Leading the way in November were food, grains and beverages exports, most notably soybeans, which increased $979 million, compared with October. Two big railroads--Union Pacific Corp. and Burlington Northern Santa Fe Corp.--flagged the upswing in soybeans in their latest results. Burlington Northern said Friday that although revenue from agriculture products was down 2% versus a year ago, volumes improved, "primarily driven by strong soybean exports."
The U.S. export to China ranges from jumbo jet to farm produce. However, high-tech exports are banned. The U.S. government intensified restrictive measures in 2007, according to Chen. Chen said the U.S. restrictive measures were not fair for the U.S. exporters, producers and consumers, notably against the background that President Obama pledged to double U.S. exports in five years to sort out unemployment.
Chen said the U.S. restrictive measures were not fair for the U.S. exporters, producers and consumers, notably against the background that President Obama pledged to double U.S. exports in five years to sort out unemployment.
