The National Foreign Trade Council (NFTC) today joined leading industry associations in urging President Trump and his administration to address discriminatory digital policies as part of ongoing trade negotiations.
In a letter signed by 9 associations and sent to President Trump on July 3, the group welcomed reports that the administration is seeking commitment in several areas, such as the Digital Markets Act (DMA) but warned that “[a]ny deal that does not explicitly address these issues would provide tacit approval to the EU and other governments that they are free to continue targeting U.S. innovators with discriminatory regulations, taxes, and fines.”
“The Trump Administration has repeatedly expressed its commitment to ensuring U.S. companies are not disadvantaged abroad”, said Tiffany Smith, NFTC Vice President for Global Trade Policy. “We saw this commitment play out in the DST negotiation with Canada and we hope the Administration follows a similar path in its talks with the European Union where there are several regulations and taxes, not just in the digital space, that are discriminatory and unreasonably burdensome for U.S. companies.”
Read the full letter here.
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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.
