‘Tonight, we set a new goal,” President Obama declared in his 2010 State of the Union address. “We will double our exports over the next five years, an increase that will support 2 million jobs in America.”
A critical step toward achieving that goal, Obama went on to say, would be to strengthen trade relations “with key partners like South Korea and Panama and Colombia” — countries with which the United States had pending free-trade agreements (FTAs) that were originally negotiated during the George W. Bush administration but had yet to be ratified.
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