Trade Fact of the Day
The U.S. manufactured goods trade balance improved 122 percent with our FTA partners, but only six percent with non-FTA partners in the first five months of 2008.
About Trade
"Free and fair trade helps secure a future of freedom and promise."
President George W. Bush
World Trade Week Proclomation
May 16, 2008
Facts Of The Day
February 25, 2008
Aircraft and related equipment accounted for 9.4 percent of total U.S industrial exports to Korea in 2006, totaling $2.85 billion. The top U.S. exports in this sector included turbojets, aircraft parts, and helicopters. Korean tariffs range between zero and eight percent, with an average of 3.7 percent. Ninety-three percent of U.S. aircraft and related equipment exports will receive duty-free treatment immediately upon implementation of the Agreement.
Source: Prepared by the International Trade Administration
