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On the Hau River in southern Vietnam, catfish farmers are waging a trade war with the country#8217;s old foe, the United States.
Asian steel-producing giants Japan and South Korea kept their powder dry yesterday as they gave Washington a chance to avert a trade war over steel import tariffs ruled illegal by the World Trade Organisation (WTO).
Under pressure from many of his top advisers to lift tariffs on steel imports, US President George W. Bush may be moving in that direction to avert a trade war with Europe, according to Republican sources and analysts.
The Bush administration has decided to repeal its 20-month-old tariffs on imported steel to head off a trade war that would have included foreign retaliation against products from politically crucial US states, I>The Washington Post/Ireported.
The latest decision by US President George W. Bush to scrap tariffs on steel imports has averted a global trade war.
Today, we feature the CEOs in the life insurance industry. They are Alex Foong Soo Hah of Great Eastern Life Assurance (M) Bhd, Tan Beng Wah of Asia Life (M) Bhd, Khor Hock Seng of John Hancock Life Insurance (M) Bhd, and K.H. Chia of Hong Leong Assurance Bhd, who is also president of the Life Insurance Association of Malaysia (Liam).
Microsoft Corp's competitors see a glimmer of hope in the European Commission's ruling on Wednesday to change the way that new features are bundled into Windows, but analysts caution that such a fundamental shift may be far off or never happen at all.
The chairman of US aerospace giant Boeing Co vowed yesterday to take unspecified action on European government support for rival Airbus, but said it was in no one's interest to start a trade war.
China edged closer to a trade war with the European Union and United States, scrapping export tariffs on a range of textile products while vowing to defend its legal trading rights.
Pacific rim trade officials opened talks Thursday in South Korea, where they were expected to call for progress in World Trade Organization treaty negotiations and focus on liberalising market entry terms for services such as banking, telecommunications and transport.