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To learn more about ITI's work and position on Trade & Investment, please visit
http://www.itic.org/policy/trade-investment
http://www.itic.org/policy/trade-investment
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On March 1, the Biden Administration provided its outlook on U.S. trade policy for 2024. The annual report, produced by the Office of the United State Trade Representative (USTR), notes that trade can be a “force for good” to help meet broader policy goals such as increasing supply chain resilience and supporting inclusive growth. However, it also shows that USTR will continue to avoid new binding, [...]
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Last August, President Biden took a critical step to usher in a new era for U.S. manufacturing and the innovation economy and ensure U.S. leadership with the enactment of the CHIPS and Science Act. This landmark law’s bold and critical investments were designed to construct needed fabs to stabilize the domestic supply of semiconductors – the key building block upon which the entire digital economy [...]
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U.S. businesses across industries of all sizes would benefit from U.S.-led efforts to strengthen the global digital trade environment through robust commitments and new market access opportunities. However, other governments are taking advantage of the United States’ relative absence from significant bilateral and multilateral trade engagement to promote rules and policies that undermine U.S. competitiveness [...]
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The forthcoming signing of the CHIPS and Science Act of 2022 (H.R. 4346) will usher in a new era for U.S. manufacturing and the innovation economy. On behalf of the technology industry and entire semiconductor ecosystem, ITI has been the leading advocate for this critical legislation and is proud to join the ceremony at the White House on August 9 to mark its enactment. A Biden Administration priority, [...]