Washington, D.C. – National Foreign Trade Council (NFTC) Vice President for Global Trade Policy Tiffany Smith issued a statement today on the House Ways & Means Trade Subcommittee hearing on “Maintaining American Innovation and Technology Leadership.”
“Today’s hearing underscores the important role the United States should play in creating a globally competitive environment where American innovators, creators, technology, and services firms can thrive. Thank you to the subcommittee for calling today’s hearing and to the members for their longstanding staunch support for U.S. technological leadership.
“Crucially, the United States must continue to push back on foreign government actions that discriminate or disadvantage U.S. companies, and we thank the administration for their continued commitment and recent successes in this area.
“However, governments around the world continue to seek to protect their markets and profit from U.S. companies’ success. We urge Congress and the administration to continue fighting to level the playing field so that American businesses can continue to deliver cutting-edge technologies, products, and services around the world.”
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About the NFTC
The National Foreign Trade Council (NFTC) is the premier business association advancing trade, tax, national security and supply chain policies that support access to the global marketplace. Founded in 1914, NFTC promotes an open, rules-based global economy on behalf of a diverse membership of U.S.-based businesses, who account for over $6 trillion in revenue and employ nearly 6 million people in the United States.