US Trade Flows Began to Revive in 2009: Report

Law360, New York (July 22, 2010, 3:37 PM EDT) -- Following steep declines sparked by the financial crisis, U.S. trade flows are slowly beginning to recover as the global economy starts to improve, a report from the U.S. International Trade Commission shows.

The financial downturn reduced both U.S. demand for imports and foreign demand for U.S. exports through the beginning of 2009, although demand for U.S. exports declined less than U.S. demand for imports, according to a review of 2009 trade-related activities the ITC released Thursday.

Still, while U.S. imports and exports began to steadily rise...
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