Advocacy & Policy
News Updates on Trade:
Trade Policy Committee:
Are you interested in trade policy? Join our Trade Policy Committee to be involved in the ever-evolving discussion around current trade policy.
To join, contact Tyler Rauert at firstname.lastname@example.org
Follow us on social media @CBL4NAFTA
Join us in support of NAFTA – sign on to be part of our coalition below:
Colorado business leaders understand the importance of free trade to our workforce and consumers. The North American Free Trade Agreement (NAFTA) has been a critical economic driver for over two decades and we support efforts to modernize and strengthen this important trilateral agreement. Canada and Mexico are America’s largest trading partners and updates to NAFTA should recognize and expand the many benefits it has helped create in the United States and here in Colorado. These include:
- More than 12 million American jobs were supported by U.S. trade – both exports and imports of goods and services – with Canada and Mexico.
- In Colorado, one in five jobs is supported by international trade, amounting to more than 740,000 jobs. Colorado, and every state in the country, has realized net employment gains as a result of trade with NAFTA partners.
- U.S. goods exports to Canada and Mexico increased by $375 million between 1993 and 2015. U.S. services exports to these two countries more than tripled to $88 billion between 1993 and 2015.
- Colorado exports to Canada and Mexico totaled $6.7 billion in 2016.
- Foreign direct investment of Canada and Mexico in the U.S. (stock) was up 16.5% and continues to rise.
Over the past 23 years, NAFTA has created a deeply integrated North American market boosting collective GDP of US$21.1 trillion in serving its 480 million consumers and worldwide customers. Trade agreements like NAFTA level the playing field by lowering trade barriers, opening up foreign markets to U.S. exports, and setting strong, enforceable rules for trade. NAFTA has been a proven model, supporting growth, innovation, and well-paying jobs in all three countries. In addition, it has supported middle-class job creation here in Colorado and across all three countries.
Given the importance of NAFTA to Colorado businesses, workers, and consumers, Colorado Business Leaders for NAFTA believe the ongoing negotiations should not weaken or undermine NAFTA. The agreement’s trilateral structure should be maintained and we oppose any efforts that would eliminate the agreement in totality or increase barriers to trade in goods and services or barriers to investment. As a coalition, we want to ensure all of Colorado can benefit from expanded market opportunities to grow our businesses and put more Coloradans to work.
Colorado Business Leaders for NAFTA,
Karen Gerwitz, Co-Chair
Jeff Wasden, Co-Chair