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U.S. T R A D E R E P R E S E N T A T I V E
EXECUTIVE OFFICE OF THE PRESIDENT
2014 NACo Annual
Conference
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President Obama’s Economic Agenda
Create Jobs, Promote Growth,
Strengthen the Middle Class
• Private sector added 9.7 million jobs over 52
straight months of job growth
• Exports leading the way - record $2.3T last year
• Each additional $1B in exports supports over
5,000 jobs
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Trade Agenda: Unlocking Opportunity
for Americans
95%
80%
Percentage of the world’s
consumers living outside of the U.S.
Percentage of the world’s purchasing
power outside of the U.S.
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Trade Agenda: Unlocking Opportunity
for Americans
Trans-Pacific Partnership (TPP)
• 12 countries
• 3 of America’s 4 top trading partners – Mexico,
Canada, Japan
• 40% of global GDP
• 1/3 of global trade
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Trade Agenda: Unlocking Opportunity
for Americans
Trans-Atlantic Trade & Investment Partnership (T-TIP)
• America’s largest export market
• Goal = eliminate all tariffs on trade
• Promote the global competitiveness of small &
medium sized enterprises
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Trade Agenda: Unlocking Opportunity
for Americans
Trade in Services Agreement (TiSA)
• Combined services markets of more than $30T
• 3 out of 4 American jobs already in services
• 28% of all U.S. exports were from private
services trade in 2012
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Trade Agenda: Unlocking Opportunity
for Americans
National Export Initiative NEXT
• Helping businesses find their NEXT customer
abroad
• Increasing the efficiency of shipments
• Federal/state/local partnerships
• Helping communities integrate trade and
investment into their NEXT growth plans
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Key Resources – export.gov
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Key Resources: SBA.gov
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