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But the saving from eliminating duties would still be significant because the volume is so enormous.
Loosening restrictions on renewable technologies, which includes key components used in generators and wind turbines, can help reduce the cost of wind energy by eliminating duties.
(The kids are always surprised to discover that, by eliminating duties on tea in England and lowering the import tax to just three pence, the Tea Act actually reduced the price of tea in the colonies).
But Republicans said Democrats were only hurting American workers, arguing that the agreement would level the playing field by eliminating duties on American-made goods entering Colombia, which already has significant duty-free access to the United States.
There is, unfortunately, a corollary to reducing or eliminating duties on clothing coming from Afghanistan and Pakistan by creating a free-trade area with these two countries: the loss of work for another group of American workers, who could never compete with workers producing clothing for 90 cents a day.
Meanwhile, in South Korea, the position of Hyundai Motor Co. and Kia Motors has eroded considerably as imported cars have increased their presence at a rapid rate in the wake of a 2011 free-trade deal eliminating duties on vehicles from Europe.
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The accord with Peru would allow its exports into the United States duty-free and would eliminate duties on most industrial and farm exports from the United States to Peru.
Unlike Nafta, which eventually eliminated duties on goods sold between Mexico, the United States and Canada, a European free-trade agreement would focus more on harmonizing regulatory standards between the United States and Europe.
The government said it would eliminate duties on professional equipment for the services industry and on fuel for the manufacturing industry.
The United States trade representative, Charlene Barshefsky, said "substantial progress" was made in negotiations this week on the pact, which would eliminate duties on the nations' bilateral trade.
On Jan . 1 the North American Free Trade Agreement will eliminate duties on heavily subsidized American wheat, rice, barley, potatoes, dairy products, poultry, pork and beef.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com