
North American Free Trade Agreement Pivotal To U.S. Retailers, Consumers & Economy
NAFTA-Supported Trade Keeps Costs Down & Americans Employed
U.S. Retailers Imported $182 Billion In Goods From Its NAFTA Partners In 2017, $128 Billion From Mexico And $54 Billion From Canada, Respectively. (George Coe, Sumit Chandra & Johan Ghott, “How NAFTA Affects US Retail,” A.T. Kearney, Accessed 5/8/18)
- U.S. Retailers Exported Over One Trillion Dollars-Worth Of Goods In 2017, $540 Billion To Mexico And $523 Billion With Canada. (George Coe, Sumit Chandra & Johan Ghott, “How NAFTA Affects US Retail,” A.T. Kearney, Accessed 5/8/18)
Without NAFTA, Tariffs Would Force Retailers To Pay $5.3 Billion More Annually For These Same Goods. (George Coe, Sumit Chandra & Johan Ghott, “How NAFTA Affects US Retail,”
A.T. Kearney, Accessed 5/8/18)
- Apparel & Footwear: $501 Million In Higher Costs
- Electronics & Appliances: $390 Million In Higher Costs
- Household Goods: $498 Million In Higher Costs
- Auto Parts: $240 Million In Higher Costs
U.S. NAFTA Withdrawal Could Lead To A Loss Of 128,000 Retail And Retail-Supported Jobs Within The Next Three Years. (George Coe, Sumit Chandra & Johan Ghott, “How NAFTA Affects US Retail,”
A.T. Kearney, Accessed 5/8/18)
- New Tariffs On Mexico & Canada Would Reduce Retailers’ Revenue By Up To $15.8 Billion And Lead To A $39 Billion Drop In Retail Sales. (George Coe, Sumit Chandra & Johan Ghott, “How NAFTA Affects US Retail,” A.T. Kearney, Accessed 5/8/18)
- An End To NAFTA Would Negatively Impact U.S. GDP, Leading To A Fall In GDP Growth Rates Of Between 0.1 And 0.4, Or $232 Billion, By 2021. (George Coe, Sumit Chandra & Johan Ghott, “How NAFTA Affects US Retail,” A.T. Kearney, Accessed 5/8/18)
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