President Obama is right to recognize the need for new trade promotion authority and other resources to promote more exports. But he and Congress should not overlook some simple steps that would also help to remove obstacles that currently keep America’s Foreign-Trade Zones — a shining exception to the sluggishness of the overall export economy — from doing even better.
News & Analysis
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.
12 Nov 2014
Tougher Chinese regulations on imported wastepaper shipments helped drive down U.S. containerized exports in September.
06 Oct 2014
Potential Russian transit blocks and additional European Union sanctions could hurt both ports and railways in Latvia, and cripple the country's economy, Latvia's economy minister said.
01 Oct 2014
The U.S. and India called for enhanced bilateral cooperation and laid out an aggressive plan to boost trade and investment following meetings in Washington between India Prime Minister Narendra Modi and President Barack Obama.
27 Aug 2014
The value of total trade and exports moving through U.S. foreign-trade zones last year hit record highs, reflecting exporter and retailers’ increased of the hubs.
25 Aug 2014
The world’s largest container manufacturer, China International Marine Containers (CIMC), does not expect the U.S. government’s antidumping and countervailing duty investigation to be resolved before May next year.
21 Aug 2014
Thousands of containers of agricultural products heading to Russia are still on the water, in limbo until shippers can find new destinations for their goods.