Issues / Labor, Trade, & Finance
Washingtons increasing focus on promoting international investment and trade is evident in the smorgasbord of assistance offered to U.S. exporters.
In the immigration debate, free marketers square off against cultural conservatives on the right side of the political spectrum; while on the left, civil rights and ethnic advocacy groups oppose environmentalists and job protectionists.
Close trade and security ties bind the U.S. and Japan in a web of interdependence.
As the country in the Asian Pacific Economic Cooperation forum (APEC) that leads the effort to seek rapid tariffs reductions, Indonesia is the darling of U.S. export industries.
The Asia/Pacific region is the geopolitical center of the struggle for world power.
The North American Free Trade Agreement (NAFTA) sets guidelines for the elimination of most trade and investment barriers between Canada, the U.S., and Mexico over a 15-year period.
Since the early 1980s Washington has sought to break down all barriers to U.S. trade and investment in Mexico.
The Overseas Private Investment Corporation (OPIC), a wholly owned government corporation established in 1971, provides taxpayer-backed and taxpayer-funded loans, loan guarantees, and insurance to businesses for investments in politically risky countries.
Today, member countries number 125 (nearly the whole world except China, some former communist countries, and a number of small nations) and WTO rules apply to over 90 percent of international trade.
For 20 years the gap has been widening between the level of economic development in Africa and every other area of the world.