Trade Watch

By: Alice Ancona

Since the campaign, President Trump has made balancing trade flows and reducing the trade deficit a top priority. The President and his Administration have indicated that they are strongly considering the use of tariffs and restrictions as well as tinkering with rules of origin to address this.  This would be antithetical to goals of free trade in general and NAFTA specifically.

It is important to note that while the U.S. has a trade deficit in goods, the U.S. maintains a significant trade surplus in services exports and is the largest exporter of services in the world as well as a top global destination of foreign direct investment.  Goods exports are only one component of trade.

It is important to note that while the U.S. has a trade deficit in goods, the U.S. maintains a significant trade surplus in services exports and is the largest exporter of services in the world as well as a top global destination of foreign direct investment.  Goods exports are only one component of trade.

 

 

 

 

 

Florida Chamber Global Florida Webinar

November 7, 2017  | 3:00 p.m. EST

Please join the Florida Chamber for our next Global Florida webinar  which will focus on NAFTA Modernization. Register Today

 What and the opportunities and threats to modernization?

One of the top trade concerns is the renegotiation/modernization of North American Free Trade Agreement (NAFTA).   Join us as we discuss potential changes to major components of this agreement, their implications and key issues for Florida.