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White House Fact Sheet: Free Trade Agreements Vital To U.S. Economic Growth and National Security

President Bush Calls On Congress To Open Markets For American
Workers And Entrepreneurs By Approving Free Trade Agreements, Starting
With Colombia
: “Today, President Bush met with former Cabinet Secretaries and senior government officials and discussed the need for pro-growth economic policies, including opening new markets for U.S. exports through free trade agreements. Open markets contribute to America’s prosperity. With exports now accounting for a larger percentage of our GDP than at any other time in our history, trade is playing an important role in supporting economic growth. Exports have reached a historic high as a share of the United States’ national income, and jobs supported by goods exports pay wages 13 to 18 percent higher than the national average.”

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