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Service Exports

The United States is the largest services trading country in the world, with $1 trillion worth of two-way trade in 2011 and a services trade surplus of $179 billion (up 23% from 2010). The Bureau of Economic Analysis’ data shows that in 2010, the U.S. had a...
European Union – United States Free Trade Pact

European Union – United States Free Trade Pact

In President Barack Obama’s 2013 State of the Union address, he indicated U.S. support for potential free trade pact when he said: “Trade that is free and fair across the Atlantic supports millions of good-paying American jobs.” Obama intends to make...