The Hill News

Efforts to foster robust economic growth in the U.S. quite simply cannot be solely focused inward; instead, they require a competitive export economy.

According to the Administration, if we increased exports by just five percent, we would create hundreds of thousands of new U.S. jobs. In fact, the Administration set itself a much higher goal in its National Export Initiative (NEI), proposing to double U.S. exports and create 2 million new jobs by 2015. To accomplish this goal, policymakers must take into consideration the myriad ways in which U.S. trade policy can help to promote the ability of export-generating industries, such as the innovative biopharmaceutical sector, to meet the Administration’s challenge. 

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