• The Heritage Network
    • Resize:
    • A
    • A
    • A
  • Donate
  • Thank Free Trade for Your Valentine’s Day Flowers

    On May 14, 2012, a plane loaded with freshly cut flowers departed Bogota, Colombia, headed for Miami. By the time it landed in Florida, the U.S.Colombia Trade Promotion Agreement had taken effect, eliminating tariffs on flowers and other Colombian imports.

    The U.S.Colombia agreement shows how trade deals benefit consumers and boost the U.S. economy. Colombia exports 500 million flowers to the United States each year. After a 3-and-a-half hour flight to Miami International Airport, Colombia’s freshly cut flowers are delivered to retailers and consumers by shippers like UPS, FedEx, and DHL.

    While overall prices of consumer products in the United States have been increasing, flower prices have remained level since Congress approved the U.S.Colombia trade agreement. That means Americans have more money in their pockets to spend on other products. And, by exporting their flowers to the United States, people in Colombia earn hundreds of millions of dollars they can spend on wheat, cotton, and other goods made in the USA.

    Posted in Economics [slideshow_deploy]

    Comments are closed.

    Comments are subject to approval and moderation. We remind everyone that The Heritage Foundation promotes a civil society where ideas and debate flourish. Please be respectful of each other and the subjects of any criticism. While we may not always agree on policy, we should all agree that being appropriately informed is everyone's intention visiting this site. Profanity, lewdness, personal attacks, and other forms of incivility will not be tolerated. Please keep your thoughts brief and avoid ALL CAPS. While we respect your first amendment rights, we are obligated to our readers to maintain these standards. Thanks for joining the conversation.

    Big Government Is NOT the Answer

    Your tax dollars are being spent on programs that we really don't need.

    I Agree I Disagree ×

    Get Heritage In Your Inbox — FREE!

    Heritage Foundation e-mails keep you updated on the ongoing policy battles in Washington and around the country.