
Free Trade Agreements &
Preference Programs
Free trade agreements and specialized preference programs exist to reduce barriers and impediments to trade between trading partners and can deliver significant benefits to businesses entitled to take advantage of these opportunities, including reductions in tariff rates, and increased intellectual property protections.
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Currently, the United States has 14 trade agreements in force with 20 countries. ​While the specifics of these programs and others around the world vary, they generally provide for the reduction of trade barriers and the creation of a more predictable and transparent trading and investment environment. FTAs and preference programs can help your company enter and compete more easily in the global marketplace, allowing goods and services to be bought and sold across international borders with little or no duty, fees, quotas, subsidies, or prohibitions to inhibit trade. However, the determination of entitlement to preference treatment under these agreements can frequently be complex and wrought with peril, particularly in cases of complex manufacturing of merchandise that may involve component inputs sourced from around the globe.
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The professionals at 6125 Trade can assist in guiding your business through the complex analyses involved in making origin and entitlement determinations under trade agreements and other preference programs.