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Aquarium Fish Imports Often Misreported, Says NOAA-Funded Study
May 22, 2012 by Mike Feazel|Commerce Dept.

Aquarium tropical fish imports to the U.S. are often misreported, according to a new NOAA-funded study. The study found 1,802 species imported, or 22 percent higher biodiversity than previously estimated. But the more than 11 million fish imported from 40 countries was less than previously reported because many freshwater fish and marine invertebrates were being mistakenly counted as marine fish, it said. It also said more than half of government importation forms during that time had numerical or other reporting discrepancies, resulting in a 27 percent overestimation of trade volume.

President's Export Council to Meet June 6, Discuss NEI & Export Promotion
May 17, 2012 by Brian Feito|Commerce Dept.

The President’s Export Council will hold an open meeting on June 6, 2012, at 9:30 a.m. to discuss topics and provide recommendations related to the National Export Initiative and export promotion. The meeting will be available via live webcast on the internet at http://whitehouse.gov/live. The public is invited to submit written statements to the President's Export Council by close of business on May 25.

ITA Announces Export Promotion Partnerships with 12 AmChams in Latin America
May 16, 2012 by Brian Feito|Commerce Dept.

The International Trade Administration joined leaders from 11 American Chambers of Commerce (AmChams) in Latin America to announce new partnerships under the ITA’s Global Buyers Initiative. Formal memorandums of understanding were signed during a ceremony at the annual Association of American Chambers of Commerce in Latin America (AACCLA) Conference. According to the ITA, through the Global Buyers Initiative a U.S. company identifies potential buyers of U.S. goods and services, and then refers them to the ITA's commercial posts overseas, where ITA staff works to connect the buyers with American companies who can meet their needs. The ITA said the pilot program has been a success, so it's expanding it through this agreement.

U.S. Solar Cell Coalition Opposes New Import Tariffs on Chinese Solar Cells
May 15, 2012 by Mike Feazel|Commerce Dept.

"The vast majority of the American solar industry opposes" the SolarWorld campaign to impose antidumping and countervailing duties on imported Chinese solar cells, said Jigar Shah, president of the Coalition for Affordable Solar Energy in a press statement. The coalition said it's awaiting the International Trade Administration's decision on the tariffs.

Related-Party Trade Fell to 40.5% of Total Trade in 2011
May 14, 2012 by Brian Feito|Commerce Dept.

Related-party trade accounted for 40.5% of total goods trade in 2011, according to a report by the Census Bureau, an absolute increase of 14.6% but a relative decrease from 40.8% to 40.5% as a percentage of total trade. Census said related-party trade accounted for about 48.3% of consumption imports and about 28.9% of total exports. Related-party trade includes trade by U.S. companies with their subsidiaries abroad as well as trade by U.S. subsidiaries of foreign companies with their parent companies.Computer and electronic products, transportation equipment, and chemicals were the top three goods categories for both directions of trade.