With a two-decade record to examine, it's plain the North American Free Trade Agreement (NAFTA) has generated growth and opportunity for U.S. workers, farmers, consumers, and businesses:
American jobs supported by trade with Canada and Mexico
increase in agricultural exports since NAFTA enactment
small-and medium-size businesses sell goods and services to Canada and Mexico
cumulative trade surplus in manufactured goods with Canada and Mexico, 2008-2014
to read more about how NAFTA works for US.
Trade with Canada and Mexico is a significant driver of U.S. economic growth, and our country’s top two export markets. In fact, more than 125,000 small and medium-size businesses export to our North American neighbors.
Most important, trade with Canada and Mexico supports 14 million American jobs and generates $3.5 billion in trade every single day. North American Free Trade Agreement (NAFTA) is the foundation of this prosperous relationship, and as our nation engages in a debate over its future, we must start by acknowledging the value of the deal to our economic well-being.
With more than 95% of the world’s consumers living outside the United States, international trade is critical to creating American jobs, expanding business opportunities, and strengthening our local economy. When we compete on a level playing field, American businesses and workers can compete with anyone in the world. As our country enters into negotiations to modernize NAFTA, it is important that we remember the economic impact and importance of NAFTA not only to our state, but the country.
Now is the time to urge the Administration and Congress to protect and preserve the economic benefits we enjoy thanks to NAFTA.
More than 300 state and local chambers of commerce representing businesses from all 50 states have expressed their support for a modernized NAFTA. Let your voice be heard today.
to learn more about how trade plays to our country's strengths and to see why trade is key to our ability to drive economic growth.