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Losing Out on Trade

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February 8, 2011

Investor’s Business Daily

[A] new report from Congress shows U.S. firms losing major ground to competitors because [the Administration] won't act on free trade pacts with Colombia and Panama…Colombia is the third-biggest market for U.S. products in the hemisphere after Brazil and Mexico, and that losing it will cost the U.S. jobs and influence…The Senate report shows that the cost to American businesses is growing as trading partners like Colombia and Panama move ahead without us.