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10 Reasons to Reinstate Trade Promotion Authority

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10 Reasons to Reinstate Trade Promotion Authority

  1. 1. 10 REASONS TO REINSTATE TRADE PROMOTION AUTHORITY
  2. 2. Renew #TPA! MORE THAN 38 MILLION U.S. JOBS DEPEND ON TRADE.
  3. 3. Renew #TPA! 1 IN 3 U.S. MANUFACTURING JOBS DEPENDS ON EXPORTS.
  4. 4. Renew #TPA! GROWTH, JOBS AT HOME DEPEND ON OUR ABILITY TO SELL GOODS, SERVICES TO THE 95% OF HUMANITY THAT LIVES OUTSIDE THE U.S.
  5. 5. Renew #TPA! THE 20 U.S. FTA PARTNERS REPRESENT TO JUST 10% OF GLOBAL GDP BUT BUY NEARLY HALF OF U.S. EXPORTS.
  6. 6. Renew #TPA! FOREIGN TARIFFS ON U.S. GOODS ARE OFTEN > 5-10 TIMES HIGHER THAN U.S. AVERAGE.
  7. 7. Renew #TPA! THE EXPANSION IN TRADE SPURRED BY U.S. FTAs SUPPORTS 5 MILLION+ U.S. JOBS.
  8. 8. Renew #TPA! IN FTA’s FIRST 5 YEARS, U.S. EXPORTS TO NEW PARTNER TEND TO GROW 4X FASTER THAN AVERAGE U.S. EXPORT GROWTH.
  9. 9. Renew #TPA! U.S. HAS A TRADE SURPLUS IN MANUFACTURED GOODS WITH ITS 20 FTA PARTNERS.
  10. 10. Renew #TPA! 97% OF U.S. EXPORTERS ARE SMALL OR MIDSIZED COMPANIES.
  11. 11. Renew #TPA! U.S. FTA PARTNERS PURCHASED 12.8 TIMES MORE U.S. EXPORTS PER CAPITA THAN OTHER COUNTRIES IN 2012.
  12. 12. ANY REASONS WE MISSED? LET US KNOW! /USChamber @USChamber /USChamber /USChamber

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