From birthday parties to the Macy’s Thanksgiving Day parade, balloons are a staple when it comes to party decor and celebrations. But the world is running short on the critical element that makes them float: helium. With all of the uncertainty in the helium supply chain and so few sources available, pricing has been volatile and shortages over the last ten years have been common.
For the United States and the global economy, tourism and travel are the unsung heroes of the international trade story. Tourism brings 80 million visitors to the United States every year and accounts for 10 percent of all U.S. exports. Globally, tourism is the third-largest sector in international trade. Above all, tourism and travel promote trade in international understanding and global goodwill.
It’s midsummer, a milestone marked every year by baseball’s All-Star Game. No sport is more American than baseball. While we import much of the lower-cost equipment for amateur play, there’s a rich tradition of high-quality baseball equipment made in the U.S.A. that thrives alongside imports, demonstrating that trade enables a diverse marketplace that benefits us as consumers.
Music festivals cater to every taste in the world, drawing crowds of music fans who travel from the furthest reaches to hear their favorite artists. You don’t have to cross borders to get cross-border delivery of entertainment services. Coachella this year featured Korean girl group BLACKPINK, Colombian performer J Balvin, and French producer DJ Snake among the American performers.
Nearly 3 in 10 Americans have at least one tattoo. When someone gets “inked,” the pigment injected under the skin is most likely comprised of globally produced and traded mineral powders and the industrial chemical called carbon black.
If you haven’t been in a bookstore lately, now is the time to close up your laptop and seek out the Spring 2019 edition of Lapham’s Quarterly dedicated to the topic of trade. The journal takes you through time through the eyes of those who trade, from an Assyrian king to an American mink maker testifying last year on the impact of a tariff war with China.
Frida Kahlo helped make Mexican folk art famous. The artisan sector is now the second-largest employer in the developing world after agriculture, worth over $32 billion every year. International trade in artisan goods more than doubled between 2002 and 2012. Growing numbers of foundations, corporations, and banks view the artisan entrepreneur arena as an investable sector.
It’s on. Super Bowl Sunday approaches amidst a swirl of controversies over bad calls and “unfair competition” on the football field. We take no opinion on that here at TradeVistas. Instead, we bring you a trade showdown between the exporting profile of the metropolitan area where each team is located. Share the graphic and enjoy your guacamole that was probably made from Mexican avocados.
The popularity of American novels, textbooks, and scholarly works is driving efforts to translate and sell U.S.-published books in countries around the world. Digital publishing offers access to many more consumers beyond our borders. The main challenge to global expansion is the need to promote modern copyright regimes in the countries where publishers seek to sell more books
The Kardashians continually extend their dynasty, promoting their own products while recommending others on social media using Snapchat, Instagram, and Twitter. They’ve also created their own apps, in their own images, to push their own line of products. Love them or hate them, the Kardashians’ countless business ventures are stimulating both the global app economy — and the larger world economy.