Any company that relies on cross-border supply chains or sales needs to track and be ready to respond to the changing trade policies affecting global markets. The best way for businesses to stay ahead of these changes is through a robust Global Trade Management...
Following Section 232 Tariffs: New Terms of U.S.-South Korea Trade
Recent agreements with South Korea to impose a quota on steel imports (instead of a 25% tariff); to lower KORUS FTA barriers to U.S. cars, trucks and auto parts. The end result may impact U.S.-South Korea trade patterns. Just before implementing new tariffs of 10% on...
Look South Initiative Aims to Lift US Exports to Latin America
by Bill Armbruster, blog anchor While Trans Pacific Partnership negotiations grab headlines, the Obama administration is launching a program to create export opportunities for US companies in this hemisphere. The new Look South initiative aims to help companies chart...
Suffering by Comparison
Spotlight on Pacific Alliance trade bloc casts unflattering light on Mercosur “While Pacific Alliance thrives, Mercosur withers,” headlines a recent Andres Oppenheimer opinion piece in the Miami Herald. The Pacific Alliance’s May 23 Cali summit, capped by an agreement...
CAFTA Q&A: Answers from ITA Part 2
Key to success in exporting to CA: market research, careful planning and preparation. Datamyne blog anchor Bill Armbruster’s e-mail interview with the Commerce Department’s International Trade Administration (ITA ) continues in this second installment covering Central...
CAFTA Q&A: Answers from ITA Part 1
Success story: US exports to CAFTA-DR partners have increased 79% through 2012. Datamyne blog anchor Bill Armbruster recently conducted an e-mail interview with the Commerce Department’s International Trade Administration (ITA). This first installment focuses on US...
CAFTA Cements US Trade Relationship
Unlike the Caribbean Basin Initiative, FTA doesn’t require renewal, gives preferential access to US goods - by Bill Armbruster, blog anchor. “You hafta have CAFTA,” was a mantra in trade circles during the mid-2000s as the Bush administration negotiated the Central...
Sanchez on US-South Korea FTA: Part 3
In FY12, ITA’s Commercial Service network saw a 29% increase in the number of export to Korea success stories. The assistance offered exporters by the US Commercial Service, the export arm of the Commerce Department’s International Trade Administration (ITA), is the...
Sanchez on US-South Korea FTA: Part 2
The administration made sure to negotiate an agreement that levels the playing field for the US automotive industry. Opportunities and risks are the focus of this second installment in Bill Armbruster’s interview of Francisco J. Sanchez, Commerce Department under...
Sanchez on US-South Korea FTA: Part 1
Agreement acted as bulwark for US exports in the face of low overall demand in Korea in 2012. Here’s the first installment of an interview of Francisco J. Sanchez, Commerce Department under secretary for international trade, by Datamyne blog anchor Bill Armbruster....