WTD International Trade News of the Week – Pick of the Litter Series, vol. # 2

Well, this week’s Pick of the Litter had less pedigrees to choose from. In general, Department of Commerce News was dominated by Secretary Locke’s South Korea excursion. There a new Tariff Trade Tool that looked interesting. Yet another site offering “trade leads”… yawn. Maybe you have  some cool articles you think our readers would be interested in… If so, please send them. Anyway, what I could find of  import are listed below:

New Online Free Trade Agreement Tariff Tool Will Help Small Businesses Take Advantage of Export Opportunities Recent article on U.S. Census Bureau’s Blog, Global Reach. You should bookmark this site.

From Global Edge: A New Tool for Small Businesses with Global Goals:
“Over a quarter million small businesses in the United States export their products and services to other countries around the world. By doing so these businesses increase their revenues, broaden and diversify their customer base, and provide jobs for their local communities. The United States has set a goal to double exports by 2014…”

From Global Reach (U.S. Census Blog) Featured Video: A Quick Guide to the Foreign Trade Regulations. (taken from a series of Export Videos produced jointly by the U.S. Census Bureau and International Trade Administration of the U.S. Department of Commerce) If you can stay awake for 6 minutes, it might be worth it.

A New Journal for Export Control Professionals was just announced on the Customs & International Trade Law Blog. Find out more by reading the article by Peter Quinter, Partner. The April 2011 publication contains the article entitled Good Practice: Responding to an OFAC Administrative Subpoena” (available only upon request).

How To Find Suppliers And Manufacturers Using The Internet New post listed on Blogspot that attests, “THIS INTERNATIONAL BUSINESS BLOG WILL PUBLISH NEW IMPORTERS AND EXPORTERS TRADE LEADS THAT ARE RECEIVED AT OUR IMPORTEXPORTHELP.COM IMPORT EXPORT BUSINESS HELP CENTER WEB SITE.” Good luck with that. My experience with every trade lead site that I have ever seen is that they are almost always useless despite good intentions. The U.S. government spent many millions of dollars several years ago doing a joint venture with IBM, that proves the point.

The “Journal of Commerce” seems to have some good articles but they are locked up in the vault and only accessible to paid subscribers. 😦

Secretary Locke and Congressional Delegation Conclude Productive South Korea Meetings It’s a good thing to make new friends. I wonder though, did he like the food?

Trading with South Korea There was a lot of press on Secretary Locke’s trip to South Korea. I’m just grabbing two. There’s lots more on the Commerce blog site, if you’re interested. It would be a good Blog site to bookmark anyway.

Census Bureau Reports the Number of Asian-Owned Businesses Increased at More Than Twice the National Rate Well, that’s kind of interesting. I guess that’s a reverse export of sorts.

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