[Mojave]

U.S. manufacturing exports to Panama

Yeah, that should jump start our economy.

[1rudeboy]

"U.S. goods exports to Panama year-to-date through September 2008 amount to $3.9 billion, up 47.9 percent from the same period of 2007. Among the largest categories of U.S. exports to Panama in 2007 were mineral fuels, machinery, and electrical machinery."
U.S. Deptartment of Commerce.

[calcowgirl]

Opposition may stem from banking Panama secrecy practices and allegations of money laundering, an nothing to do with “free trade”. AIG suing the government for $300 million for tax rebates from its tax havens (including Panama) came at an inopportune time for those pushing the Panamanian FTA.

[1rudeboy]

One other thing: let’s figure that U.S. goods exports to Panama have fallen by 50% due to the recent downturn (not an unreasonable amount to assume). We’re still talking about $2 billion of goods . . . .