In addition to these basic principles, we will focus on the following key objectives:
Ensuring that U.S. workers and businesses have a fair opportunity to compete for business – both in the domestic U.S. market and in other key markets around the world.
Breaking down unfair trade barriers in other markets that block U.S. exports, including exports of agricultural goods.
Maintaining a balanced policy that looks out for the interests of all segments of the U.S. economy, including manufacturing, agriculture, and services, as well as small businesses and entrepreneurs.
1 At this time, the Trump Administration is not proposing legislation with respect to the objectives or priorities outlined in this statement. See 19 U.S.C. § 2213(a)(3)(A)(iii).
2 | I. THE PRESIDENT’S 2017 TRADE POLICY AGENDA
Ensuring that U.S. owners of intellectual property (IP) have a full and fair opportunity to use and profit from their IP.
Strictly enforcing U.S. trade laws to prevent the U.S. market from being distorted by dumped and/or subsidized imports that harm domestic industries and workers.
Enforcing labor provisions in existing agreements and enforcing the prohibition against the importation and sale of goods made with forced labor.
Resisting efforts by other countries – or Members of international bodies like the World Trade Organization (WTO) – to advance interpretations that would weaken the rights and benefits of, or increase the obligations under, the various trade agreements to which the United States is a party.
Updating current trade agreements as necessary to reflect changing times and market conditions.
Ensuring that United States trade policy contributes to the economic strength and manufacturing base necessary to maintain – and improve – our national security.
Strongly advocating for all U.S. workers, farmers, ranchers, services providers, and businesses, large and small – to assure the fairest possible treatment of American interests in the U.S. market and in other markets around the world.
B. Top Priorities and Reasons Therefor
To achieve the objectives described above, the Trump Administration has identified four major priorities: (1) defend U.S. national sovereignty over trade policy; (2) strictly enforce U.S. trade laws; (3) use all possible sources of leverage to encourage other countries to open their markets to U.S. exports of goods and services, and provide adequate and effective protection and enforcement of U.S. intellectual property rights; and (4) negotiate new and better trade deals with countries in key markets around the world. Each of these priorities – and the reasons they are so important – are discussed in greater detail below.