China, India, Brazil, Exports, Compliance

By April 12, 2010General, Trade

The Commerce Department’s top trade official, Francisco Sanchez, got right down to work after receiving a recess appointment by President Obama. From Reuters, “U.S. sees China, India, Brazil key to export growth“:

WASHINGTON (Reuters) – The U.S. government will encourage China, India, Brazil and other fast-growing markets to buy more American goods as part of its bid to double exports in five years, a top trade official said on Wednesday.

“That’s where the money is and that’s where we need to focus,” Commerce Under Secretary for International Trade Francisco Sanchez told reporters, noting that 95 percent of the world’s consumers live outside the United States.

Also Reuters, “US eyes options in ‘zeroing’ spat with EU, others“:

WASHINGTON, April 7 (Reuters) – The United States is trying to find a way to comply with a World Trade Organization ruling against its anti-dumping procedures without damaging its ability to curb unfairly traded imports, a top U.S. trade official said on Wednesday.

“We’re trying to strike the right balance between being WTO compliant, but still making sure our trade law remedies are not damaged in the process. That’s not an easy path to maneuver,” Commerce Under Secretary for International Trade Francisco Sanchez told reporters.

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