Economic Program | Policy Memo

Least In the East?

by Ed Gerwin

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To compete and win in lucrative Asia-Pacific markets, America has some serious networking to do.

In this policy memo, we find that America’s share of imports into 15 key East Asian economies plummeted by over 42% from 2000 to 2010. That’s a bigger drop in import share than any of our major trade competitors in the region–many of whom have gained significant business at our expense.

That’s why it’s vital that America forge new networks for our trade in the Asia-Pacific, beginning with market-opening trade deals like the TransPacific Partnership.

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