Trade pact’s just not all that; EU edges out US: by Bill Armbruster. I wish I could report that the US-Korea Free Trade Agreement, which took effect on March 15, 2012, provided an immediate shot of adrenalin to US exports. But that’s not the case. In fact, US goods...
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...
KORUS kicks in as Colombia, Panama FTAs cool their heels by Bill Armbruster, blog anchor The Korean-US free trade agreement enters into force tomorrow, March 15. As I wrote here last month, the progress of FTAs is stately indeed: After President Obama signed the...
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...
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...
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...
Here’s an opportunity to reach a US (pending) FTA partner Commercial News USA, the Department of Commerce export promotion magazine, has a special offer for exporters: buy two ads and get a third free plus get a free listing ad translated into Korean in an online...
And that’s not all as FTAs come into force July 1 Here’s a new take on the classic UK-centric newspaper headline, “Fog in Channel. Continent Cut off.” The BBC reports that “South Korea lifts Scotch whisky import barriers”. True, as far as it goes: Effective today, a...
Gearing up to crack down on false claims to FTA tariff treatment The Korea Customs Service (KCS) announced it is proactively starting to prohibit third-party goods from falsely claiming Korean origin. This in expectation that false claims will rise as free trade...
Countries left out of FTAs lose out on trade Proponents of the free trade agreements awaiting Congressional approval often argue their case by pointing to the boost FTAs will give to US exports. So, for instance, the US Department of Agriculture projects the US-Panama...
