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    The Tax on Mother’s Day Flowers

    With Mother’s Day around the corner, you better look out. It’s going to cost more than usual to send your mom a bouquet of flowers this year. Earlier this year, Congress allowed the Andean Trade Preference and Drug Eradication Act (ATPDEA) to expire. As a result: U.S. flower importers face … More

    Is the Democratic Blockade of Trade Really Over?

    This time about three years ago, a California Democrat exercised legislative power to do something unprecedented in America’s international trade policymaking. Effectively ending more than five decades of bipartisan consensus on trade policy, on April 10, 2008, then-House Speaker Nancy Pelosi and her like-minded colleagues unilaterally and irresponsibly amended House … More

    Boosting Investment in America

    Recently, the Organization for International Investment released a report showing that the United States received $194.5 billion in foreign direct investment (FDI) in 2010. This FDI is responsible for millions of jobs, billions of dollars in exports, and higher wages for U.S. workers. FDI occurs when someone in another country … More

    Good News on Trade: Exports and Imports Are Up

    The U.S. Bureau of Economic Analysis today announced that U.S. exports for January were $4.4 billion higher than in December. This is good news for U.S. exporters. The bureau also reported that Americans imported $10.5 billion more in January than in December. This is good news, too. As President Obama’s … More

    Budget Deficits Undermine U.S. Trade Policy Agenda

    The Office of the U.S. Trade Representative (USTR) just released its 2011 Trade Policy Agenda, which highlights several initiatives designed to boost exports. Nowhere in the 443-page document is a mention of the biggest barrier to U.S. exports: the federal budget deficit. Budget deficits require the government to borrow money … More

    Obama and Calderon Move Goal Posts for Summit Win

    The March 3 working meeting between Mexico’s President Felipe Calderon and U.S. President Barack Obama loomed as a showdown over Mexico’s sputtering war against crime and increasingly prickly relations between Mexico and the U.S. The encounter, however, took a sunny turn when the two presidents agreed to focus on trade, … More

    Canseco on Calderon, Obama, and the Border

    Today, President Barack Obama will welcome Mexican President Felipe Calderon to the White House.  As Senior Latin American Policy Analyst, Ray Walser, aptly described in his latest WebMemo, the atmosphere will be tense given the February 15 murder of U.S. immigration agent Jaime Zapata and recent Wikileaks revelations from the … More

    The U.S. Should Take a Clue from Australia’s Continuing Power Shift Debate

    A new paper entitled Australia’s Strategic Edge in 2030 from Ross Babbage, founder of the Kokoda Foundation, an Australian think tank, has furthered the debate in Australia about the future of Asia with a rising China and the role of the U.S.–Australia alliance. This paper continues the strategic discussions that … More

    US-China Trade Numbers Reveal Political Risk

    Our trade deficit with China rose 20 percent to a record $273 billion last year, according to figures just released by the Commerce Department. For political reasons, this is a depressing, dangerous result. American exports to the PRC soared 32 percent in 2010, which is a welcome development. It is … More

    New Statistics Demonstrate Need for Action on Trade Agreements and Budget Deficit

    The U.S. Commerce Department today reported that the country’s 2010 trade deficit was $497.8 billion, an increase of $122.9 billion from 2009. Exports increased from $1.57 trillion to $1.83 trillion, and imports increased from $1.95 trillion to $2.33 trillion. Increased imports are often a sign that the U.S. economy is … More