Washington DC -May 12- The March trade gap widened to $40.4 billion from a slightly revised deficit of $39.4 billion in February. Imports and exports jumped 3.1 percent and 3.2 percent respectively.

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Washington DC -May 11- Senate Foreign Relations Committee Chairman John Kerry (D-MA) and Ranking Member Dick Lugar (R-IN) today sent a letter to the Administration calling for the timely resolution of outstanding issues related to the U.S.- South Korean trade agreement.

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Washington DC -May 4- Wheat growers and other agricultural producers are in Washington this week to again emphasize to Administration and Hill leaders how vital it is to finalize pending free trade agreements with Colombia, Panama and South Korea.

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Washington DC -May 3- The Securities and Exchange Commission today announced the start of an approximately $113.5 million Fair Fund distribution resulting from the settlement of a previous SEC enforcement action against Royal Dutch Petroleum Company and The “Shell” Transport and Trading Company, PLC.

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Washington DC -April 27- The 41 Republican senators who signed on to a letter opposing the financial reform package have received 25 percent more in campaign contributions, on average, from Wall Street interests than their Democratic colleagues, according to analysis of campaign finance data by Common Cause, Public Campaign and Public Citizen.

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Washington DC -April 27- The U.S. Department of the Treasury today announced the next steps in its plan to sell approximately 7.7 billion shares of Citigroup common stock.

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Washington DC –April 26- Congressman Spencer Bachus (AL-6) Spencer Bachus today released the following statement regarding the Securities and Exchange Commission (SEC) Inspector General’s report detailing numerous instances of SEC employees using government computers and time to view pornography.

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Washington DC -April 16- A U.S. Department of Commerce report confirms the importance of exports to the U.S. economy and the increasingly globalized marketplace. According to Exports Support American Jobs, in 2008, exports accounted for a record 12.7 percent of U.S. gross domestic product (GDP), and during a period of relatively flat job growth across the economy, supported a record number of jobs—More than 10 million.

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Washington DC - April 14 - The U.S. Import Price Index rose 0.7 percent in March, the U.S. Bureau of Labor Statistics reported. The increase was attributable to higher prices for both fuel and nonfuel imports and followed a 0.2 percent decline in February.

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Washington DC - April 13 - Total February exports of $143.2 billion and imports of $182.9 billion resulted in a goods and services deficit of $39.7 billion, up from $37.0 billion in January, revised.

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Washington DC - April 12 - The National Foreign Trade Council (NFTC) sent a letter  to U.S. Department of Agriculture Secretary Tom Vilsack, urging him to increase the sugar import quota immediately to alleviate the cost burden on consumers and industrial users.

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Washington DC - April 12 - The U.S. Cattlemen’s Association (USCA) says a negotiated settlement with Brazil over the cotton dispute compromises the U.S. cattle industry and risks the introduction of animal disease into the U.S.

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Washington DC - April 12 - The U.S. International Trade Commission (USITC) has voted to conduct full five-year (”sunset”) reviews concerning the antidumping duty orders on frozen warmwater shrimp from Brazil, China, India, Thailand, and Vietnam.

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Washington DC - April 9 - Total inventories of merchant wholesalers were $393.5 billion at the end of February, up 0.6 percent from the revised January level, but were down 7.4 percent from a year ago.

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Washington DC - April 8 - Agriculture Secretary Tom Vilsack helped commemorate the 50th anniversary of a 1959 “hog lift” in which Iowa farmers sent 36 hogs to Yamanashi Prefecture after Japan suffered major livestock losses caused by two destructive typhoons.

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