Government and Trade

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Government and Trade

Imports Surge in March As Goods Clear Ports

Apparel and textile imports from flooded the market in March, as cargo cleared at West Coast ports after a long labor contract dispute.

EC Trade Commissioner Cites Progress on T-TIP

A trade commissioner at the European Commission also acknowledged there are several thorny issues and political obstacles that must be overcome.

Minimum Wage Hike Measure Introduced in Congress

The "Raise the Wage Act" would boost the minimum wage to $12 an hour from the current $7.25 an hour over the next five years.

Alibaba Taobao

New USTR Report Again Hits on Taobao Counterfeits

The U.S. Trade Representative’s office called on China to continue addressing counterfeiting and IPR concerns raised by U.S. companies as it released its 2015 Special 301 report.

China Set to Lower Import Tariffs

The government is preparing to lower tariffs on some imported consumer goods in bid to incentivize consumers to shop at home rather than abroad.

Japan’s PM Tells Congress Committed to Reform, TPP

Shinzo Abe said Japan and U.S. must take the lead in working out sticking points in the talks.

Obama, Abe Vow to Lead TPP Talks to Conclusion

Leaders said trade deal is not meant to provoke China.

The Bulgari store at the DLF Emporio.

Preliminary Hearing Judge to Rule on Bulgari’s Tax Case

Despite settling its tax case with Italy’s internal revenue service last year, Bulgari Group could be facing a trial.

Global Shifts Leave India’s Exporters Exposed to Lofty Rupee

The Indian rupee has climbed to heights seen only once before in the past decade, as measured against the currencies of the country's trading partners.