The trade and economic cooperation deal signed by the U.S. and Brazil will open a constrained market and help reach the administration’s goal of doubling exports by 2015, U.S. Trade Representative Ron Kirk said.
A trade agreement among about a dozen Asia-Pacific countries that is the centerpiece of President Barack Obama’s plans to increase exports will require tough choices to be completed in 2013, his envoy said.
U.S. Trade Representative Ron Kirk said the passage of three free-trade agreements by Congress creates momentum for Pacific talks where the U.S. is offering a proposal to end unfair advantages for state-owned firms.
The Obama administration will need Congress to pass legislation for swift action on trade deals to complete an accord with at least eight Pacific nations by the end of the year, U.S. Trade Representative Ron Kirk said.
U.S. Trade Representative Ron Kirk said the nation’s policy for issuing visas is hurting the economy by limiting tourism and blocking overseas buyers of American products from coming to the U.S. for training.
Free-trade agreements with South Korea, Colombia and Panama may create or support more than the 70,000 jobs estimated by economists because service industries will add workers, U.S. Trade Representative Ron Kirk said.