Allen Gina Provides Keynote Remarks at New York/New Jersey Foreign Freight Forwarders and Brokers Association 100th Anniversary Gala
February 2nd, 2017
CT Strategies Partner, Allen Gina, was recently invited to address approximately 700 members of the New York/New Jersey trade community at their Association’s 100th Anniversary Gala. His remarks touched on the importance of continued collaboration between the public and private sector in further strengthening the security and efficiency of the supply chain. He also noted the critical knowledge the trade industry provides to U.S. Customs and other agencies regarding the continually evolving global trade landscape. Furthermore, in the midst of debate on the merits of international trade, now has become a particularly important time to educate the general public on the complexities of the global value chain.
The labels “Made in America” vs. “Made in Foreign Country X” often cannot be applied in simple black and white terms. The global economy is much more intertwined. A 2011 study cited that Mexican manufactured goods contained 40% of U.S. value added, while Canadian goods have 25% U.S. value added. While current U.S. Free Trade Agreements may not be perfect, it is important that the debate over their future be had with an understanding of these complexities in the global economy.