward with the free trade negotiations with the five-member Southern African Custom Union (SACU) due to the failure of several rounds of talks. The SACU comprises of… Continue reading
‘Made in India’ Steel Pipes Give Steam to ‘Buy American’ Slogan
on April 16, 2009 by admin in Bilateral Trade, Business, Indian Exports, Protectionism, Trade News, US Business News, World Business, World Business News, Comments Off
The home state of the US President Barack Obama became a stage for angry protests after a retired steel worker discovered ‘Made in India’ etched on stacked pipes in train carriers to the Granite City, the steel town of Illinois.… Continue reading
N. Korean Satellite Launch May Deflect ASEAN Summit’s Real Purpose
on April 9, 2009 by admin in ASEAN News, Asia Pacific Trade, Australian News, Business, Global Economy, North Korea News, Protectionism, Recent Summit, Trade News, Comments Off
The second phase of the 14th ASEAN Summit and related summits which is scheduled to be held on 10-12 April in the Thai resort city of Pattaya is feared to be used as a platform for discussing the North Korean… Continue reading
The US Truck Ban Receives Retribution from Mexico with Higher Tariffs on its Goods
on April 6, 2009 by admin in Business, Global Economy, Mexico and the US, Protectionism, Trade News, Tradeoff, Uncategorized, World Business, World Business News, Comments Off
The Economy Secretary of Mexico Gerardo Ruiz Mateos stated they would impose higher tariffs on 90 items from the US in retaliation to the last week’s truck ban. The hike in tariffs and the list of goods are likely to… Continue reading
Trade Talk Failures – WTO Has to Address the Needs of Domestic Markets
on April 4, 2009 by admin in Business, Economy, Protectionism, Trade Deals, Trade News, Tradeoff, Uncategorized, World Business, World Business News, Comments Off
Initially, globalization was looked upon as a unifying agent for international business and multi-lateral trade. But lately, the hypothesis of opening up markets in the name of globalization is perceived as a threat to domestic markets and small businesses alike.… Continue reading