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U.S. Export / Trade Issues

Manufacturers Outline Goals for Successful EU Trade Agreement Negotiations
National Association of Manufacturers (NAM) President and CEO Jay Timmons sent a letter today to President Obama outlining goals for negotiations of the trade agreement with the European Union (EU) to make manufacturers in the United States more globally competitive and create jobs.
NAM – 3/27/2013

U.S.-Russia Trade Bill Gains Final Hill Approval
Legislation that is expected to spur U.S. construction-equipment exports to Russia has cleared its final congressional hurdle, as the Senate approved a bill to establish permanent normal trade relations between the two countries.
ENR – 12/6/2012

US trade deficit grows in March
Official figures from the Commerce Department show the deficit at $51.8bn (32.0bn) in March, up from $45.4bn in February.
BBC News – 5/10/2012

Finally the U.S.-South Korea Free Trade Agreement Takes Effect
Today, after a five year wait, manufacturers in the United States can finally realize the benefits of the Korea-U.S. Free Trade Agreement (KORUS). Starting today Korea's tariffs on over 9,000 U.S. products disappear - covering over 80 percent of all of Korea's tariffs on U.S. products. The remaining 20 percent will be eliminated in stages over the next few years.
Shopfloor – 3/15/2012

U.S. Construction Equipment Exports Climb 43 Percent in 2011
U.S. construction equipment exports increased 43 percent in 2011 compared to 2010, for a total of $23.5 billion of machinery shipped to other countries according to the Association of Equipment Manufacturers. This follows growth of 28 percent in 2010 after a 2009 decline of 38 percent in the depths of the recession.
Rental Equipment Register – 3/9/2012

Korean Ambassador Optimistic Trade Agreement Will be Ratified
Han Duk-soo, Korea's ambassador to the United States, is optimistic that Congress will pass the Korea-U.S. Free Trade Agreement when President Barack Obama submits it for ratification.
AgriMarketing – 1/10/2011

U.S. Chamber Welcomes 'First Step Forward' on U.S.-Mexico Trucking Dispute
U.S. Chamber of Commerce President and CEO Thomas J. Donohue issued the following statement today regarding the administration's release of a proposal to resolve the U.S.-Mexico cross-border trucking dispute
U.S. Chamber of Commerce – 1/7/2011

Construction Machinery Exports Up
Exports of U.S.-made construction equipment increased in the second quarter of 2010, and total construction machinery exports at midyear were $7.4 billion, a 15% gain overall compared to January-June 2009 numbers, according to the Association of Equipment Manufacturers (AEM).
Diesel Progress – 8/19/2010