Forty percent of American marriage proposals happen between Thanksgiving and Valentine’s Day. Nothing is more synonymous with an engagement than a sparkling diamond ring. Happy couples have international trade to thank for their symbol of commitment: the United States imports 99 percent of its gemstones from other countries.
One group of supporters — Millennials — may shape public sentiment and policy about the topic in surprising ways.
Changes are underway which could substantially diminish the relevance of export-led development strategies for countries in East Asia.
Americans may be among the world’s most prodigious consumer of turkeys, but turkeys have become an increasingly popular holiday food in Mexico. Ninety percent of the turkeys at those Mexican fiestas will have come from American farms – in part thanks to NAFTA.
A whopping 20 percent of the nearly 400 million pounds of cranberries we consume per year are eaten during Thanksgiving week alone. It’s a logical growth strategy to share our love of cranberries with global eaters year-round, but without a trade agreement with our largest markets, we could lose out to growers from other countries.
“Dual enrollment” programs – where students attend both high school and college – are gaining in popularity as college costs soar. It’s a trend that deserves to be embraced and expanded.
Great companies know that their employees are their most valuable asset. That’s why they compete to attract the best talent. For companies hiring workers in the United States, that talent pool is comprised of both native-born Americans – and immigrants. We are lucky because the United States has always attracted top talent from around the world.
The global production of goods can be charted by each stage at which activity occurs and value is added. The great news is that Americans excel at the activities on the production curve that require the most creativity and know-how, and that generate the most profit.
The U.S. Congress is set to consider the first major reform of the U.S. tax code in decades. The proposed Tax Cuts and Jobs Act released on November 2 by House Speaker Paul Ryan (R-WI) and House Ways and Means Committee Republican Members features significant changes to the way U.S. corporations are taxed and carries implications for how they compete around the world.