U.S. trade deal could add billions to Arizona’s economy

Screen Shot 2015-04-10 at 3.07.43 PMBy Mark Remillard and Jim Cross | KTAR

Arizona could receive billions of dollars in trade should a pact be made between the United States and 11 other nations.

Arizona would see an estimated $12.8 billion in trade should the Trans-Pacific Partnership gain final approval. U.S. Trade Representative Ambassador Michael Froman said the agreement would break down barriers and reduce tariffs on goods headed to and from the state.

“That is of importance economically,” he said. “It’s also of importance strategically.”

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Related: Arizona exports topped $21 billion in 2014; nation set fifth export record

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