(Many of the current U.S. preferential trade programs, such as NAFTA, Chile (CLFTA), Singapore (SGFTA) Australia (AUFTA), Bahrain (BHFTA), Morocco (MAFTA), Oman (OMFTA), CAFTA-DR, Peru (PETPA), Korea (KORUS), Colombia (COTPA), and Panama (PATPA apply a tariff shift and/or...