Free Trade Agreements Of The United States

All Trade Statistics of Foreign Trade – U.S. Census Bureau.┬áThe United States has implemented 14 trade agreements with a total of 20 countries. The North American Free Trade Agreement (NAFTA) came into force on January 1, 1994. NAFTA exports support more than three million U.S. jobs. In the first ten years of NAFTA, merchandise trade between the three countries more than doubled from some $293 billion in 1993 to nearly $627 billion in 2003. In 2016, merchandise trade between the United States and NAFTA`s two trading partners totaled nearly $800 billion. The U.S.-Peru Trade Promotion Agreement was signed in December 2007. Since then, the United States has maintained a large trade surplus with Peru. U.S.

exports to Peru increased 43 percent in 2016 to $5.9 billion, while Peruvian imports were $4.3 billion. USTR Peru FTA Page” This book is a must for asia-based trade policy analysts and negotiators, as it provides an important insight into U.S. foreign trade policy and raises serious questions about the likely future approach of free trade agreements with its trading partners. Detailed descriptions and texts of many U.S. trade agreements can be accessed through the Left Resource Center. Here is a list of the free trade agreements that include the United States. In parentheses, the abbreviation, if any, membership, unless indicated in advance, and the date of entry into force. Another important type of trade agreement is the Trade and Investment Framework Agreement.

TIFA provides a framework for governments to discuss and resolve trade and investment issues at an early stage. These arrangements are also a means of identifying and working, if necessary, for capacity building. Jordan Since the implementation of the U.S.-Jordan Free Trade Agreement in December 2001, trade with two retailers between the United States and Jordan has increased by more than 350%, from US$568 million in 2001 to more than $2 billion in 2016. USTR Us-Jordan FTA Page” In this volume of conferences, leading economists and trade policy makers discuss U.S. initiatives to launch free trade negotiations with a wide range of countries in the Asia-Pacific region, the Western Hemisphere and Africa. The number of such initiatives is unprecedented and raises important political questions regarding U.S. interests in the negotiations, prioritization among the many candidates for free trade agreements (FTAs) with the United States, the objectives of these trading partners and the impact these agreements could have on broader initiatives such as the Doha Round in the World Trade Organization and the U.S. Free Trade Area. , on the issue.