TechWonk Blog
TechWonk Blog
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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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Earlier today, the European Commission published the new Annual Single Market and Competitiveness Report. The report indicates that roughly half of the identified competitiveness drivers and Key Performance Indicators (KPI) have improved, including those related to the overall Single Market integration and the percentage of incorrectly transposed directives. While this is positive, it also means half [...]
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The recent G20 Leaders’ Summit brought the world to India. Having the opportunity to host the globe’s leading governments as they outlined how to approach 21st century technology policy challenges and grow the modern global economy was a critical opportunity for India. Now that the global leaders have returned home, India must show that it can keep its commitment to reaching its potential as a technology [...]
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In an increasingly challenging geopolitical and economic climate, strengthening Europe’s resilience and protecting its fundamental values and interests, while preserving an open and sustainable economy and enhancing its international leadership and competitiveness is incredibly important. For Europe, it is time to embrace this approach and President Von der Leyen’s upcoming State of the Union speech [...]
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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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As rumors percolate about possible new U.S. export controls and outbound investment restrictions targeting China, it’s a good time to take stock. Since 2017, the U.S. government has implemented a vast array of policy changes with the intent of diversifying supply chains, more effectively competing with China, and safeguarding national security. These policies – including tariffs, export controls, and [...]
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Nearly one year ago, the United States and 13 partners in the Asia-Pacific region launched the Indo-Pacific Economic Framework for Prosperity (IPEF). The Asia-Pacific region holds much promise for U.S. diplomatic, economic, and political engagement, but many U.S. trading partners in the region have imposed barriers that limit or constrain opportunities for U.S. companies. Furthermore, regional partners [...]
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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 Inflation Reduction Act’s implications for US Efforts to Engage Allies and Trading Partners In an increasingly challenging geopolitical and economic climate, strengthening the U.S.-EU bilateral relationship and ensuring that their shared values and interests are protected while preserving free and open competition, supporting the global competitiveness of their economies, and enhancing their shared [...]
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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, [...]
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