Andres Oppenheimer
Here's something that should be sounding alarm bells in
While U.S. exports to the region are growing, in some cases significantly, their percentage of
Consider the latest figures from the World Trade Atlas, which lists official figures submitted by each country:
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-- In
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-- In
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Part of the decline is because Latin American countries are buying increasingly more goods from each other and from
According to the World Trade Atlas figures,
At first sight, these figures don't bode well for President
But Obama administration officials note that the picture is much brighter for
First, U.S. exports to the region are rising fast. Over the past decade, U.S. exports to
Second, U.S. exports don't compete with
Third, when developing countries grow, they create bigger middle classes that typically increase imports of
U.S. Under-Secretary of Commerce
"We haven't lost market share in those products which we are selling there. Our exports to
And that's likely to continue, Sanchez said. The Obama administration is stepping up trade missions to
My opinion: If the Obama administration wants to double U.S. goods abroad, it will have to open new U.S. markets. So far, it hasn't done much on that front.
It has yet to get
Available at Amazon.com:
At War with the Weather: Managing Large-Scale Risks in a New Era of Catastrophes
- Widening Divide in American-Chinese Commercial Interests
- The New Old World Order
- Global Human-Rights Cause Gets a Shot in the Arm
- Obama's Foreign Policy Performance
- New Russia Takes Root in Saint Petersburg and Moscow
- Dismantling Worst-Case Proliferation Scenarios
- A Numbers Game in the Middle East
- Middle East Peace Talks: Here We Go Again
- Obama and Clinton Revive Middle East Peace Talks
- Guess Who's Coming to the Table
- Iraq: Unanswered Policy Questions on U.S. Troops
- Iraq: Implications of a Pointless War
- Iraq: Book Review
- Iraq: No Drums and No Bugles: None Dare Call It Victory
- Pakistan's Leadership Sustains Flood Damage
- A French Leftist Ritual Takes on Sarkozy
- United States Losing Latin America Market Share
- The Power of Being Multilingual
- Chavez's Obsession With Past Turns Creepy and He's Not Alone
- Obama Could Help Stop Mexico's Bloodshed
- Mexico Needs U.S. Help But Not Troops
- Mexico's Narco Problems Are Our Problems, and Vice Versa
- Pro-Arizona Immigration Rhetoric Will Haunt Republicans
- We Are Playing Fidel Castro's Game
- Has the Time Come to Legalize Drugs?
- Venezuela - Colombia Spat to Pass, Return
- Hugo Chavez Might Keep Congress Despite Vote
- Reform Movement in Cuba
- Cuba's Prisoner Release No Sign of New Era
- 'Maradona Syndrome' Bad for Argentina
- Obama Wasting Opportunities in Latin America
- Obama Immigration Speech All Words -- No Action
- Obama Immigration Reform: Tell It to Us Straight
- Obama's Unclear Path to Immigration Reform
- Obama's Border Talk: Little Action
- Mexico: The New Cocaine Cowboys
- Under Santos Colombia Could Rise to the Next Level
- Autocrats' Latest Weapon: Indirect Censorship
- Latin America's Rich Should Be More Generous
- Castrocare in Crisis
- World Cup Soccer Can Have Political Impact
- Gulf Oil Spill Could Bring U.S. and Cuba Closer
- Colombia Vote Showed Social Media's Limits
- New Political Winds in Latin America
- Colombia: Moving Beyond 'Narco-Democracy'
- Is Colombia's Front-runner Too Romantic? Not Really
- Mexico has its own 'Arizona' problem
- Brazil Diplomacy Needed Closer to Home
- Hugo Chavez Ceding too Much Control to Cuba
- Cuban Cardinal Says Too Little Too Late
- The Starving Armenians
- Arizona's Anti-Immigrant Law Will Spark Hispanic Exodus
- Open Season on Latinos in Arizona
- Obama Criticism of Arizona Immigration Law Ignores Federal Incompetence
- Mexico's Big Hope: Get 5 Million U.S. Retirees
- U.S. Latin Policy: Big Gestures and Little Substance
- Latin America Must Diversify Trade With China
- Cuba After Fidel and Raul Castro
- Earthquake May Delay Chile's First World Goal
(C) 2010 Andres Oppenheimer