ITI: Renewing USMCA Will Strengthen American Innovation, Investment, and Jobs
WASHINGTON – Today, global tech trade association ITI President and CEO Jason Oxman reacted to U.S. Trade Representative Jamieson Greer’s statement on the United States-Mexico-Canada Agreement (USMCA) Joint Review, which noted that the United States did not agree to renew the USMCA in its current form.
“Strong trade agreements help American innovators compete and win. We are disappointed that the United States did not agree today to renew the USMCA in its current form. Renewing the USMCA would help ensure North America remains the world’s most competitive region for technology investment, advanced manufacturing, and innovation by providing the certainty businesses need to invest, grow, and create jobs across the United States. The USMCA’s groundbreaking digital trade provisions have helped American companies compete and succeed in markets around the world. At a time of intensifying global competition, renewal of this landmark agreement is essential to maintaining America’s technological leadership and keeping North America at the forefront of the global economy. ITI stands ready to engage with the Administration to ensure that the United States and North America can lead on global trade.”