(Blog) Free Trade Agreements Guide

FREE TRADE
AGREEMENTS
GUIDE

Learn how to use Free Trade Agreements

Free Trade Agreements are one of the best ways to enable U.S. exporters to sell their goods and services in foreign markets. Fewer trade barriers make it feasible for U.S. companies to compete in foreign trading partner markets. According to the International Trade Administration, 47 percent of U.S. goods exports went to FTA partner countries in 2015 and U.S. merchandise exports to the FTA partners - with agreements in force - totaled $710 billion.

  • There are currently 14 Free trade agreements between the United States and other countries. (Canada, Mexico, Australia, Singapore, Israel, etc.)
  •  Millions of dollars in duty is unnecessarily paid to the US government as well as these other governments around the world by not understanding or utilizing these agreements.
  • Penalties are imposed in both the United States and other countries for incorrectly claiming duty reductions. The entity filling out the Certificates of Origin, required to claim duty reduction, is liable for the accuracy of the documentation. 

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