Since 1948, we have cut major industrial nations' tariffs on manufactured goods by 90 percent. Eight key industries, from environmental technology to medical instruments to chemicals to toys, stand ready to take this step now. They account for nearly a third of our exports. So let's take that step at Seattle and set ambitious goals for other manufacturing sectors. We should set equally ambitious goals for services.
Trade is no longer just agricultural and manufactured goods.
It's construction and distribution and entertainment. America is the world's largest exporter of services, in quantity and quality. And though we've made really important advances in agreements on financial and communication services, too many markets remain closed to us. In Seattle, I want to open those markets more fully, and unlock the full creative and entrepreneurial potential of our people. Third, we have to have a trading system that taps the full potential of the information age.