About Trade
"Free and fair trade helps secure a future of freedom and promise."
President George W. Bush
World Trade Week Proclomation
May 16, 2008
News Highlights
$1,000,000,000 Tax on U.S. Exports to Colombia
Washington (May 5)—Commerce Secretary Carlos M. Gutierrez today released the following statement regarding the estimated tariffs imposed on American-made goods exported to Colombia. Since the signing of the U.S.-Colombia Trade Promotion Agreement (TPA), American goods have faced more than an estimated $1 billion in Colombian tariffs. Tariffs are taxes that make American goods more expensive and less competitive. (More)
President Bush Discusses Economy, Trade
Maryland Heights, Missouri (May 2)—President Bush addressed employees at World Wide Systems, Inc. to discuss the economy and pending free trade agreements. He said, “And so I strongly urge the Congress to understand that opening up markets is good for our economy. But I also strongly urge the Congress to understand—whether it would be Colombia or Panama or Korea—that we can't be turning our backs on our allies. This is good economics and it's good national security.” (Transcript)



