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About Trade

"Free and fair trade helps secure a future of freedom and promise."

President George W. Bush
World Trade Week Proclomation
May 16, 2008

Site Updated: August 14, 2008

News Highlights

Image of FTA trade balance scale. The $2.7 billion surplus is tipping the scale with FTAs. Click here for more information.

U.S. Manufacturing Exports Swing from Deficit to Surplus with FTA Countries

Washington (July 23)—U.S. Secretary of Commerce Carlos M. Gutierrez announced new data showing that the United States is running a trade surplus in manufactured exports with our 14 free trade agreement (FTA) partners. In the first five months of 2008, the trade balance in manufactured goods rose to a $2.7 billion surplus with our FTA partners from a $12.3 billion deficit during the same period last year. “These figures show that our FTAs are succeeding and that Americans benefit from open markets,” Gutierrez said. (Fact Sheet) (Remarks) (Release)