Economy Live

The Canadian government heats up a dispute with the US over American farm subsidies, when it asked the World Trade Organization to form a panel and rule on its accusations that Washington is over and over again violating global trade rules. The...

Ahead of the second round of China-US Strategic Economic Dialogue, US Treasury Secretary Henry Paulson has said it will take more than a stronger Chinese currency to reduce the record trade deficit between the US and China. Speaking at a forum of...

The top Chinese officials in their sharpest reaction on trade relations with Washington warned that the recent US complaints to the World Trade Organization over product piracy and media market barriers could harm relations on trade issues. Chinese..

US Treasury Secretary Henry Paulson has once again reiterated that China is not moving quickly enough on currency reform, and said he hoped high-level talks next month would deliver results. Paulson in a speech in New York said, 'They're not...

The level of trust between the European Union and Russia has reached its lowest level since the collapse of communism, said EU Trade Commissioner Peter Mandelson in a speech prepared to be delivered on Friday. Mandelson, who has been a prominent...

In the escalating battle against pirated American movies, music and other intellectual property in China, Beijing has hit back at a US decision to file a WTO objection against it for copyright abuse, threatening that the move was ill-informed and...

The Bush administration is contemplating to take its longstanding row with China over pirated movies, music and books to the World Trade Organization, a move that could fuel trade conflict between the two countries. The Bush administration has...

The Bush administration, confronting intense pressure to tackle soaring trade deficits, has decided to impose economic sanctions against China to protect American paper producers from unfair Chinese government subsidies. The U.S. Commerce...

Chinese Commerce Minister Bo Xilai has recently said that China is in process to formulate a range of policies that are aimed at limiting its huge trade surplus. However, he further indicated that an overnight change in this direction is not...

After the EU and the US complained to the WTO about India over high import duties on wines and spirits recently, the Indian government on Wednesday hinted at cutting tariffs. Under increasing pressure from two economic major blocs, India has...