Trade Fact of the Day
California's export shipments of merchandise in fiscal year 2007 totaled $134.2 billion, ranking California second only to Texas ($168.2 billion) among the states in terms of total exports in 2007.
About Trade
"Trade fosters human opportunities that build hope and give people a stake in their society's success."
John D. Negroponte
Deputy Secretary of State
September 18, 2007
TradeAgreements.gov is an interagency effort by the United States Government to provide the public with the latest information on America's trade agreements. A joint effort between the Departments of Agriculture, Commerce, State, Treasury and the Office of the United States Trade Representative, this site will be regularly updated with news about existing agreements, as well as pending free trade agreements with Peru, Colombia, Panama and South Korea.
News Highlights
Gutierrez and Schwarzenegger Highlight Trade, Investment and Economic Stimulus in California
Torrance, Calif. (May 12)—U.S. Secretary of Commerce Carlos M. Gutierrez and California Governor Arnold Schwarzenegger today toured a Hitachi plant in California to highlight the importance of foreign direct investment in creating U.S. jobs. The two also authored an opinion editorial in the Wall Street Journal that highlighted the need for America’s openness. They wrote, “As immigrants, we're proud of America and the strength it derives from being uniquely open to trade, to investment, and to ideas and people.” (Opinion Editorial)
Secretary Gutierrez Travels to China and Korea for High-Level Meetings to Discuss Bilateral Trade
Miami (May 9)—U.S. Commerce Secretary Carlos M. Gutierrez will travel to Beijing, China and Seoul, South Korea, May 14-16, to discuss bilateral trade and promote U.S. exports. “American businesses, workers, farmers and ranchers are exporting around the world at record rates,” Gutierrez said. “While U.S. exports of goods to China, now our third-largest export partner, grew by more than 18 percent in 2007, significant trade barriers to the Chinese market remain.” (More)
