Who signed free trade with China?

China’s FTA partners are ASEAN, Singapore, Pakistan, New Zealand, Chile, Peru, Costa Rica, Iceland, Switzerland, Maldives, Mauritius, Georgia, Korea, Australia, Cambodia, Hong Kong, and Macao. In addition, in November 2020, China and 14 other countries signed the Regional Comprehensive Economic Partnership.

Who initiated the TPP?

The TPP began as an expansion of the Trans-Pacific Strategic Economic Partnership Agreement (TPSEP or P4) signed by Brunei, Chile, New Zealand and Singapore in 2005.

Who started the trade agreement with China?

In 1979 the U.S. and China reestablished diplomatic relations and signed a bilateral trade agreement. This gave a start to a rapid growth of trade between the two nations: from $4 billion (exports and imports) that year to over $600 billion in 2017.

How has the Obama administration used trade enforcement to promote trade?

To ensure the greatest economic benefits for American workers and exporters, the Obama Administration has used our trade enforcement actions to emphasize opening these large, strategic markets to which the United States exports a diverse array of products and services.

Which countries have passed trade agreements with the administration?

The Administration is pleased that passage of the trade agreements with Korea, Colombia, and Panama were accompanied by a robust renewal of TAA consistent with the goals of the 2009 law that improved the scope and effectiveness of the program.

How do trade agreements support American jobs?

Every billion dollars of services exports supports more than 4,500 jobs. The South Korea, Colombia, and Panama trade agreements will open markets for U.S. firms, increasing trade and exports. Increasing U.S. exports through these agreements will support additional jobs for American workers who produce Made-in-the-USA goods and services.

Should the United States government monitor and enforce trade agreements?

And if trade agreements with high standards are to deliver their maximum benefits to American families, then it is imperative that the United States government vigilantly monitors and enforces them.