Here are 10 trends in international trade with high potential to change the course of U.S. import-export trade in the year ahead. 1. Shifting Currents in Global Energy Flows The lifting of restrictions on U.S. oil exports together with the shale revolution have...
Argentina Clears Mercosur-Egypt FTA for Take-off
With Argentine Congressional approval, the free trade agreement signed by trade bloc members and Egypt in 2010 will enter into force within a month. Argentina announced it has sent its formal ratification of the Mercosur-Egypt FTA to the regional trade bloc’s...
Actively Seeking Trade Ties | Mercosur
Mercosur is looking for opportunities to do more cross-border business both within the five-member trade bloc and beyond. Foreign ministers are set to meet March 9 to discuss lowering barriers to trade among the countries that make up the “Common Market of the South”...
Window of Opportunity
Colombia FTA gives competitive advantage to US exporters (but not for long) by Bill Armbruster, blog anchor The US free trade agreement with Colombia significantly expands opportunities for US exporters in South America’s third largest economy. The deal, which took...
Into the Sunset
Here’s a fast way to figure current tariffs while they phase out under FTAs by Bill Armbruster, blog anchor Exporters and importers who expect all tariffs to be eliminated once a Free Trade Agreement takes effect may be in for a rude awakening. It turns out that free...
KORUS to Enter into Force March 15
Four months to set the date: pretty fast by FTA standards by Bill Armbruster, blog anchor Like many free traders, I was part of the chorus singing “Hallelujah” when Congress passed legislation last October approving the free-trade agreements with Korea, Colombia and...
A Model Trade Partner
US exports to Chile have soared since FTA took effect in 2004 by Bill Armbruster, blog anchor I caught Barbara Kotschwar, a Latin America specialist with the Washington-based Petersen Institute for International Economics, by surprise when I said I wanted to talk...
“From Tierra del Fuego to Tijuana”
FTAs open markets to US exporters From the Washington Post: The long delayed free trade deals with South Korea, Colombia and Panama “give US an economic boost.” Since US markets were already open to Colombia, the big change under the new FTA is that Colombian markets...
Mexico Tweets
Ambassador to the US Arturo Sarukhan plugs benefits of NAFTA Over the next few days, Ambassador Sarukhan promises to deliver – via twitter – powerful examples of how trade with Mexico benefits the US economy and helps create US jobs. Here are some of the examples he’s...
Game Changer
Colombian importers go shopping in Canada as FTA enters into force Last year, Compania de Galletas Noel SAS imported $22,875,271 worth (the FOB value in US$ on 111,264,125 kilograms) of wheat from the US, Datamyne’s trade data shows. Next year, the Colombian maker of...