December 18, 2014 The Bureau of Economic Analysis recently released now data showing that exports of goods and services increased to $197.5 billion in October from $195.2 billion in September.
December 18, 2014 Last week, Ex-Im Bank announced that new enhancements have been made to its Customer Contact Center.
November 26, 2014 On Nov. 14, the Atlantic Council—a think tank, who works to deepen economic integration between Europe and the United States as well as promote transatlantic leadership in the global economy—released a new report entitled: The Transatlantic Trade and Investment Partnership: Big Opportunities for Small Business. The study conducted in both the United States (U.S.) and [Read More]
November 26, 2014 On Thursday Nov. 13, U.S. Trade Representative (USTR) Michael Froman released a statement announcing that the U.S. and India reached a breakthrough compromise on India’s food subsidies, paving the way for the World Trade Organization (WTO) to implement the stalled Trade Facilitation Agreement (TFA) that was reached last December. This agreement would be the first [Read More]
November 13, 2014 Recently, the Export-Import Bank of the U.S. (Ex-Im Bank) Chairman Fred P. Hochberg announced that the agency provided over $5 billion in financing for U.S. small business exports and supported 164,000 American jobs in fiscal year (FY) 2014. The agency also supported over $2 billion in minority- and women-owned business exports by providing financing and [Read More]
November 13, 2014 On Monday Nov. 10, President Barack Obama kicked off his weeklong trip to Asia aimed at strengthening U.S.-Asia trade and investment ties to spur America’s economic growth and job creation. The President began his trip in Beijing, China, where he delivered remarks at the Asia-Pacific Economic Cooperation (APEC) Leaders Meeting and the APEC CEO Summit, [Read More]
November 13, 2014 Today, the Small Business Exporters Association (SBEA), the international trade arm of the NSBA, along with other members of the Trade Benefits America Coalition sent a letter to Senate and House leadership urging their prompt action to pass bipartisan Trade Promotion Authority (TPA) legislation this year. TPA provides for the necessary mechanisms and special procedures [Read More]
November 5, 2014 This week marks the first anniversary of the implementation of President Barrack Obama’s Export Control Reform Initiative.
November 5, 2014 Recently, the U.S. Trade and Development Agency announced that in Fiscal Year 2014 the agency backed $5.8 billion in U.S. exports, which equates to more than $76 in U.S. exports for every dollar programmed.
November 5, 2014 On Oct. 30, new economic data released by the Bureau of Economic Analysis showed the GDP increased 3.5 percent at an annual rate in the third quarter of 2014.