Global Markets & TPP

January 20th, 2016 by

by Raymond J. Keating- As many small business owners will attest, Washington has produced a boatload of bad policies that have burdened entrepreneurs and have worked against risk taking and strong business growth. For example, increased taxes, the regulatory explosion, loose money creating uncertainty, and more government spending and debt are the type of policies […]

January 14th, 2016 by

As exporters, importers and consumers the proposed tariffs – and ending NAFTA – would “impose serious costs on U.S. entrepreneurs, and undermine economic opportunity.” By Ray Keating- Republican presidential candidate Donald Trump is not very big on free trade – though he says that he is. In reality, Trump seems to be rather protectionist when […]

January 7th, 2016 by

by Raymond J. Keating- The latest trade data from the U.S. Bureau of Economic Analysis continues to tell a troubling economic tale of declining exports and imports. Exports fell for the second consecutive month in November 2015, and were down by 8 percent compared to the recent high set in October 2014. The November level […]

December 14th, 2015 by

by Karen Kerrigan- In a letter on December 10 to all members of the United States Congress, Small Business & Entrepreneurship Council (SBE Council) president & CEO Karen Kerrigan urged House and Senate members to vote “yes” on the Trade Facilitation and Trade Enforcement Act conference report, which includes important customs modernization and trade enforcement provisions and makes […]

December 11th, 2015 by

By Barbara Weltman- The SBA’s Office of Advocacy recently reported that international trade accounts for 30 percent of the U.S. economy, and that small businesses are key players. Small businesses (defined by the SBA as those having fewer than 500 employees) account for 97% of all U.S. exporters. Selling abroad enables small businesses to expand […]

December 11th, 2015 by

“It is the largest and most comprehensive trade agreement ever negotiated. Trade agreements by their nature remove barriers to markets, and TPP certainly accomplishes that and more. For example, the TPP is the first trade agreement that explicitly requires participating nations to provide technical assistance and web portals to small business owners to help them […]

December 10th, 2015 by

by Raymond J. Keating- Trade is central to U.S. economic and income growth. Consider, for example, that in 1960, exports accounted for 5.1% of U.S. GDP, and total trade (exports plus imports) equaled 9.5% of GDP. By 2014, exports rose to 13.4% of GDP, and total trade came in at 29.9% of GDP. Since 2000, […]

December 9th, 2015 by

It’s Time to Lift the Ban on Crude Oil Exports by Raymond J. Keating- The energy markets have been on a ride in recent days, with the price of a barrel of crude oil flirting with lows not seen since 2009. What’s going on? In short, markets are looking at a strong dollar, an international […]

December 7th, 2015 by

More than 18,000 tariffs on U.S.-produced goods will be eliminated or reduced under the TPP by Raymond J. Keating- Expanding opportunity for U.S. entrepreneurs, workers, businesses and consumers by lowering governmental barriers to trade is positive, pro-growth policymaking. And that’s what’s basically being accomplished by the proposed Trans-Pacific Partnership (TPP) trade deal between the U.S. […]

December 4th, 2015 by

by Raymond J. Keating- The U.S. Bureau of Economic Analysis release of October trade numbers points to a clear worry for the U.S. economy. In October, both exports and imports declined versus the previous month. In fact, they both have been on a general decline since October of last year. Consider that monthly exports registered […]

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