Froman Lauds Export Figures, Presses TPP, TTIP to Boost Exports
The Obama administration will continue to push the Trans-Pacific Partnership and the Transatlantic Trade and Investment Partnership in order to boost exports and fuel economic growth, said U.S. Trade Representative Michael Froman on Feb. 12. Froman applauded Commerce Department statistics…
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released on Feb. 11 that said more than half of U.S. states grew exports in 2013 (see 14021115). “California, whose largest export market was Mexico, saw its exports climb by over $6 billion to $168.1 billion last year,” said Froman in a release. “Washington State, selling products ranging from transportation equipment to computers and electronics, saw their exports increase by over $6 billion to $81.9 billion. South Carolina sold nearly $1 billion more in goods and services to the world, exporting a total of $26.1 billion in 2013. In the Northeast, Connecticut broke their previous record with a total of $16.5 billion in exports. And Colorado’s exports increased by over $500,000 to $8.7 billion.”