Topic Category: Trade & Finance

The upcoming congressional debate over Trade Promotion Authority gives our elected officials in Washington the chance to create new opportunities and open new markets for American small businesses around the world. I, along with millions of other small-business owners, hope they succeed and pass this critical legislation.

Topic: Trade & Finance
Read More Comment (0) Hits: 2576

The African Growth and Opportunity Act (AGOA) was passed by Congress in 2000. It was intended to boost the global competitiveness of sub-Saharan African nations by giving them duty-free access to the U.S. market for all goods covered under the Generalized System of Preferences, plus an additional 4,000 items. Fifteen years later, however, we haven’t seen huge imports from any of the AGOA countries. Why is that?

Topic: Trade & Finance
Read More Comment (2) Hits: 4484

The Panama Canal expansion project, which was initially scheduled to be completed in 2014, 100 years after its first opening, has been delayed for a number of reasons. Nevertheless, on December 31 last year the Panama Canal Authority said its new locks are expected to be tested at the end of 2015 and be ready for commercial transit in early 2016. Are American ports ready?

Topic: Trade & Finance
Read More Comment (0) Hits: 3997

The imagined rewards that come with timing markets often tempt otherwise risk-adverse individuals with the prospect of easy money. The same psychology that lures humans toward gambling comes into play when making both personal and professional financial decisions. As tempting as timing the market might be, is it truly the right course for you or your business?

Topic: Trade & Finance
Read More Comment (0) Hits: 3398

Let’s face it, companies competing in global markets often depend on their governments for export-related financing and support. With every nation trying to win jobs and promote exports for companies in their own countries, the Export-Import Bank of the United States does the same: it provides the financial scaffolding to support American business interests worldwide.

Topic: Trade & Finance
Read More Comment (0) Hits: 2805

The specter of currency wars rises like a phoenix once again. This time around, most of the warriors reside in Washington, D.C. The strong dollar has inflamed the currency warriors led by Democratic Senator Chuck Schumer from New York and Lindsey Graham, a Republican Senator from South Carolina. These mercantilists argue that “cheap” foreign currencies give the U.S.’s trading partners an “unfair” advantage, something worth doing battle over.

Topic: Trade & Finance
Read More Comment (1) Hits: 2703

President Obama’s Dec. 17, 2014, announcement that the United States will re-establish diplomatic relations with Cuba after more than 50 years is a paradigm shift that offers some immediate opportunities for the trade community. However, the more meaningful step of removing the longstanding U.S. economic embargo against Cuba will have to be taken by Congress.

Topic: Trade & Finance
Read More Comment (1) Hits: 4865

U.S. Trade Representative Michael Froman is bullish on the trade agenda. But his estimate of completing the Trans-Pacific Partnership (TPP) negotiations in March discounts the possibility that Congress will issue tough demands in its Trade Promotion Authority (TPA) legislation. A congressional mandate to include enforceable “currency manipulation” provisions in trade agreements, for example, would push completion of the TPP into the next administration or kill it altogether.

Topic: Trade & Finance
Read More Comment (0) Hits: 2490

The 114th Congress features a Republican majority that is larger than any since 1928 and ready to flex that GOP muscle. While a Democratic White House could create speed bumps to GOP efforts to advance certain legislative initiatives, both sides have said trade policy is an issue where they might find common ground.

Topic: Trade & Finance
Read More Comment (0) Hits: 4514

Most economists agree that free trade works better than restricted trade to increase the size of the economic pie. By enlarging markets to span national borders, free trade increases the pool of potential producers, consumers, partners, and investors, which permits greater specialization and economies of scale — both essential ingredients of per capita economic growth.

Topic: Trade & Finance
Read More Comment (4) Hits: 4177

Quick Search

Stock Watch

Warning: Invalid argument supplied for foreach() in /homepages/11/d415002585/htdocs/manzellareportcom_251/modules/mod_rokstock/googlestock.class.php on line 71

FREE Impact Analysis

Get an inside perspective and stay on top of the most important issues in today's Global Economic Arena. Subscribe to The Manzella Report's FREE Impact Analysis Newsletter today!