T-TIP AND U.S. RATIONALE

T-TIP AND U.S. RATIONALE

1. Trade in Goods: The United States ships more than $730 million in goods to the EU every day. In today’s highly competitive global marketplace, even small increases in a product’s cost due to tariffs can mean the difference between winning and losing a contract. The U.S. manufacturing base is growing, and the U.S. makes some of the world’s most advanced industrial goods. The U.S.  exported more than $253 billion worth of industrial products to the EU in 2012.

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