Is the Obama Administration’s Trade Offensive an Illusion?
The Administration kicked off 2012 with what appears to be a full court press on trade enforcement and export promotion.
The Administration kicked off 2012 with what appears to be a full court press on trade enforcement and export promotion.
“Without a doubt, more than ever, the world needs today the sum of talents, the sum of ideas to explore alternatives, to find innovative solutions that will enable the international economy to deal with the challenges it faces, to recover its balance and to get back onto the path of growth.” With these words, Mexican President Calderón launched Mexico’s presidency of the G-20.
All the analysts are correct: the economy is uncompetitive, corruption is rampant, tax evasion is the norm, and the Greeks have a penchant for saying ‘yes’ to everyone then arguing endlessly over the details then, in the end, blaming everyone but themselves for their plight. They defend a social / economic model that they themselves hate and should probably replace communism as the model for how not to run a state.
Last month, GE’s Jeff Immelt told a Thomson Reuters event in New York that, as a nation, the U.S. is not trying hard enough to promote U.S. exports and win business overseas. He held out Germany as an example of a country who goes…
Although all eyes are on the future of the Eurozone, leaders of the 20 largest economies in the world can still walk away from the November summit in Cannes with a ‘win’. How? They can reinforce the partnership with the business community and jointly address another mounting deficit – the ‘confidence deficit’.
World Trade Week 2011 came and went. Despite the Obama administration’s pledge to double U.S. exports by 2015, the pending U.S. FTAs with South Korea, Colombia and Panama continue to be held hostage due to political in-fighting.
As global economic growth begins to pick up, there are decidedly two types of trains on the move – the steam locomotive (most of the world’s developed economies) and the bullet train (high-growth emerging markets).
On April 6 – 11, Mexico will play host to one of the largest US government-led trade missions in recent history. Over 100 U.S. companies have decided to look beyond the narco-violence headlines and fly to Mexico City where they will attend a conference, meet with top US government trade experts from 14 countries…
In the days leading up to his visit to Washington, D.C., Mexican President Felipe Calderón expressed increasing frustration with comments made by U.S. diplomats in Mexico (made public by WikiLeaks) noting colorfully that “Embajadores le echan mucha crema a sus tacos.”
As anyone who has lived in a foreign country and tried to learn the local language knows, there is a time when you start to think you’re really getting it, when suddenly you realize that what you’ve really just figured out is when to nod at the right times. This same feeling of being ‘lost in translation’ also applies to everyday business people trying to navigate the increasingly complex G-world.