The Australia-United States Free Trade Agreement (AUSFTA) is a trade deal that was signed in 2004 to promote economic cooperation between Australia and the United States. It aims to reduce tariffs and other trade barriers, making it easier for businesses in both countries to export and import goods and services. AUSFTA covers various sectors, including agriculture, manufacturing, and services. By enhancing trade relations, the agreement seeks to boost economic growth and create job opportunities in both nations, benefiting consumers through increased access to a wider range of products at competitive prices.