Business Roundtable is an association of chief executive officers of leading U.S. companies working to promote a thriving economy and expanded opportunity for all Americans through sound public policy.
A recent study – titled "Terminating NAFTA: The National and State-by-State Impacts on Jobs, Exports and Output" – found that ending NAFTA would re-impose high tariff costs on U.S. exports and imports, which would reduce the competitiveness of U.S. businesses both domestically and abroad, lower U.S. economic output and cause jobs to be lost. Source
For more than two decades, NAFTA has supported jobs and the economy in the United States. Successful negotiations to update NAFTA should expand on, not diminish, the many benefits this U.S. trade agreement has already created. Source
International Trade and investment supports jobs and economic growth in every state, and now supports an estimated 41 million American jobs. U.S. trade-related employment grew three and a half times faster than total U.S. employment between 2004 and 2014.
Globally engaged U.S. companies create jobs, pay higher wages and increase economic growth in every U.S. state and the District of Columbia. For the United States as a whole, U.S. globally engaged companies directly employed 23.3 million American workers in 2013, the most recent year for which data are available, and paid average annual compensation of $78,000, which is 40 percent higher than the average $56,000 annual compensation paid to workers employed by other U.S. businesses.