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Bush Administration Submits Annual Trade Report to Congress

News release: “The Office of the U.S. Trade Representative (USTR) today announced the release of its 2008 National Trade Estimate Report (NTE). The NTE report describes significant barriers to U.S. trade and investment, as well as the actions taken by USTR to address those barriers. In 2007, USTR worked with four key trading partners on free trade agreements (FTAs) that will give U.S. goods and services significantly improved access to the markets of Peru, Colombia, Panama and South Korea. The vast majority of products from Peru, Colombia and Panama already have virtually duty-free access to the U.S. market under existing trade preference programs.”

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