SMALL BUSINESS: FTAs sweep away
trade barriers that are especially tough on the 300,000 small and medium-sized companies that account for 97% of all U.S. exporters.8
FASTER GROWTH: U.S. exports to
new FTA markets tend to grow two-to- four times faster in the five-year period following the agreement’s entry into force than U.S. exports globally.9
REFERENCES: 1 “Trade and American
Jobs,” The Trade Partnership: http://www.tradepartnership.com/pdf_files/Trade_and_American_Jobs7.2010.pdf. 2 U.S. Department of Commerce: http://trade.gov/publications/ita-newsletter/0510/exports-play-vital-role-in-supporting-us-employment-0510.asp and http://trade.gov/mas/ian/build/groups/public/@tg_ian/documents/webcontent/tg_ian_003208.pdf. 3 American Farm Bureau Federation: http://www.fb.org/index.php/index.php?action=newsroom.fastfacts. 4 U.S. Department of Commerce: http://trade.gov/press/press-releases/2014/export-factsheet-february2014-020614.pdf. 5 U.S. Department of Commerce: http://www.commerce.gov/news/fact-sheets/2013/02/19/fact-sheet-national-export-initiative. 6 “Opening Markets, Creating Jobs: Estimated U.S. Employment Effects of Trade with FTA Partners,” U.S. Chamber of Commerce: https://www.uschamber.com/report/opening-markets-creating-jobs-estimated-us-employment-effects-trade-fta-partners. 7 U.S. Department of Commerce data, analysis by U.S. Chamber of Commerce: https://www.uschamber.com/blog/one-weird-fact-about-trade-deficit-no-one-has-noticed. 8 U.S. Department of Commerce: http://www.trade.gov/mas/ian/build/groups/public/@tg_ian/documents/webcontent/tg_ian_005369.pdf. 9 U.S. Chamber of Commerce analysis.