January 15, 2020

WASHINGTON — ITI today urged the U.S. Senate to vote in support of H.R. 5430, implementing legislation for the United States-Mexico-Canada Agreement (USMCA). In a letter sent to U.S. Senate Majority Leader Mitch McConnell and Minority Leader Chuck Schumer, ITI highlighted the agreement’s landmark digital trade provisions which recognize the reality of the 21st century economy and uphold the importance of the U.S. economy and U.S. competitiveness around the world.

In December, ITI published a blog post outlining the impact of USMCA and its digital trade chapter. Earlier in 2019, ITI highlighted the unique opportunity presented by USMCA for the U.S. to show global leadership and establish a gold standard for 21st century trade rules.

ITI scores votes that are key priorities for the tech sector. The following is text of the letter sent to U.S. Senators announcing the tech organization’s intention to key vote the legislation:

January 15, 2020

Dear Leaders McConnell and Schumer:

On behalf of the members of the Information Technology Industry Council (ITI), I write to express our strong support for H.R. 5430, the United States-Mexico-Canada Agreement Implementation Act. Given the importance of this agreement to the technology sector, we will consider scoring votes in support of final passage in our 116th Congressional Voting Guide.

The U.S.-Mexico-Canada Agreement (USMCA) represents a landmark improvement in our relationships with two of our most important trading partners from the perspective of the tech sector, and a key step forward for U.S. leadership in innovation and digital trade. Notably, the USMCA contains first-of-its-kind, cutting-edge digital trade provisions that recognize the reality of the 21st century economy and would boost the U.S. economy and its competitiveness around the world.

American companies of all sizes and across all industries leverage technology and can expect to benefit from the USMCA’s digital trade and other tech-focused provisions. These provisions will promote the seamless flow of data across borders, allow companies to store data where it makes the most sense from the perspective of their business and customers, prevent costly tariffs and taxes on technology products and services, safeguard source code and algorithms by prohibiting requirements that companies divulge them as a condition of doing business, promote acceptance of U.S.-developed international standards, and create consistency in testing and certification procedures for tech goods.

We applaud the work and leadership that has gone into securing the opportunity to move forward with ratification of the USMCA, and urge you and your colleagues to support the implementing legislation for the agreement when it comes to the Senate floor.

Sincerely,
Jason D. Oxman President and CEO

cc: United States Senators

Public Policy Tags: Trade & Investment