A Plug for the Obama Administration’s Support for Exports

By October 4, 2009Trade

We cited below Tom Walsh’s column in today’s Detroit Free Press, U.S. needs to boost its exports,” and very much appreciate his examination of the issue. Walsh also touches bases with the NAM’s top trade policy person:

Frank Vargo, NAM’s vice president of international economic affairs, freely praises the approach of the new Democratic administration of Barack Obama to export issues so far.

“I worked in the Commerce Department for 30 years under 18 different Commerce secretaries,” Vargo told me, “and I’ve seen more interest in exporting on the part of this administration than in a long time.

“They really get it. They don’t have a concrete plan or strategy in place yet, but they get the importance.”

UPDATE (11:10 a.m.): U.S. Trade Representative Ron Kirk is scheduled to hold a news conference at 11:45 a.m. Monday to unveil efforts to boost trade by small- and medium-sized U.S. firms. And on Tuesday, a Senate Commerce subcommittee holds a hearing, “A World of Opportunity: Promoting Export Success for Small and Medium-Sized Businesses.”

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