Global Markets & TPP

May 21st, 2018 by

by Karen Kerrigan- May is Global Trade Month, which serves as a great reminder that 95% of the world’s consumers live outside of U.S. borders. America’s small businesses already dominate the global marketplace. Did you know that 76.2 percent of U.S. exporters have fewer than 20 employees, and 86.7 percent have fewer than 50 workers? […]

May 7th, 2018 by

In a March 7 Fox News op-ed, SBE Council chief economist Raymond Keating reviews the big benefits of NAFTA for entrepreneurs and small businesses and urges negotiators to maintain the agreement – including key provisions – that have boosted commerce across borders and certainty for business. As he notes in the piece: “The investor-state dispute […]

May 1st, 2018 by

by Raymond J. Keating- Given that trade is such a hot policy topic right now, and considering that this is National Small Business Week, let’s take a look at key points on trade from a small business perspective. First, it’s critical to provide a reminder that trade is not just about the “big guys,” but […]

April 20th, 2018 by

  In a CNBC Nightly News report and article, reporter Kate Rogers talked with small business owners about the impact of President Trump’s proposed tariffs on their operations and livelihood. A soybean farmer from Nebraska said the proposed tariffs “might mean make or break for the farm that’s been in her family for more than […]

April 19th, 2018 by

Raymond J. Keating Chief Economist Small Business & Entrepreneurship Council   Submitted to the Office of the United States Trade Representative   Docket No. USTR-2018-0005 Public Hearing Date: May 15, 2018 The Small Business & Entrepreneurship Council (SBE Council) is pleased to submit these comments. My name is Raymond J. Keating, and I am the […]

April 11th, 2018 by

…U.S. Must Reclaim Global Leadership on Trade FOR IMMEDIATE RELEASE Washington, D.C. –  The U.S. House Small Business Committee hosted a hearing today on “The State of Trade and Small Business,” and Small Business & Entrepreneurship Council (SBE Council) Chief Economist Raymond Keating provided testimony on several key issues, including: the many benefits of trade […]

April 11th, 2018 by

The State of Trade and Small Business   Testimony by Raymond J. Keating Chief Economist Small Business & Entrepreneurship Council   Before the Committee on Small Business U.S. House of Representatives   The Honorable Steve Chabot, Chairman The Honorable Nydia Velazquez, Ranking Member April 11, 2018 Chairman Chabot, Ranking Member Velazquez, and Members of the […]

April 6th, 2018 by

  by Raymond J. Keating- The latest monthly trade numbers from the U.S. Bureau of Economic Analysis show that the U.S. trade deficit increased in February. In fact, the trade deficit has risen notably over the last six months. Uh-oh. Just kidding. Relax. Actually, the trade deficit doesn’t really matter. It’s not like the U.S. […]

April 4th, 2018 by

by Raymond J. Keating- Focusing on the overall trade deficit and deficits with particular countries, President Donald Trump has been emphasizing the imposition of tariffs, along with quotas, on assorted products and/or nations. The latest action by the Administration on April 3 includes proposed tariffs on Chinese goods, which relate to intellectual property theft and unfair […]

March 26th, 2018 by

by Raymond J. Keating- The U.S. economy, including small businesses and consumers, derive enormous benefits from international trade on the energy front, and policymakers need to appreciate this economic fact of life and not undermine such trade with misguided measures, including any undermining of free trade with Mexico and Canada via NAFTA renegotiations. The U.S. […]

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