It looks like Obama and house Republicans have struck a deal to reinstate benefits for workers who lose jobs to foreign competition which was the major obstacle to passing the pending agreements with South Korea, Columbia and Panama. Obama needs to see this through as he continues efforts to double US exports by 2014. The lenders are already stepping in and putting money into the import export sectors around the US including South Florida. The timing is good as Panama is on track to complete the canal expansion and all of this plays into continued growth for our country.
USA – Panama Trade Agreement One Step Closer
News from Panama / Wednesday, June 29th, 2011