More Trade Articles

  • The pros and cons of reauthorizing the Export-Import Bank

    Depending on who you talk to, the Ex-Im Bank is either a financial support that U.S. exporters need to compete globally -- or government interference in the private-sector lending market, primarily helping big companies that don't need it.

  • Fair Trade brings big sales and a clear conscience

    NEW YORK (AP) — Brooklyn Roasting Co. has a booming business based on helping people thousands of miles away. Ninety percent of the coffee the New York-based company sells is Fair Trade — certified as produced by people who are treated and paid well. Being socially responsible pays off for...

  • Thirst for US craft beer grows overseas

    RICHMOND, Va. (AP) — Helping to quench a growing thirst for American craft beer overseas, some of the United States' largest craft breweries are setting up shop in Europe, challenging the very beers that inspired them on their home turfs. It's the latest phenomenon in the flourishing craft...

  • US-EU trade talks sour amid chlorine chicken fears

    BRUSSELS (AP) — Visions of chlorine-drenched chickens and the prospect of genetically modified "Frankenfood" invading dinner tables across the European Union are proving serious impediments to the signing of a sweeping free trade agreement between the United States and the 28-country bloc....

  • If you've got a small business, odds are the Export-Import Bank isn't helping you

    Americans now know the Export-Import Bank is a corporatist program built on bad economics.

  • US, China vow to improve cooperation

    BEIJING (AP) — The United States and China vowed Wednesday to improve their economic and security cooperation, saying they wouldn't let persistent differences over maritime claims, cyberhacking and currency hamper a relationship critical to global peace and prosperity. Opening this year's...

  • Trade body issues mixed ruling in US-China dispute

    GENEVA (AP) — An appeals body of the World Trade Organization has decided it lacked enough information to uphold China's objections to a U.S. law meant to help American companies that face unfair foreign competition. The WTO appellate body said in an opinion Monday it was "unable to complete...

  • Allowing crude oil exports will benefit Americans

    President Obama and his energy team are testing the waters on crude oil exports.

  • US trade deficit drops to $44.4 billion in May

    WASHINGTON (AP) — The U.S. trade deficit fell in May as U.S. exports hit an all-time high, helped by a jump in exports of petroleum products. Imports dipped slightly. The trade deficit narrowed 5.6 percent in May to $44.4 billion after hitting a two-year high of $47 billion in April, the...

  • The fight in Congress that has Democrats defending big business

    In the battle to renew the Export-Import Bank, Senate Democrats are lining up behind the U.S. Chamber of Commerce, while many Republicans are in sympathy with Democratic Sen. Elizabeth Warren, the iconic foe of crony capitalism.

  • Amazon vows to fight FTC on kids in-app purchases

    LOS ANGELES (AP) — Amazon says that it is prepared to go to court against the Federal Trade Commission to defend itself against charges that it has not done enough to prevent children from making unauthorized in-app purchases. The FTC alleged in a draft lawsuit released by Amazon that...

  • Former economic policy director from Bush administration: 'Kill the Export-Import Bank'

    Keith Hennessey was director of the National Economic Council in George W. Bush's second term. He was also a top GOP Hill aide for years. He's no flame-throwing Tea Partier. His resume is thoroughly establishment Republican.

  • House approves speeding up natural gas exports

    The exports would go to nations that lack free-trade agreements with the U.S. Forty-six Dems joined Republicans to pass the bill, 266-150, while two Republicans opposed it. 

  • Export-Import Bank subsidizes Caterpillar selling machines to a Caterpillar dealer

    Ask massive and profitable U.S. companies why they need taxpayer-backed financing through the Export-Import Bank, and they'll tell you that without the subsidies, they will lose sales to foreign manufacturers.

  • John Boehner: Scandal could bring down Export-Import Bank

    House Speaker John Boehner, R-Ohio, said new allegations about fraud and corruption at the Export-Import Bank influenced his decision to take a harder look at whether Congress should reauthorize it.



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