Trade Imperatives for American Manufacturers
U.S. industrial production has risen by two-thirds in the past 30 years. Manufacturing has bounced back from the pandemic recession and today employs 12.6 million Americans, with average earnings topping $30 per hour.
The world is charging ahead in pursuit of new market-opening trade agreements, but in recent years Washington policymakers have been sitting on the sidelines. Here is why America must lead on trade.
As other nations race to achieve their own market-opening trade deals, the United States cannot be left behind. The U.S. Chamber is dedicated to pursuing new trade and investment agreements that uphold and improve our standard of living and our standing in the world. Trade agreements must establish high standards, protect American innovation, and be fully enforceable.
India and Africa offer relatively untapped markets and unique trade opportunities for U.S. businesses.
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[This is part of an ongoing series entitled “Modernizing NAFTA,” which examines the importance of modernizing the North American Free Trade Agreement (NAFTA) and it's critical impact on jobs, economic prosperity, and trade.
Many small businesses across the country have benefited – and continue to benefit – greatly from NAFTA.
Twenty-five years ago this week, negotiations for the North American Free Trade Agreement (NAFTA) were concluded.
Negotiators from the United States, Mexico, and Canada will begin Wednesday the formal process of modernizing one of the world’s most important trade pacts. By updating the North American Free Trade Agreement (NAFTA), they have the opportunity to spur a new era of growth that promises substantial benefits for American businesses, workers, and consumers.
A successfully modernized trade agreement will mean more opportunities for American companies, farmers, ranchers, and workers.
The Texas company makes and sells agricultural and forestry firefighting airplanes to 20 countries, including Canada, Australia, and Chile.
“Oh, say can you see” the benefits of trade.
14 million American jobs depend on trade with Canada and Mexico.
When South Korean President Moon Jae-in arrives in Washington this week for his first official visit as Head of State, he will provide President Trump an opportunity to energize relations with a vital Asian ally. The U.S. Chamber of Commerce hopes the administration will seize this opportunity to ensure our trade ties fulfill their potential.
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