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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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The chairman of President Trump’s Council of Economic Advisers, Kevin Hassett, recently proclaimed that “there are a heck of a lot of U.S. companies” that will suffer and watch “their earnings being downgraded,” as the U.S.-China trade dispute slogs on. He’s right. Tariffs are a direct threat to American families, workers and companies, hindering economic growth and slowing hiring. But the administration’s [...]
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The leaders of the world’s 20 largest economies are gathering in Argentina for the annual G-20 Summit. All eyes will be on President Donald Trump and Chinese President Xi Jinping as they meet face-to-face to discuss escalating trade tensions between the world’s two largest economies. With tariffs on many Chinese goods set to increase to 25 percent in January, both leaders must take this opportunity [...]
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Digital technologies have created innovations and led to higher living standards that were unthinkable when the North American Free Trade Agreement (NAFTA) was first implemented in 1994. Then, internet access was limited; now people regularly connect with one another from the palm of their hands and digital devices connect to create smarter cities, more precise manufacturing, and improved healthcare. [...]
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Innovators are focused on Colombia right now, and it’s not just because of the “Orange Economy” principles of innovation and creativity permeating throughout the Duque government. Recent actions give confidence that this new administration understands the environment needed for technology and entrepreneurship to flourish in Colombia. One example is the draft ICT modernization bill that the Duque government [...]
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We are optimistic that a deal between Canada, Mexico, and the United States to modernize the North American Free Trade Agreement (NAFTA) could be reached in the coming weeks or even days. Since NAFTA first came into force in 1994, the world has become more digitized and interconnected, and new technologies have revolutionized the ways we do business. Because of this, we have always believed that a [...]
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Forty-one million jobs across the United States depend on trade. If you look around your community, there is a good chance that either yours or one of your neighbor’s jobs exist because of it. Free trade has been a catalyst for economic growth and fuel for innovation across the globe. Historic trade agreements like the North America Free Trade Agreement (NAFTA) have been crucial to the economic success [...]
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The technology industry is driven by the potential the future holds. From turning a simple code into a device that can detect diseases and save lives, to growing a small online network among friends into a global platform that transforms the way we communicate, we’re always looking forward. The State of the Union address offers a key moment for the president to outline his vision for the future, too. [...]
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This week, NAFTA negotiators will meet once again to renegotiate the 23-year-old, critically important trade agreement between the United States and two of its largest trading partners, Mexico and Canada. We share many of the Trump administration’s goals of modernizing this agreement, which was negotiated long before the incredible changes that the internet and digital technologies have brought to [...]
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The start of the 115th Congress and new administration not only marked an era of profound political change, but it also presented a unique and timely opportunity to modernize outdated policies. Lawmakers acted on many issues critical to the tech industry by enacting substantial reforms to bring both the U.S. federal tax code and the U.S. government procurement process into the 21st century. The Tax [...]
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There’s no question that the North American Free Trade Agreement has significantly reshaped the U.S. economy and the way companies do business in North America. Since the agreement entered into force in 1994, trade with Canada and Mexico – the United States’ two largest export markets – has increased 350 percent, supporting the creation of 5 million new jobs across all 50 states. But much has changed [...]
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