1 President George W.

Bush smiles as he's introduced Wednesday, March 12, 2008,

onstage at the Ronald Reagan Building and International Trade Center where he
spoke to the United States' Hispanic Chamber of Commerce. The USHCC is the most
influential Hispanic business organization in the United States, communicating the
needs of Hispanic enterprise to corporate America and the Federal government.
White House photo by Joyce N. Boghosian
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3 Fact Sheet: President Bush Expanded And Enforced Trade Agreements To Open New
Markets For American Products
4 The President Has Enacted New Free Trade Agreements That Are Benefitting American
Farmers, Workers, And Small Business Owners
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6 The President leveled the playing field for American workers by increasing the
number of countries partnered with the U.S. on free trade agreements (FTAs) from
three to 16. One additional agreement has been approved by Congress but is not
yet in force and agreements with three countries are awaiting Congressional
approval. Thanks in part to President Bush’s leadership on free trade, America’s
exports now account for a larger percentage of our Gross Domestic Product than at
any other time on record.
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8 The United States currently has trade agreements in force with:
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10 Israel
11 Canada
12 Mexico
13 Jordan
14 Chile
15 Singapore
16 Australia
17 Morocco
18 El Salvador
19 Guatemala
20 Honduras
21 Nicaragua
22 Dominican Republic
23 Bahrain
24 Oman
25 Costa Rica
26 Overall goods and services exports have increased by more than 50 percent between
2000 and 2007 to a level that accounts for more than 13 percent of our GDP,
greater than any time in history. Exports to the 11 trade partners with FTAs that
went into effect between 2001 and 2007 grew more than 70 percent faster on average
than U.S. exports to the rest of the world during the periods in which the FTAs
were in effect. President Bush opened new markets for American farmers and
ranchers, which helped create a record level of U.S. agricultural exports of $92.4
billion in 2007, up more than 70 percent since 2000. In addition, he ensured
other countries abided by trade rules and won or settled 24 trade disputes brought
by the United States to the World Trade Organization since 2001.
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28 This Administration negotiated and signed a trade agreement that helped increase
U.S. exports to Central America by nearly $8 billion from 2005 to 2008. U.S.
exports to Central America dramatically increased following initial entry into
force of the Dominican Republic-Central America-United States Free Trade Agreement
(CAFTA-DR). CAFTA countries increased their annual goods exports to the U.S. from
$14.7 billion in 2005 to an annualized $15.6 billion in 2008, an increase of 6.5
percent, which has supported jobs in the region.