Trade

This interview was originally broadcast in June, 2017.

In recent years, the powerful and at times unexpected impacts of globalization have sent shock waves through our country’s political, economic and social systems. The promise that open trade and investment would bring new jobs, economic growth and price stability has not materialized for many Americans, who have seen their standard of living stagnate or diminish. At the same time, there is widespread disagreement about what our country needs to do to more effectively compete in the current global marketplace.

Matt Guilhem / Boise State Public Radio

One of the United Kingdom’s top representatives in the United States passed through Boise recently. Andrew Whittaker is the U.K.’s Consul General in San Francisco. Headquartered in Northern California, he oversees consular affairs across seven states in the West.

I.gunawan / Flickr

Idaho is dispatching a trade mission to the Far East on November 10. Twenty-one organizations and businesses will have meetings in Taiwan and Vietnam over the course of the eight day trip.


This interview was originally broadcast in May, 2017.

The decades after World War II were a golden age when many people around the world enjoyed an increasingly good quality of life. But by the early 1970s, the good times had all but vanished as energy shortages, financial crises and rising unemployment shook economies in America and around the world.

Matt Northam / Flickr Creative Commons

A round of NAFTA trade talks wrapped up this week between the U.S., Mexico and Canada. One topic of discussion among the trading partners was dairy commodities. With the President’s harsh words on the decades old trade deal, dairymen in the state are nervously keeping an eye on negotiations.


Idaho Reps Oppose Trump Restrictions On Cuban Trade

Jun 16, 2017
Ramon Espinosa / AP

 

Friday, President Trump announced a rollback of some Obama-era policy initiatives between the United States and Cuba. Two Idaho State Representatives oppose the move.

Idaho Representatives Mat Erpelding and Luke Malek released a statement condemning the potential implications of further restrictions with Cuba.  

In the statement, they said the move would be “a missed opportunity for the country and a substantive blow to potentially lucrative markets here in Idaho.”

 

Adam Perkins / Flickr Creative Commons

The U.S. and China signed a trade deal Monday to open the Asian market to American beef. The Chinese market has been off-limits to American ranchers since 2003 after a mad cow disease scare.

Cameron Mulrony is with the Idaho Cattle Association, and says having exports to China is a big deal.  

“The Chinese is a growing market, it’s a large market," says Mulrony. "And those people are traveling and have the taste for U.S. beef so we’re hopefully optimistic that that in turn will give us a boost in our market.”

Jimmy Emerson / Flickr Creative Commons

After the United Kingdom voted last month to leave the European Union, the decision hammered world markets. The British pound fell to a 30-year low after the vote. The euro also faltered while the U.S. dollar strengthened. Having a higher valued dollar is not all bad, of course – especially if your summer includes European adventure plans and you want to save some cash on vacation.

For nearly a century, The Bassett Furniture Company was the center of life in the town of Bassett, Virginia, just as its wealthy namesake family was the foundation of the town’s prosperity. But that all changed in the 1980s, when cheaper Chinese products began flooding the American furniture market. The imports threatened the Bassett family legacy, as well as the livelihoods of hundreds of Virginians.

mcc.gov / Millennium Challenge Coporation

An Idaho engineer is on a federal trade mission in Africa right now, promoting U.S. companies and helping to bring electricity to people in Malawi and Tanzania. Hailey-based Power Engineers consults in a variety of engineering fields, including energy generation and delivery. Chris Garvin works out of the company's Meridian office, but he spoke to KBSX from Malawi this week. He says he’s no rookie when it comes to working in Africa.

Jessica Robinson / Northwest News Network

Gov. C.L. "Butch" Otter will lead a group of Idaho-based business leaders on a weeklong trade mission to Peru and Mexico next week.

The trip includes businesses ranging from producers of milk and potatoes to makers of boat docks and skin care products. The companies are aiming to increase exports to Central and South America.

The business leaders will also attend receptions with U.S. Ambassador to Peru Brian A. Nichols next Tuesday and U.S. Ambassador E. Anthony Wayne to Mexico next Thursday.

Micron, circuit boards
Micron Technology

Gov. C.L. "Butch" Otter is getting ready for a nine-day trade mission in Russia.

The Republican governor, his staff and Idaho business leaders will leave Boise Friday.

The trip caps a busy year of international travel for Otter, who has already made official visits to Vietnam, Taiwan and Korea.

Scott Ki / Boise State Public Radio

South Korean diplomats from their Embassy in Washington, D.C. visited the Idaho State Veterans Home in Boise Wednesday.  They honored Korean War veterans while in the Northwest to promote a free trade agreement between the U.S and Korea. 

Sixty years ago, U.S. servicemen and women battled communist Chinese and North Koreans in what’s been called the Forgotten War. The war is not officially over, but a somewhat stable peace has existed in the Korean peninsula since the nation was divided in the 1950s. 

USTR

Wednesday marks World Trade Day in Idaho.  Companies throughout the state sold nearly $6 billion worth of exports last year.   That’s about 10% of everything Idaho produces.  As part of the day’s events, Boise State hosts a top U.S. trade negotiator.  Ambassador Isi Siddiqui will highlight international trade and American jobs.   

Trade Mission To China Showcases Unexpected Idaho Businesses

Apr 17, 2012
Moxie Java

The most recent trade mission to China organized by the state Department of Commerce and headlined by Gov. C.L. “Butch” Otter is underway this week.

Computer and electronic products make up the lion’s share of Idaho’s exports to China, but that sector isn’t represented in the lineup of 15 Idaho companies working to explore and strengthen trade ties.

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