Earlier this week, the Alliance for Trade Enforcement submitted comments for the United States Trade Representative’s 2022 National Trade Estimate Report on Foreign Trade Barriers (NTE).
The National Trade Estimate Report on Foreign Trade Barriers is published every year and identifies barriers to U.S. exports, U.S. foreign direct investment, and U.S. electronic commerce. It is a valuable tool in enforcing U.S. trade laws and ensuring international trade operates by a fair, rules-based system.
This year, AFTE flagged the following trade barriers – among others – as obstacles that stand in the way of free trade:
- Mexico’s restrictive energy industry regulations
- Brazil and Indonesia’s local content requirements
- India and Korea’s weak protections for intellectual property
- Canada and Japan’s market access barriers for biopharmaceuticals
Ending unfair trade practices abroad is consistent with the Biden-Harris Administration’s Build Back Better Agenda and a National Trade Estimate Report that tackles these barriers can provide a framework for robust economic growth.