With 95% of the world's consumers living outside the United States, we have extraordinary opportunities to create growth and jobs through the expansion of international trade and investment.
4. REASON 3 | Trade Agreements Can Level the Playing Field
TARIFFS
Many countries slap tariffs on U.S. exports that are
ten or twenty times
as high as our own, and a web of non-tariff and regulatory
barriers overseas often shut out U.S. goods and services.
The expansion in trade spurred by U.S. FTAs sustains more than
5 million American jobs.
Trade agreements can tear down those barriers.
That’s why America’s 20 FTA partners
buy nearly half of U.S. exports
even though they represent just 10% of global GDP.
The U.S. has a trade surplus with its
20 FTA partners—in manufactures, services,
and agricultural products. If you’re worried about the trade
deficit, FTAs are the solution—not the problem.
5. REASON 4 | We Can Do More to Seize the Benefits of Trade
The U.S. has embarked on a bold new trade
agenda that includes:
• The Trans-Pacific Partnership, with 11 other Asia-Pacific nations;
• The Trans-Atlantic Trade and Investment Partnership,
with the European Union; and
• The Trade in Services Agreement, with more than
50 other countries.
6. REASON 5 | The U.S. Chamber Can Help!
The Chamber has over 70 international policy experts on staff, speaking
more than 20 languages. It is home to 25 country-specific business
councils and initiatives focusing on key markets such as Brazil, India, and
Korea. Our network also includes 116 American Chambers of Commerce
in 103 foreign countries. The Chamber has hosted more than 250 heads of
state and government over the past 20 years, including 14 in 2013, and
annually receives more than 75 minister-rank officials from abroad.
7. What did we miss?
Let us know!
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