On Monday, March 1, 2021, the United States Trade Representative (USTR) office released President Biden’s 2021 Trade Agenda and 2020 Annual Report. According to the USTR Press Release, “The President’s agenda will create millions of good-paying jobs and support America’s working families.”
The Trade Priorities outlined in the report and Fact Sheet are:
- Tackling the COVID-19 Pandemic and Restoring the Economy
- A Worker Centric Trade Policy
- Putting the World on a sustainable Environment and Climate Path
- Advancing Racial Equity and Supporting Underserved Communities
- Addressing China’s Coercive and Unfair Economic Trade Practices through a Comprehensive Strategy
- Partnering with Friends and Allies
- Standing up for American Farmers, Ranchers, Food Manufacturers and Fishers
- Promoting Equitable Economic Growth Around the World
- Making the Rules Count
The USTR goes on to say, “through bilateral and multilateral engagement, the Biden Administration will seek to build consensus around trade policies that address the climate crisis, bolster sustainable renewable energy supply chains, level the playing field, discourage regulatory arbitrage, and foster innovation and creativity.”
The complete report can be viewed here.
For more information, please contact your local Noatum Logistics USA representative