On Monday, President Donald J. Trump declared July 16-22 to be “Made in America” week and held an event at the White House highlighting American-made products. Yet such events often overlook the benefits of imports, including programs such as GSP, in creating those American-made products. Take BTR International, a small business in New ...
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Written on June 19, 2017 in
exports
Aid Through Trade is a leader in the fair trade fashion industry. Founded in 1993, today it supports over 200 women artisans in Nepal – one of the poorest countries in the world – in addition to its staff in Maryland. GSP expiration in 2013 had a snowball effect familiar to many small business users...
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Yesterday, we demonstrated why a focus on bilateral trade deficits will provide misguided (at best) or counterproductive and harmful (at worst) lessons to policymakers. In short, companies contribute to bilateral trade deficits with some countries and bilateral surpluses with other – but a report on bilateral deficits will almost never captur...
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