|
| |
   |
| |
Level the Trading Field
Make trade live up to its potential as a force for reducing global poverty.
Trade has been a part of economic development for centuries, and plays a crucial role in today’s interconnected world. Trade can help poor countries by spurring economic growth, creating jobs, reducing prices, increasing the variety of goods for consumers, and sharing new technologies. As poor countries become more integrated in the global economy, they begin to purchase more American goods. Nearly half of all U.S. exports goes to developing countries today.
But some U.S. trade policies can have a negative effect on global trade. To level the trading field, the U.S. needs to slash tariffs and quotas that discriminate against products from developing countries and put an end to farm and agribusiness subsidies that hurt the world’s rural poor.
|
|
 |
|
