International Trade Administration

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Statement from Secretary Carlos M. Gutierrez - May 5, 2008

Under Secretary Christopher Padilla at the U.S. Chamber of Commerce

Thursday, May 8 - During remarks at the U.S. Chamber of Commerce, Under Secretary Christopher A. Padilla said China can be a more innovative society by being more open to foreign ideas, including global technology standards. "We know that China wants to become a more innovative society, but we also know that innovation cannot be mandated, centrally directed, or imposed from above." (remarks)

Interactive Grocery Bag Reveal tariffs on U.S. exports to Colombia. Colombian exports enter U.S. free. U.S.-Colombia FTA will remove tariffs on U.S. exports.
US Exports	15% Tariff Apples	10-15% Tariff Farm Equipment	15% Tariff Fertilizer	20% Tariff Softdrinks

Colombia Exports	FREE Bananas	FREE Onions	FREE Fresh-cut Flowers	FREE Coffee

Department of Commerce Announces Inaugural “Invest in America” Week

Washington (May 2) – Commerce Secretary Carlos M. Gutierrez today announced the inaugural Invest in America Week, May 5-9, 2008, featuring events spanning the United States. Invest in America Week will highlight the importance of foreign direct investment (FDI) for U.S. jobs and economic growth through a series of events in 18 states across the country. (more)

Recent Trade News:
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Department of Commerce Announces Inaugural "Invest in America" Week - May 5, 2008

World Travelers Flock to the United States [ Fact Sheet ] - April 29, 2008

Commerce Under Secretary Celebrates 175 Years of U.S.-Thai Trade Relations - April 28, 2008

Administration to Apply Temporary Safeguard on Cotton Socks from Honduras - April 25, 2008

Trade Fact of the Day:

$1,000,000,000. As of today, American exports have faced more than an estimated $1 billion in tariffs upon entry into the Colombian market.

Source: International Trade Administration

Previous Trade Facts of the Day