TechWonk Blog Subsection
TechWonk Blog
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Three trade ministers representing Canada, Mexico, and the United States recently convened in Phoenix, Arizona for the fourth meeting of the Canada-United States-Mexico Agreement (CUSMA) Free Trade Commission (FTC). The government officials applauded the CUSMA for driving trilateral cooperation and strengthening North American competitiveness in the almost four years since its entry into force. Beneath [...]
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Tariffs continue to capture the spotlight in Washington and across the U.S. campaign trail. In recent years, they have become a favored policy tool proposed to solve challenges in technology, shipbuilding, electric vehicles, and steel, to name a few sectors. U.S. policymakers and candidates now routinely call for higher tariffs on a broad range of imports, claiming the action will boost U.S. competitiveness [...]
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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 鈥渇orce for good鈥� 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鈥痶oday, the European Commission published the new鈥疉nnual Single Market and Competitiveness Report.鈥疶he 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鈥� Summit brought the world to India. Having the opportunity to host the globe鈥檚 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鈥檚 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.鈥疐or Europe, it is time to embrace this approach and President Von der Leyen鈥檚 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鈥檚 bold and critical investments were designed to construct needed fabs to stabilize the domestic supply of semiconductors 鈥� 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鈥檚 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 鈥� 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鈥� relative absence from significant bilateral and multilateral trade engagement to promote rules and policies that undermine U.S. competitiveness [...]
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