...with Mexico and Canada
Since the North American Free Trade Agreement (NAFTA) entered into force in 1994, trade between the United States, Canada and Mexico has more than tripled. From 1993 to 2007, trade of goods between the three countries rose from $293 billion to $909 billion. Each day, the three North American countries conduct well over $2.5 billion in trade.
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...with Colombia
More than 90% of our imports from Colombia already enters our market duty free. By contrast, exports of U.S. manufactured goods to Colombia face average tariffs of 14%. This trade agreement will fix this imbalance by building a mutually beneficial, reciprocal trade partnership. More than 80% of U.S. consumer and industrial products and half of current U.S. farm exports will enter Colombia duty-free immediately, with the rest phased out over time.
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...with Panama
A trade agreement with Panama will level the playing field for American workers, farmers, and companies by eliminating over 88% of Panama’s tariffs on U.S. consumer and industrial goods and a majority of the most competitive U.S. farm exports immediately upon implementation.
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...with Korea
Free trade agreements create important new market access and opportunities for U.S. small and medium enterprises (SMEs), and the U.S.-Korea FTA is no exception. More than 18,900 U.S. companies export their products to Korea. Of this total, 16,858—or over 89 percent—were small and medium-sized companies.
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