Among the many topics covered in this year’s State of the Union Address, President Obama discussed two issues that are critical for the continued growth of the U.S. economy — international trade and transportation infrastructure. Both are priorities the retail industry strongly supports.
News & Analysis
15 May 2015
After a false start earlier the week, the U.S. Senate Thursday voted to open the debate on legislation to renew expired trade promotion authority.
30 Apr 2015
The Philippines, one of the world’s fastest growing economies, wants to be known within the maritime industry for being more than the No. 1 provider of commercial seafarers.
16 Apr 2015
New legislation unveiled Thursday would give U.S. President Obama “fast track” authority to negotiate an ambitious trade accord with 11 other Pacific nations and set the course for what will be one of the toughest battles of the president’s last 19 months in office.
02 Apr 2015
The new Narendra Modi-led Indian federal government announced its much-awaited foreign trade policy, with a goal of doubling the country’s exports to $900 billion and elevate its share of world trade from the current 2 percent to 3.5 percent by 2020.
05 Feb 2015
A top Republican on Wednesday said he expects the new conservative Congress to pass trade promotion authority sometime this spring, potentially allowing President Obama to take a major trans-Pacific trade pact past the finish line this year.
04 Feb 2015
U.S. agriculture and medical product shippers could gain a larger share of the Cuban market if a bill reintroduced by Rep. Charles Rangel, D-N.Y., is passed.
18 Dec 2014
U.S. Gulf and South Atlantic ports see the thawing of Cold War restrictions on United States trade with Cuba trade as a potential new market — or a revival of an old one.
18 Dec 2014
The limited exemption for exports, and possibly the 53-year-old embargo, may become a thing of the past if Obama gets his way. But ending the embargo would require congressional action, something that’s politically questionable.
05 Dec 2014
WASHINGTON — Sen. John McCain, R-Ariz., lashed out at the Jones Act during a Friday panel at the Heritage Foundation, saying the 94-year-old maritime law is an anachronism that hurts U.S. farmers and manufacturers at the expense of foreign rivals.
02 Dec 2014
Japan and Turkey have kicked off negotiations on a bilateral free trade agreement, as Tokyo sees the newly industrialized country as a potentially lucrative market and strategic gateway to other markets in Europe, the Middle East and elsewhere.