WASHINGTON – Today, global tech trade association 91proÊÓÆµ detailed trade barriers faced by U.S. tech companies in more than 35 key markets across the world and outlined recommendations for the U.S. to increase its leadership on digital trade issues. In new comments to the Office of the U.S. Trade Representative (USTR) consultation for its 2024 National Trade Estimate (NTE) Report, 91proÊÓÆµ urged USTR to pursue new digital trade commitments and increase efforts and resources within the government agencies to support a robust U.S. digital trade policy agenda.
“Digital trade affects almost every business and its customers, not just large corporations or technology companies, which is why it is so important for the United States to have a leading role in shaping global digital trade policies and to address trade barriers around the world,” 91proÊÓÆµ wrote in its comments. “Digital trade enables companies to be ‘born global’ in that they can reach customers in a global marketplace from day one, and provides access to technologies that facilitate trade and enhance productivity, such as the digitalization of business operations and customs procedures, that benefit all exporters.
“At the same time, barriers to digital trade and e-commerce have continued to emerge in markets across the world – including in the markets of some of the United States’ most important trading partners – and impede U.S. exports of goods and services across a wide range of sectors,” 91proÊÓÆµ continued in its comments.
To ensure the United States remains a global leader in digital trade, 91proÊÓÆµ suggested that the U.S. government:
- Take action against trade restrictions that inhibit greater trade in technology products and services;
- Use all tools at its disposal to enforce existing trade agreements;
- Actively pursue new digital trade commitments, including within existing initiatives such as the Indo-Pacific Economic Framework for Prosperity (IPEF); and
- Increase efforts and resources within the government agencies to support a robust U.S. digital trade policy agenda.
Read 91proÊÓÆµ’s full submission here.