Trade supports millions of American jobs throughout the global value chain, keeping Americans working here at home, easing family budgets through lower prices, while growing the economy. RILA is actively participating in the NAFTA renegotiations and tracking the President's executive actions on trade, which have the potential to limit access to goods and services while imposing new tariffs that raise costs for American businesses and our customers.
RILA will continue to lead the way in showcasing the benefits of expanding trade to American families and our economy while educating lawmakers about the impact a potential withdrawal from NAFTA or other free trade agreements or programs will have to U.S. jobs and retail prices.
Each year, America's seaports significantly contribute to the American economy. An estimated
2.5 billion tons of
over $2 trillion, moves across the U.S. border annually. Despite their economic importance, ports nationwide are constrained by aging infrastructure, lack of automation, difficulty in handling modern "mega-vessels," and face a reoccurring prospect of shutdown due to contract issues. The resulting inefficiency inhibits the flow of imports and exports, increasing costs for American businesses and consumers. As Congress looks to build an infrastructure package, ports and last- mile connectors should join roads and bridges as a top priority.
RILA is working with lawmakers to showcase the importance of America's port system and the urgent need for targeted infrastructure investment to bolster the U.S. economy. RILA will continue to work with stakeholders to improve the efficiency
while highlighting the important value that an updated transportation network provides to jobs and the economy in the United