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International activity to understand and potentially extract natural gas from methane hydrates has intensified since 2010 with the continuation and launch of new research and development (R&D) projects and field production tests offshore and onshore, as shown in a new overview by Carolyn D Ruppel, chief of the gas hydrates project at the United States Geological Survey (USGS).(1)…

Charles de Lusignan, communications manager for European iron and steel association Eurofer noted the comments made by USTR Mr Lighthizer at the US Senate: “We will only believe it when we see it on a paper signed, but it goes beyond rumour, it is almost fact, it would appear that it will be an instant temporary exclusion in the same vein as applied to Mexico and Canada.”…

THE EUROPEAN Commission has warned that is prepared to impose temporary safeguard duties on imports into the EU of USA-made glass and ceramics, as it launched its reaction to new American import duties on aluminium and steel imports.

The Commission, has released a draft list of products which may in future attract retaliatory safeguard duties.…

THE PROSPECT of a grand bargain between the European Union (EU), the USA and Japan, involving action to reduce steel and aluminium overproduction, but abiding by global trading laws, has been raised.

An unusual Brussels meeting on Saturday (March 10) between EU trade commissioner Cecilia Malmström US Trade Representative Robert Lighthizer and Japan’s minister for economy and industry, Hiroshige Seko, debated such a plan, and agreed to continue discussions.…

WHILE United States President Donald Trump’s imposition of import tariffs of 25% on steel and 10% on aluminium on March 8 included a waiver for Canadian and Mexican exporters, his administration continues to stress this relief could be temporary.

In the March 8 presidential proclamation imposing the steel duties, Trump stressed “ongoing discussions with these countries” alongside his decision “to exempt steel articles imports from these countries from the tariff, at least at this time”. …

PRESIDENT Donald Trump today (March 5) signalled to Canada and Mexico that he would use his planned imposition of import tariffs of 25% on steel and 10% on aluminium as a bargaining chip to wring concessions in the ongoing North American Free Trade Agreement (NAFTA) renegotiation.…

THE EUROPEAN Commission has warned that is prepared to impose temporary safeguard duties on imports into the EU of USA-made steel and aluminium, as it launched its reaction to new American import duties on aluminium and steel imports.

The Commission, has released a draft list of products which may in future attract retaliatory duties, and this includes a wide range of aluminium and steel products: bars, rods, angles, plate, wire, and more.…

THE EUROPEAN Commission has released a draft list of products that could be subject to retaliatory European Union (EU) safeguard duties, as a response to the erection of American import duties on aluminium and steel imports.

These include food products – sweetcorn, maize, kidney beans, rice (milled, semi-milled and broken), peanut butter, cranberries (and cranberry juice), and orange juice.…

REPRESENTATIVES of the USA fashion and apparel industries, along with most of the country’s business community and Congressional leadership, are voicing concern about President Donald Trump’s March 1 announcement that he intends to impose additional tariffs on all imports of steel and aluminium.…

Japan is now the United States’ leading export market for beef, in value and volume, and largest market for pork exports in value, according to 2017 trade data released by the US department of agriculture (USDA).

In the past calendar year, Japan imported 307,559 metric tonnes of US beef, an increase of 19% year-on-year, worth USD1.89 billion, which marks a 25% increase in value year-on-year from 2016.…