“Millions of American jobs depend on exports,” Bush said. “More exports support better and higher-paying jobs -- and to keep our economy expanding, we need to keep expanding trade.”

The president pointed to the significance of trade agreements with other countries. He noted that three such pacts had been in existence when he took office, adding that the number has jumped to 14 today.

The White House hopes to soon add free trade agreements with additional countries. Pacts with Peru, Colombia and Panama are in the works and Bush said getting them done would “expand America’s access to 75 million customers.”

The deal with Peru, which is most likely to soon be approved by Congress, would eliminate tariffs for U.S. good entering the Peruvian market place, Bush stated.

“This agreement would level the playing field for American businesses and workers and farmers,” he said.

The president added that his administration is also working toward completing a trade pact with South Korea, noting that this would “strengthen our relationship with a democratic partner in a critical part of the world.”

Bush also addressed the concerns of those favoring some protectionist measures over breaking down trade barriers.

“I know many Americans feel uneasy about new competition and worry that trade will cost jobs,” Bush said. “So the Federal government is providing substantial funding for trade adjustment assistance that helps Americans make the transition from one job to the next.”

The president ended his address by asking Congress to quickly approve the agreements.