Total jobs related to trade:
Business Roundtable welcomed today’s official Capitol Hill launch of the Business Coalition for Transatlantic Trade (BCTT), a U.S. business community-led effort to support the proposed U.S.-EU trade and investment negotiations.
Business Roundtable welcomed today’s announcement that Michael Froman will be nominated as the next United States Trade Representative (USTR) and Penny Pritzker as the next Secretary of Commerce.
Business Roundtable welcomes the announcement by Japanese Prime Minister Shinzo Abe that Japan will seek to join the Trans-Pacific Partnership (TPP). Japan, the world’s third largest economy, would become the 12th country to participate in negotiations to achieve what would be the largest regional U.S. trade and investment agreement ever negotiated.
Business Roundtable (BRT) praised the U.S.-EU High Level Working Group on Jobs and Growth for recommending the launch of U.S.-EU trade and investment negotiations and U.S. and EU leaders for announcing their decision to each take the steps necessary to launch the negotiations.
With more than 95 percent of the world’s population – representing 80 percent of the world’s purchasing power – outside the United States, U.S. economic growth and job creation depend on opening international markets so U.S. companies and their employees can sell more American products and services to these customers. International trade and investment agreements are critical tools for opening markets and helping U.S. businesses and their employees compete in those markets and support American jobs. Use this application to learn more about the benefits to each U.S. state of: (1) trade in general; (2) trade with our most recent Free Trade Agreement partners South Korea and Colombia; and (3) with Russia, which has now committed to open its market as part of joining the World Trade Organization later this year. To view the Russia trade data for each U.S. state and understand why companies and their employees in each state need Congress to pass Russia PNTR legislation—
To learn more about Business Roundtable’s activities to promote international trade and investment more generally, visit www.brt.org.
|Key Trade Statistics||2004||2008||% change|
|Number of jobs tied to trade Info||31,306,644||38,418,829||22.7%|
|Total value of exports to other countries||$814.8 billion||$1.3 trillion||59.5%|