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Blog Category: Exports

Opening Day of the 2010 US-China Legal Exchange in Hangzhou, China

Alternate TextOn Monday, October 18, 2010, General Counsel Cameron Kerry and Vice Minister Chong Quan opened the 2010 US-China Legal Exchange in Hangzhou, China. The General Counsel and Vice Minister emphasized the importance of a frank and open exchange of ideas; the opening day certainly met that standard.

Courtney Gregoire, Director, National Export Initiative, International Trade Administration, offered a presentation on the Commerce-led National Export Initiative. John McInereny, Chief Counsel, Import Administration and Albert Hsu, Chief Economist, Import Administration, offered several presentations on the procedures and application of US Anti-Dumping and Countervailing Duty (CVD) law. The Chinese delegation offered comments and posed poignant questions.

In addition to an extremely productive Legal Exchange, General Counsel Kerry was warmly welcomed at Zhejiang University where he addressed and interacted with a group of law students and professors.

Tomorrow, the US delegation moves on to Wuhan for the second stop on the Legal Exchange before concluding in Chengdu on Friday, October 22, 2010.

The US-China Legal Exchange is a cooperative program between the Department of Commerce and China's Ministry of Commerce focused on enhancing commercial rule of law and promoting a stronger bilateral commercial relationship conducive to increasing exports

Statement from Secretary Locke on August 2010 U.S. International Trade

U.S. Commerce Secretary Gary Locke issued the following statement on the release of the August 2010 U.S. International Trade in Goods and Services report by the Commerce Department’s U.S. Census Bureau and the U.S. Bureau of Economic Analysis. Today’s report showed that U.S. exports in August 2010 increased by 0.2 percent to $153.9 billion from their July 2010 level. Imports in August increased 2.1 percent over July to $200.2 billion. U.S. exports so far in 2010 are up nearly 18 percent compared to the same period last year.  Report  |  Statement  |  Fact sheet

Secretary Locke and USTR Ambassador Kirk Travel to Memphis to Discuss Exports and the Economy

Secretary Locke shaking a Fed Ex worker's hand

Locke, Kirk joined by FedEx officials and local businesses to highlight President Obama’s National Export Initiative

U.S. Commerce Secretary Gary Locke and U.S. Trade Representative (USTR) Ron Kirk are visiting the Memphis, Tenn. area this week to meet with local businesses and discuss the opportunities and challenges of exporting. Locke and Kirk toured the FedEx Express Super Hub on Tuesday night where each day, millions of packages are moved through the hub to reach over 220 countries and territories around the world.  They also held a rountable discussion on exports and the economy with small- and medium-sized businesses today to discuss President Obama’s National Export Initiative (NEI) and how it can help U.S. companies sell more of their goods and services overseas and support the creation of American jobs.

The NEI aims to double U.S. exports over the next five years while supporting two million American jobs. It will provide more funding, more focus and more Cabinet-level coordination to grow U.S. exports, and represents the first time the United States will have a government-wide export-promotion strategy with focused attention from the president and his Cabinet.  Remarks

Secretary Locke Announces Grants to Boost Exports and Promote U.S. Competitiveness

Export GrantsToday U.S. Commerce Secretary Gary Locke announced more than $1.7 million in grants to support projects that increase U.S. exports, create jobs and strengthen our global competitive edge.  The grants will be awarded to five non-profit industry organizations and are expected to generate $265 million in U.S. exports. 

These awards are part of Commerce’s Market Development Cooperator Program (MDCP), which includes financial and technical assistance from the International Trade Administration to support business plans that help increase exports and U.S. competitiveness within certain industries. Projects receiving funding include efforts to increase exports among small manufacturers of water treatment equipment and independent film makers.

“These funds will help U.S. firms compete globally so they can sell more of their goods and services abroad and create jobs here in the U.S.,” Locke said. “The [Market Development Cooperator Program] is a good example of how public-private sector partnerships can leverage limited public resources to help small- and medium-sized businesses expand their exports to compete in the global marketplace.” 

These cooperative agreements help to further President Obama’s National Export Initiative, which aims to double U.S. exports within the next five years in support of several million U.S. jobs.

See the five recipients of the 2010 Market Development Cooperator Program awards.

Learn more about the Market Development Cooperator Program.  |  Release

Secretary Locke Delivers Keynote Address on the Economy at 128th Meeting of Greater Seattle Chamber of Commerce

Alternate TextU.S. Commerce Secretary Gary Locke was in Seattle today speaking with small- and medium-sized businesses about exports and the economy. Afterwards he delivered the keynote address at the annual meeting of the Greater Seattle Chamber of Commerce.

Secretary Locke discussed the progress made and the next steps for President Obama's National Export Initiative (NEI). He also addressed how it is helping to lay the groundwork for sustainable economic growth in Washington state, the nation's most trade-dependent state, and across the country. His remarks today are only one day after he and his colleagues on the Export Promotion Cabinet delivered a detailed report to the president laying out recommendations for how to double U.S. exports.

“Yesterday, at the president’s newly-constituted Export Council – chaired by Jim McNerny, CEO of Boeing – we announced that our renewed focus on trade promotion has contributed to an 18 percent increase in U.S. exports so far in 2010 over the same period last year.

  • U.S. exports of manufactured goods so far in 2010 have risen by 22 percent. U.S. agricultural exports this year are projected to be the second-highest amount ever, with a trade surplus of $30 billion.

These increases are having an impact on the economy: Exports contributed to GDP growth for just as much as domestic consumption in each of the four quarters of recovery."

Exports growth is also impacting employment. Since January, Commerce’s Advocacy Center, in close coordination with the State Department and other agencies, has helped U.S. companies successfully compete for contracts with foreign governments supporting an estimated $11.8 billion in U.S. content. These deals alone support an estimated 70,000 jobs. “

Learn more about the National Export Initiative and read Secretary Locke’s complete remarks.  |  Press release  |  NEI website

White House Releases Report on National Export Initiative

President with members of PECToday the White House released a report to the president on the National Export Initiative (NEI). It detailed the way the Export Promotion Cabinet plans to meet the president’s goal of doubling U.S. exports in five years to support millions of new jobs.

Since the president announced the NEI, the Department of Commerce’s Advocacy Center has assisted American companies competing for export opportunities, supporting $11.8 billion in U.S. exports and an estimated 70,000 jobs. To date, the Commerce Department has coordinated 20 trade missions with over 250 U.S. companies to 25 countries.

Expanding into new markets is key for America’s growth as Commerce Secretary Gary Locke said today, “As American consumers spend a little less and save a little more, it has never been more important to connect U.S. businesses to the 95 percent of the world's consumers who live outside our borders. Helping American companies sell more abroad will create jobs and boost our economy. This report is a blueprint for doing just that.” 

For more information, read the complete NEI report, the executive summary and the press release.  See  the International Trade Administration's NEI website.  |  NEI meeting video

Secretary Locke Speaks at the Virginia Summit on Export Opportunities

U.S. Commerce Secretary Gary Locke - joined by Senator Mark Warner and Export-Import Bank President Fred P. Hochberg - today delivered the keynote address at the Virginia Summit on Export Opportunities in Richmond. Locke highlighted President Obama's National Export Initiative (NEI) and gave an update on the NEI, and its goal of doubling exports and supporting several million jobs over the next five years.

The Summit focused on ways in which the federal government can coordinate with local government and private-sector partners to promote trade and export opportunities in Virginia. In 2009, Virginia companies exported more than $15 billion of merchandise overseas, up from $2.8 billion in 2005. 18.1 percent of manufacturing jobs in Virginia depend on exports.

President Obama announced the NEI during his State of the Union earlier this year. The NEI will provide more funding, more focus and more cabinet-level coordination to grow U.S. exports, and represents the first time the United States will have a government-wide export-promotion strategy with focused attention from the president and his cabinet. NEI site: http://export.gov

Exports remain an integral part of the U.S. economy. In 2008, American exports accounted for nearly 7 percent of our total employment and one in three manufacturing jobs. In the first four months of 2010, exports grew almost 17 percent compared to the same period last year.  Remarks

Secretary Locke Visits Louisville to Highlight Partnership Designed to Boost U.S. Exports

Locke discusses Commerce resources available to U.S. companies to help grow business and create jobs

Secretary Locke at Podium with UPS OfficialsToday Secretary Locke visited the UPS Global Operations Center in Louisville, Ky., to highlight opportunities for local Kentucky businesses to sell their goods and services abroad and support job creation in their community. Locke toured the facility and held a discussion with local business owners on how the Commerce Department can help them grow their businesses and create jobs. Expanding on an existing partnership, UPS has joined with the Commerce Department to identify new markets for current exporters and potential candidates to expand their exports with the help of Department resources through the New Market Exporter Initiative.

Commerce’s partnership with UPS is one way the Department is working to achieve the goals of President Obama’s National Export Initiative (NEI), which aims to double U.S. exports over the next five years in support of 2 million American jobs. Since the president announced the NEI, the Department of Commerce’s Advocacy Center has assisted American companies competing for export opportunities, supporting $11.4 billion in exports and an estimated 70,000 jobs. The Department’s commercial service officers stationed around the world have helped more than 2,000 companies generate $3.8 billion worth of exports. To date, the Commerce Department has coordinated 18 trade missions with over 160 companies to 24 countries.

Joining Locke at for the discussion were Larry Hayes, Secretary of the Kentucky Cabinet for Economic Development, Scott Casey, Vice President of Legal & Public Affairs for UPS, and Jerry Plappert, Vice President of Corporate Development for CECO Environmental and Chair of the Kentucky District Export Council. | Read more | Remarks

Commerce Secretary Locke, Postmaster General Potter Launch New Initiative to Boost U.S. Exports

Locke and Potter shaking handsResponding to President Obama’s call to double exports in the next five years, U.S. Commerce Secretary Gary Locke and U.S. Postmaster General John Potter announced the launch of a new initiative between the Commerce Department and the United States Postal Service (USPS) that will help boost U.S. exports. The New Market Exporter Initiative (NMEI) will identify current USPS customers who are exporting their goods and services abroad, and help expand their reach to additional international markets. The announcement expands a strategic partnership formed in 2008 between the two entities.   Read more

Secretary Locke Joins President Obama to Announce Members of the President’s Export Council, Provide Progress Report on National Export Initiative

U.S. Secretary of Commerce Gary Locke joined President Barack Obama and Jim McNerney – chairman, president & CEO of The Boeing Company and chair of the President’s Export Council - today at the White House to announce members of the President’s Export Council. During his speech, the president provided a progress report on the National Export Initiative (NEI), which shows that the president’s goal of doubling exports and supporting several million new jobs over five years is on track, and that exports in the first four months of 2010 grew almost 17 percent from the same period last year. While introducing the president, Locke said that

“we must reinvest in innovation and do a better job of connecting U.S. companies with the 95 percent of the world’s consumers who live outside our borders. That’s where the National Export Initiative comes in. It’s an unprecedented government-wide effort to help double American exports by 2015, and it was designed with one overriding goal in mind: To put Americans back to work in jobs that provide security, dignity and a sense of hope for the future.”  

The president also announced new members of the President’s Export Council (PEC), a group that includes business and labor leaders who offer advice and expertise on how best to promote exports, congressional leaders and senior representatives of the administration.  President’s remarks  |  White House blog