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NEW! U.S.-Colombia Trade Promotion Agreement Fact Sheet (June 30, 2008)

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Washington (July 2) - Under Secretary Christopher A. Padilla meets with Paavo Väyrynen, the Finnish Foreign Minister of Trade & Development. Padilla and Väyrynen discussed ways in which the United States and Finland can further strengthen bi-lateral trade and investment.

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Washington (July 1) – Under Secretary Christopher A Padilla discusses the need to pass the Colombia Trade Promotion Agreement at the Heritage Foundation. Since the United States and Colombia signed the U.S.-Colombia Trade Promotion Agreement – almost 600 days ago – U.S. exports to Colombia have faced an estimated $1.1 billion in taxes just to enter the Colombian market. That means that every single day, about $2 million dollars in taxes are placed on a variety of U.S. exports sent to the Colombian market, effectively undermining the competitiveness of American products. (more)

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Recent Trade News:
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Commerce Hosts Contract Signing Ceremony Between The Boeing Company and Biman Bangladesh Airlines Ltd. - June 25, 2008

Secretary Gutierrez Witnesses Contract Signings Between U.S. and Vietnamese Companies - June 24, 2008

Travel and Tourism in the United States is Booming - June 23, 2008

U.S. Commerce Department Launches India Business Center - June 17, 2008

Commerce Announces 2007 Top U.S. Destinations for Global Travelers - June 2, 2008

 

Trade Fact of the Day:

In 2007, the United States exported $66 million of animal feeds and pet food to Colombia. Source: International Trade Administration Previous Trade Facts of the Day

 

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