Why the United States May Confront Nontariff Attacks Against Tech Firms
I recently explained in Forbes that U.S. trade negotiators could leverage the planned withdrawal of anticompetitive federal regulations to obtain a cutback in foreign anticompetitive market distortions (ACMDs) that harm American firms and consumers.
A July 2 nonpartisan letter to senior administration officials from the Information Technology and Innovation Foundation (ITIF), joined by senior policy scholars, strikes a similar theme in calling on the administration to target foreign governments’ nontariff attacks (NTAs) on America’s leading technology companies. The letter recommends a three-pronged negotiating strategy to counteract NTAs. Administration adoption of that strategy could bestow substantial benefits on U.S. producers, workers, and consumers.