WASHINGTON – Today, ITI, the global voice of the tech sector, issued the following statement in response to the International Trade Commission’s (ITC) report on the United States-Mexico-Canada Agreement (USMCA):
“The release of the ITC report is an essential step towards Congressional consideration of the USMCA,” said Jennifer McCloskey, ITI’s Vice President of Policy, Tax and Trade. “This agreement includes new, high-standard digital trade provisions that would modernize North American trade by allowing for free, unobstructed cross-border data flows while also providing critical protections for digital technologies and small and large companies across industries. As the ITC report shows, these important provisions would create a strong and positive impact throughout the U.S. economy. We hope today’s report jumpstarts a healthy debate in the U.S. Congress and paves the way for successful passage of this landmark agreement."
Earlier this year, ITI called on Congress to ratify the USMCA, highlighting the agreement’s digital trade chapter, which fosters technological advancement for American companies of all sizes and industries and solidifies North America as the destination of choice for cutting-edge technology development, manufacturing, and delivery.