Are Trade Agreements Good For The United States

Jordan Since the implementation of the U.S.-Jordan Free Trade Agreement in December 2001, trade with two retailers between the United States and Jordan has increased by more than 350%, from US$568 million in 2001 to more than $2 billion in 2016. USTR U.S.-Jordan FTA Page” In particular, there are only modest partisan differences on the impact of free trade agreements on the country and on the personal finances of the population. About six out of ten self-employed (62%) and the Democrats (58%) To say that free trade agreements were good for the United States, like 53% of Republicans. Nearly half of independents (47%), 42% of Democrats and 39% of Republicans say their family`s finances have been supported by free trade agreements. And across the political spectrum, majorities say that free trade agreements are generally good for people in developing countries: 62% of Republicans say so, with 55% of Democrats and 58% of independents. While the views of Americans, whose annual family income is less than $30,000, have also become more positive, they remain skeptical of the personal financial impact of free trade agreements. Currently, only 38% say free trade agreements have helped their family finances, while about as many (44%) say they have damaged their finances. Overall, more Americans say that free trade agreements have helped their families` financial situation rather than violated it. The current attitude reflects a significant change in recent years. Today, 43% say these agreements have helped their families; November 2010, only 26%. More importantly for displaced workers, wages were much higher, both in the import and export industries, as well as in non-trade-related goods industries. In 2011, the average worker, who was deported by Chinese trade, suffered a loss of $13,505 per year, even though he was re-employed in an unnesored industry. And as I have already shown, job and wage losses in manufacturing have had a huge depressing effect on the wages of most workers, which have been cut by $1,800 per week per year for non-graduate workers (and I repeat, these workers make up two-thirds of the workforce).

Overall, 58% of Americans say that free trade agreements between the United States and other countries were generally a good thing for the United States, while 33% say they were a bad thing. These opinions did not change much last year, but they are more positive than in 2011 (48% said they were a good thing).