Top Lower Left Banner Image Top Lower Left Banner Image Top Lower Left Banner Image
Top Lower Left Banner Image Top Lower Center Banner Image Top Lower Center Banner Image
Link to the Ways and Means Committee Minority website Link to the Ways and Means Minority News and Press Page Link to the Ways and Means Minority Republican Blog Link to the Ways and Means Facts Are Stubborn Things
Link to the Ways and Means Select Revenue Measures Subcommittee
Link to the Ways and Means Health Subcommittee
Link to the Ways and Means Trade Subcommittee
Link to the Ways and Means Income Security & Family Support Subcommittee
Link to the Ways and Means Social Security Subcommittee
Link to the Ways and Means Oversight Subcommittee
Email Newsletter Sign Up Name Field
Email Newsletter Sign Up Email Address
Latest RSS Feeds; Click to view the latest Committee Press Items via RSS.
 

11/24/2008 - McCrery, Herger: "Level Playing Field by Passing U.S. - Colombia Agreement"
 
11/14/2008 - Herger Urges Renewed Commitment to Global Trade at G-20 Summit
 
11/10/2008 - Herger Joins British Prime Minister in Warning Against a New Era of Economic Isolationism
 

 
 

11/3/2008 - Facts Are Stubborn Things on "Spreading the Wealth"
 
10/3/2008 - FAST: The Extenders Package is Not Pork
 
9/18/2008 - GAO Releases Report on Effective Tax Rates: Much Ado About Not Much
 

 
 

2/27/2008 - McCrery Column on Red State: Democrat Energy Bill Delivers Far Less Than it Promises
 
12/4/2007 - McCrery Op-ed: 'Baseline' Question Is Key to Future Tax Policy
 
12/4/2007 - McCrery Op-Ed: "'Baseline' Question Is Key to Future Tax Policy"
 

 
Colombia Tariff Ticker
Committee Calendar Menu
<<

November 2008

>>
S M T W T F S
      

1

2

3

4

5

6

7

8

9

10

11

12

13

14

15

16

17

18

19

20

21

22

23

24

25

26

27

28

29

30

      
Committee Hot Topics Menu
11/24/2008 - Editorial Boards Across the Country Continue the Drumbeat to Pass Colombia FTA
...view more
 
2/28/2008 - Johnson's Bipartisan "New Employee Verification Act"
...view more
 
1/10/2007 - Medicare
...view more
 
Committee Membership; Click to view the Committee's Membership.
Committee Hearings; Click to view the latest Committee Hearing Schedule.
Committee Markups; Click to view the Committee Markup Schedule.
Economic Corner Menu

U.S. Has Trade Surplus in Manufactured Products with FTA Partners


Continued strong growth in U.S. exports has resulted in a trade surplus of $2.7 billion in manufactured goods with FTA partner countries for the first five months of 2008.  The $2.7 billion surplus represents an improvement of $15 billion over the same period last year.  The increase in the trade surplus with Canada, Singapore, Chile, Australia, and CAFTA was $12.6 billion.


The rate of growth of U.S. exports of manufactured products to FTA partner countries far exceeds that to non-FTA markets.  While the rest of the U.S. economy struggles, rapidly rising U.S. exports are sustaining U.S. economic growth.  Therefore, it is vitally important that Congress passes the three pending fair trade agreements with Colombia, South Korea, and Panama.  The U.S. International Trade Commission has estimated that these three agreements would increase U.S. exports by at least $10.8 billion.  These fair trade agreements are an economic stimulus for the U.S. manufacturing sector and American workers. 


 
  Ways and Means Committee Republican Address; Click this to view Committee's Address on Google Maps.