April 12, 2012
U.S. movie studios, drug manufacturers and other companies that depend heavily on copyrights, patents and trademarks to protect their creative works support 40 million jobs, or about 28 percent of the U.S. workforce, a U.S. report said on Wednesday. “Today …
March 7, 2012
The U.S. Treasury Department said on Wednesday it will sell $6 billion worth of American International Group stock and struck another deal for the insurer to pay down $8.5 billion more in obligations, taking a major step forward in an …
January 25, 2012
The United States is making a push for a group of countries within the World Trade Organization to start talks to liberalize trade in services, even if big developing countries like China, India and Brazil don’t want to join, U.S. …
November 10, 2011
Australia wants World Trade Organization members to recognize that reaching a comprehensive deal in decade-old world trade talks has become impossible and to focus instead on a series of smaller pacts, the country’s top trade official said on Wednesday. “We …
November 9, 2011
Four senior U.S. lawmakers Tuesday urged President Barack Obama’s administration not to make a hasty decision to begin free trade talks with Japan if that country should request this week to join negotiations on a Trans-Pacific free trade pact. “Japan’s …
October 13, 2011
Congress Wednesday approved long-delayed trade pacts with South Korea, Colombia and Panama that are expected to lift exports by about $13 billion a year and give U.S. employment a boost. Republicans and Democrats joined together in the House of Representatives …
July 8, 2011
The U.S. government said on Friday it is investigating the probable economic effects of eliminating all tariffs and quotas on goods from the world’s least-developed countries (LDCs). The U.S. International Trade Commission said it would report its findings to the …
May 20, 2011
Asia Pacific trade ministers agreed Thursday not to give up on ailing world trade talks but to work over the next seven months on the best way to “salvage” a deal, U.S. Trade Representative Ron Kirk said. “While it was …
April 22, 2011
World Trade Organization members face a somber Easter Sunday because of a fight over manufacturing trade between the United States and major emerging economies like China, India and Brazil that could finally kill 10-year-old world trade talks. WTO Director General …
December 6, 2010
The United States and South Korea welcomed a free trade deal reached after a three-year delay which U.S. President Barack Obama said would boost exports to South Korea by $11 billion and support at least 70,000 American jobs. An official …