US petitions WTO over Argentina barriers

The United States filed a complaint against Argentina's trade barriers at the World Trade Organization Thursday, joining Japan and the European Union in an attack on Buenos Aires's import licensing rules.

Washington asked the WTO to launch a dispute resolution panel over the issue, arguing that Argentina's rules "include the broad use of non-transparent and discretionary import licensing requirements that have the effect of unfairly restricting US exports."

"Argentina further disadvantages US exports by requiring importers to agree to undertake burdensome trade balancing commitments in exchange for authorization to import goods," the US Trade Representative said.

Bilateral talks on trade differences in September failed to resolve the problems, the USTR said.

The move came one day after Argentina filed WTO complaints charging the United States with erecting trade barriers against its beef and lemons, and the European Union with protectionist measures against its biodiesel.

US trade barriers have caused "extensive damage" to Argentine producers and cost thousands of jobs, Buenos Aires said.

Loading...
 
Recent Quotes
Symbol Price Change % Chg 
Your most recently viewed tickers will automatically show up here if you type a ticker in the "Enter symbol/company" at the bottom of this module.
You need to enable your browser cookies to view your most recent quotes.
 
Sign-in to view quotes in your portfolios.

Market Data

  • Currencies
    Currencies
    NamePriceChange% Chg
    1.2559+0.0005+0.04%
    USDSGD=X
    1.7363+0.0015+0.09%
    EURSGD=X
    2.1082+0.0016+0.08%
    GBPSGD=X
    81.4552-0.2186-0.27%
    SGDJPY=X
    6.1736-0.002-0.03%
    SGDHKD=X
    2.5984-0.0027-0.10%
    SGDMYR=X
    9,259.8486-39.8359-0.43%
    SGDIDR=X
    4.9668-0.0019-0.04%
    SGDCNY=X
    1.1667+0.0008+0.07%
    AUDSGD=X
  • Commodities
    Commodities
    NamePriceChange% Chg
    1,287.00+2.40+0.19%
    GCM14.CMX
    19.47+0.03+0.14%
    SIK14.CMX
    92.88+1.82+2.00%
    ^XAU
    3.07+0.01+0.25%
    HGK14.CMX
    101.67+0.23+0.23%
    CLM14.NYM
  • Bonds
    Bonds
    TreasuryYield (%)Yield Change
    1.71-0.03
    ^FVX
    2.69-0.04
    ^TNX
    3.47-0.03
    ^TYX

MARKET MOVERS

  • Most Actives
    Most Actives
    NamePriceChange% Chg
    0.152+0.010+7.04%
    545.SI
    0.121-0.001-0.82%
    B22.SI
    0.152+0.008+5.56%
    C68.SI
    0.635+0.040+6.72%
    5WH.SI
    1.350.0000.00%
    G13.SI
  • % Gainers
    % Gainers
    NamePriceChange% Chg
    18.50+2.700+17.09%
    K6S.SI
    0.255+0.015+6.25%
    5KI.SI
    1.305+0.090+7.41%
    5DA.SI
    0.17+0.012+7.59%
    5PF.SI
    0.15+0.010+7.14%
    5GD.SI
  • % Losers
    % Losers
    NamePriceChange% Chg
    0.053-0.059-52.68%
    5TF.SI
    1.61-0.530-24.77%
    N02.SI
    0.123-0.008-6.11%
    S71.SI
    1.32-0.050-3.65%
    S35.SI
    0.17-0.001-0.58%
    588.SI