Foreign trade of the United States

US Technology Exports Totaled $335 Billion in 2020, New CompTIA Report on Tech Trade Reveals

Retrieved on: 
Wednesday, June 30, 2021
Foreign trade of the United States, Economy of South Korea, Economy of Kazakhstan

CompTIA's "Tech Trade Snapshot" shows that tech product and service exports declined for the first time in four years, down an estimated 4.9% ($17.1 billion) from 2019.

Key Points: 
  • CompTIA's "Tech Trade Snapshot" shows that tech product and service exports declined for the first time in four years, down an estimated 4.9% ($17.1 billion) from 2019.
  • Exports of technology products and services have grown steadily over the past decade on the strength of U.S. innovation
    U.S. exports of semiconductors totaled $63 billion, an increase of 5.6% year-over-year.
  • In all 32 states exported more than $1 billion worth of technology products in 2020, from Texas ($44.9 billion), California ($37.6 billion) and Oregon ($12.2 billion) to Mississippi ($1.2 billion), Maryland ($1.2 billion) and Connecticut ($1 billion).
  • Over a 10-year period U.S. tech services exports have totaled nearly $1.3 trillion, resulting in a trade surplus of $433 billion.

Economic Study Quantifies the Cost of the Trade War on U.S. Agriculture

Retrieved on: 
Tuesday, April 20, 2021
Agricultural economics, Academic disciplines, AAEA, Economics, Choices, Applied Economic Perspectives and Policy, Applied economics, Foreign trade of the United States, Articles

b'MILWAUKEE, April 20, 2021 /PRNewswire-PRWeb/ --Retaliation led to significant U.S. agricultural export losses that estimated at $13.5 to $18.7 billion dollars on an annualized basis.

Key Points: 
  • b'MILWAUKEE, April 20, 2021 /PRNewswire-PRWeb/ --Retaliation led to significant U.S. agricultural export losses that estimated at $13.5 to $18.7 billion dollars on an annualized basis.
  • Prices fell as exports were temporarily shut out of foreign markets, and, to the extent that commodities can be stored, stocks accumulated which affects product quality and the stream of farm income.
  • Exacerbating these problems, we find very little evidence that U.S. exports were able to be reoriented to alternative, non-retaliating marketsan indication of high bilateral trade frictions and the destructive consequences of retaliatory trade actions.
  • The AAEA publishes two journals, the American Journal of Agricultural Economics and Applied Economic Perspectives & Policy, as well as the online magazine Choices and the online open access publication series Applied Economics Teaching Resources.

Warren Gfeller Named to U.S. Department of Agriculture Advisory Committee

Retrieved on: 
Wednesday, February 3, 2021
Professional services, Oil, Gas, Agriculture, Energy, Natural Resources, Consulting, United States trade policy, Foreign trade of the United States, Foreign relations of the United States, ATAC, Office of the United States Trade Representative, Commercial policy, Federal government of the United States

The ATAC advises the USTR and Secretary of Agriculture on international trade matters relevant to U.S. agriculture.

Key Points: 
  • The ATAC advises the USTR and Secretary of Agriculture on international trade matters relevant to U.S. agriculture.
  • View the full release here: https://www.businesswire.com/news/home/20210203005294/en/
    Warren H. Gfeller of Russell, Kansas has been appointed to serve on the Agricultural Technical Advisory Committee (ATAC) for Animal and Animal Products.
  • The ATAC advises the United States Trade Representative and Secretary of Agriculture on international trade matters relevant to U.S. agriculture.
  • I am honored to have been appointed to serve on the Agricultural Technical Advisory Committee, said Mr. Gfeller.

NIHC Board Chairman Patrick Atagi Named to USDA's Agricultural Technical Advisory Committee on Tobacco, Cotton and Peanuts

Retrieved on: 
Friday, January 15, 2021
United States trade policy, Federal government of the United States, Foreign trade of the United States, Robert Lighthizer, Hemp, Sonny Perdue, Commercial policy, United States Department of Agriculture, Office of the United States Trade Representative, Foreign relations of the United States, Lighthizer

WASHINGTON, Jan. 15, 2021 /PRNewswire/ --The Chairman of the Board of the National Industrial Hemp Council Patrick Atagi was appointed today to the Agricultural Technical Advisory Committee (ATAC) for Trade in Tobacco, Cotton and Peanuts by United States Department of Agriculture Secretary Sonny Perdue and United States Trade Representative (USTR) Robert Lighthizer.

Key Points: 
  • WASHINGTON, Jan. 15, 2021 /PRNewswire/ --The Chairman of the Board of the National Industrial Hemp Council Patrick Atagi was appointed today to the Agricultural Technical Advisory Committee (ATAC) for Trade in Tobacco, Cotton and Peanuts by United States Department of Agriculture Secretary Sonny Perdue and United States Trade Representative (USTR) Robert Lighthizer.
  • "It's an honor to be asked to serve and I look forward to representing the hemp industry."
  • Members of the six Agricultural Technical Advisory Committees (ATACs) provide technical advice and guidance from the perspective of their specific product sectors.
  • This makes the second NIHC board member to be appointed by the Secretary of Agriculture and the USTR to the ATAC.

GCT Deltaport Celebrates Completion of Final Tracks at Deltaport Intermodal Rail Yard

Retrieved on: 
Thursday, December 17, 2020
Container terminals, Coal in Canada, Foreign trade of the United States, Roberts Bank Superport, Transport, Rail transport, Economy, Articles

Vancouver, BC, Dec. 17, 2020 (GLOBE NEWSWIRE) -- GCT Canada is pleased to announce the completion of the final two tracks of the GCT Deltaport Intermodal Rail Yard Expansion Project, which sets GCT Deltaport apart as the most efficient and capable ship-to-rail discharge facility in the world.

Key Points: 
  • Vancouver, BC, Dec. 17, 2020 (GLOBE NEWSWIRE) -- GCT Canada is pleased to announce the completion of the final two tracks of the GCT Deltaport Intermodal Rail Yard Expansion Project, which sets GCT Deltaport apart as the most efficient and capable ship-to-rail discharge facility in the world.
  • The GCT Deltaport Intermodal Rail Yard Expansion Project is the second, $300 million privately-funded stage of the multi-phased expansion Deltaport Terminal Road and Rail Improvement Project (DTRRIP), a collaboration with the Port Authority and the Province of British Columbia.
  • Further, the GCT Deltaport Intermodal Rail Yard Expansion Project:
    Increases rail capacity enabling sustainable intermodal cargo growth;
    Improves operational performance and provide surge and recovery capacity;
    Decreases noise and greenhouse gas emissions with the introduction of modernized electric CRMGs; and
    Reduces light pollution as a result of the new energy-efficient LED lights.
  • As the premier ship-to-rail terminal on the continent, rail handling capacity at GCT Deltaport has increased by more than 50% due to the project.

Import Duties Threaten U.S. Farmers’ Access to Key Fertilizers

Retrieved on: 
Monday, December 7, 2020
White House, Federal Government, Public policy, Government, Mining, Minerals, Public policy, Agriculture, Natural Resources, OCP Group, Phosphate mining, Fertilizer, Foreign trade of the United States

The new website aims to promote awareness and action in response to the threat to U.S. farmers posed by substantial import duties recently imposed by the U.S. Department of Commerce on imports of the phosphate fertilizers on which American farmers depend.

Key Points: 
  • The new website aims to promote awareness and action in response to the threat to U.S. farmers posed by substantial import duties recently imposed by the U.S. Department of Commerce on imports of the phosphate fertilizers on which American farmers depend.
  • The new duties are the direct result of a trade petition by American fertilizer giant The Mosaic Company.
  • Specifically, Commerce imposed a preliminary duty of 23.46 percent on U.S. imports from the OCP Group in Morocco, and preliminary duties of 20 to 72.5 percent on certain Russian imports, effective December 1.
  • Its time to stand with U.S. farmers and thats what were going to do.

GCT Investment Advances Capability at Vanterm Terminal with Two Modern Ship-to-Shore Cranes in the Burrard Inlet

Retrieved on: 
Friday, November 27, 2020
Container terminals, Coal in Canada, Foreign trade of the United States, Roberts Bank Superport, GCTS, Burrard Inlet, Geography of British Columbia, Transport, Landforms of British Columbia

Vancouver, B.C., Nov. 27, 2020 (GLOBE NEWSWIRE) -- On November 27, 2020, GCT Global Container Terminals Inc. accepted the delivery of two modern 14,000 TEU capable ship-to-shore cranes at GCT Vanterm in Burrard Inlet in the Vancouver Harbour.

Key Points: 
  • Vancouver, B.C., Nov. 27, 2020 (GLOBE NEWSWIRE) -- On November 27, 2020, GCT Global Container Terminals Inc. accepted the delivery of two modern 14,000 TEU capable ship-to-shore cranes at GCT Vanterm in Burrard Inlet in the Vancouver Harbour.
  • After travelling roughly 9,200 km or 5,000 nautical miles from Shanghai, the two cranes passed safely under the Lions Gate Bridge earlier this week and arrived at GCT Vanterm.
  • This advancement is part of GCTs previously announced $160-million-dollar private sector investment to modernize and densify operations at GCT Vanterm.
  • On the West Coast, GCT Canada operates two gateway terminals: GCT Vanterm and GCT Deltaport in Vancouver and Delta, BC.

United States Virgin Olive Oil Market Analysis, Forecast, Size, Trends and Insights 2020-2030 with COVID-19 Impact Insights - ResearchAndMarkets.com

Retrieved on: 
Thursday, November 26, 2020
Food, Beverage, Retail, Economy, International trade theory, International relations, Articles, International macroeconomics, National accounts, Economic history of the United States, Marshall–Lerner condition, Foreign trade of the United States

Trade (exports and imports) in the U.S.

Key Points: 

Trade (exports and imports) in the U.S.
Reasons to buy this report:

The U.S. Lumber Coalition: U.S. Department of Commerce Confirms Continued Canadian Softwood Lumber Subsidies and Dumping in First Annual Administrative Review

Retrieved on: 
Tuesday, November 24, 2020
Timber industry, Forestry, Foreign trade of the United States, Canada–United States trade relations, Lumber, Canada–United States softwood lumber dispute

The duty deposit rates and duties assessed on Canadian lumber imports will rise and fall between administrative reviews based upon numerous legal and factual considerations during a review period, market prices and volume of imports among them.

Key Points: 
  • The duty deposit rates and duties assessed on Canadian lumber imports will rise and fall between administrative reviews based upon numerous legal and factual considerations during a review period, market prices and volume of imports among them.
  • The Commerce Department initiated the second administrative review in March 2020, covering Canadian lumber imports in 2019.
  • A preliminary determination for the second administrative review is expected in late January 2021.
  • Our goal is to serve as the voice of the American lumber community, and effectively address Canada's unfair softwood lumber trade practices, including its gross underpricing of timber.

Pacific Northwest small business honored with President's "E" Award for Exports

Retrieved on: 
Tuesday, October 27, 2020
President's "E" Award, United States Department of Commerce, Export, Foreign trade of the United States

The President's "E" Award is the highest recognition any U.S. entity can receive for making a significant contribution to the expansion of U.S. exports.

Key Points: 
  • The President's "E" Award is the highest recognition any U.S. entity can receive for making a significant contribution to the expansion of U.S. exports.
  • The "E" Awards Committee was very impressed with IOPI Medical's exports to 42 countries.
  • "For our years of hard work and commitment, to be honored with the President's "E" Award is truly a privilege."
  • Criteria for the award is based on four years of successive export growth in one or more international markets.