Trade Fact of the Day
The U.S. Census Bureau and the U.S. Bureau of Economic Analysis, through the Department of Commerce, announced today that total March exports of $148.5 billion and imports of $206.7 billion resulted in a goods and services deficit of $58.2 billion.
About Trade
"Trade fosters human opportunities that build hope and give people a stake in their society's success."
John D. Negroponte
Deputy Secretary of State
September 18, 2007
TradeAgreements.gov is an interagency effort by the United States Government to provide the public with the latest information on America's trade agreements. A joint effort between the Departments of Agriculture, Commerce, State, Treasury and the Office of the United States Trade Representative, this site will be regularly updated with news about existing agreements, as well as pending free trade agreements with Peru, Colombia, Panama and South Korea.
News Highlights
Secretary Gutierrez Travels to China and Korea for High-Level Meetings to Discuss Bilateral Trade
Miami (May 9)—U.S. Commerce Secretary Carlos M. Gutierrez will travel to Beijing, China and Seoul, South Korea, May 14-16, to discuss bilateral trade and promote U.S. exports. “American businesses, workers, farmers and ranchers are exporting around the world at record rates,” Gutierrez said. “While U.S. exports of goods to China, now our third-largest export partner, grew by more than 18 percent in 2007, significant trade barriers to the Chinese market remain.” (More)
$1,000,000,000 Tax on U.S. Exports to Colombia
Washington (May 5)—Commerce Secretary Carlos M. Gutierrez today released the following statement regarding the estimated tariffs imposed on American-made goods exported to Colombia. Since the signing of the U.S.-Colombia Trade Promotion Agreement (TPA), American goods have faced more than an estimated $1 billion in Colombian tariffs. Tariffs are taxes that make American goods more expensive and less competitive. (More)
