PROTECTING SMALL BUSINESS, PROMOTING ENTREPRENEURSHIP

Global Markets & TPP

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. […]

March 21st, 2018 by

The Honorable Kevin Brady Chairman Committee on Ways and Means U.S. House of Representatives Washington, D.C.  20515   The Honorable Richard Neal Ranking Member Committee on Ways and Means U.S. House of Representatives Washington, D.C.  20515   Dear Chairman Brady and Ranking Member Neal, On behalf of our nationwide membership of entrepreneurs and small businesses, […]

March 21st, 2018 by

by Raymond J. Keating- International trade plays a vital role in the U.S. economy, with real total trade (exports plus imports) equaling 29.3 percent of U.S. real GDP last year, compared to a mere 6.1 percent in 1955, for example. Indeed, in industry after industry, trade matters. Free Trade and Railroads Consider, for example, the […]

March 20th, 2018 by

by Raymond J. Keating- During a time when the benefits of free trade are coming under fire in political circles, it’s encouraging to see high levels of American adults holding a positive view on foreign trade. Gallup reported earlier this month that 70 percent of U.S. adults hold a positive view on foreign trade – […]

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