Trade Agreement Signed for Microbusinesses

Representatives from the US and Mexico signed a “mini-NAFTA” agreement on Monday designed to benefit microbusinesses—companies that employ five workers of less. Tuesday’s issue of the Tuscon Citizen reports that the deal will reduce the barriers to trade for the smallest of businesses. The goal of the project is to establish a strong support system for companies of both countries. It will also aid in education of trade laws and usage of the internet to sell across borders. 52% of all US businesses are microbusiness.