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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.

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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

Site Updated: July 24, 2008

News Highlights

President George W. Bush and South Korean President Lee Myung-bak make remarks during a joint press availability Saturday, April 19, 2008, at the Presidential retreat at Camp David, Md. White House photo by Joyce N. Boghosian

White House Photo

President Bush Participates in Joint Press Availability with President Lee Myung-Bak of the Republic of Korea

Camp David (April 19)—During meetings at Camp David, President Bush and President Lee Myung-Bak addressed the media regarding a variety of key bilateral issues, including the pending free trade agreement between our two nations. On Friday, the Korean government announced a lift on the ban of U.S. beef, which had been a key obstacle to consideration of the agreement. President Bush said, “This is good news for Korean consumers and it's good news for American beef producers.” (Transcript) (Gutierrez Statement) (Schwab Statement)