Beginning with the government of Theodore Roosevelt, the United States became a major player in international trade, especially with its neighboring territories in the Caribbean and Latin America. Today, the United States has become a leader in the free trade movement and supports groups such as the General Agreement on Tariffs and Trade (later the World Trade Organization). [Citation required] The United States has begun negotiating bilateral and multilateral free trade agreements with the following countries and blocs: another important type of trade agreement is the Trade and Investment Framework Agreement. TTIFA provides a framework for governments to discuss and resolve trade and investment issues at an early stage. These agreements are also a way to identify capabilities and work on them, where appropriate. The United States is a party to many free trade agreements (SAAs) around the world. Here is a list of free trade agreements involving the United States. In parentheses, the abbreviation, if any, accession, unless otherwise specified in advance, and the date of entry into force. A free trade agreement is an agreement between two or more countries in which countries agree, among other things, on certain obligations that affect trade in goods and services, investor protection and intellectual property rights.
For the United States, the main objective of trade agreements is to reduce barriers to U.S. exports, protect U.S. competing interests abroad, and improve the rule of law in FTA partner countries. The USTR is the primary responsibility for managing U.S. trade agreements. .