A Few More Items on Trade, Foreign Policy

By November 9, 2007Trade

800px-Flag_of_San_Marino_svg.pngWith such a big news on the trade front, we overlooked some major House action Wednesday, its passage of H.Con.Res. 236:

Resolved by the House of Representatives (the Senate concurring), That Congress–
(1) recognizes the close relationship between the United States and the Republic of San Marino;
(2) expresses its deep gratitude to the Republic of San Marino for its close collaboration and support in issues of critical importance to our economic and national security interests; and
(3) commemorates the first bilateral exchange of Ambassadors in the history of our long relationship.

Otherwise…

  • The Washington Post’s editorialists tell trade opponents to stop ginning up reasons for opposing the U.S.-Colombia free trade agreement; there are productive avenues for addressing human rights concerns, but undermining Colombia’s economy is not one of them.
  • From AP: “WASHINGTON (AP) — The U.S. trade deficit fell to the lowest level in 28 months as a falling dollar spurred U.S. exports to an all-time high. The deficit with China jumped to the second highest level on record as imports of toys and other goods surged despite a rash of safety recalls….For September, sales of American-made cars, computers and farm products including corn, cotton, wheat and soybeans were all up.”
  • Thomson Financial: “WASHINGTON (Thomson Financial) – When US Treasury Secretary Henry Paulson travels to Africa next week, his goal is ‘to highlight investment opportunities that Africa presents,’ a senior Treasury official said today…Paulson will be visiting Ghana, South Africa and Tanzania.”
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