11 Tech Groups Urge USMCA Ratification as ‘Critical to Our Economic Future’
The U.S.-Mexico-Canada Agreement on free trade “is critical to our economic future and congressional approval will promote America’s global digital leadership,” wrote CTA, the Information Technology Industry Council, Semiconductor Industry Association and eight other tech groups Monday, urging its ratification. “Internet-connected small businesses are three times as likely to export and create jobs, grow four times more quickly, and earn twice as much revenue per employee,” they said. “Their success is thanks to America’s digital policy framework, and USMCA will modernize North American trade rules to better reflect that framework.” Passing the USMCA “would be a significant step” toward guaranteeing North American leadership in the global digital economy and establishing a “worldwide framework to address the challenges confronting global access and usage of digital trade,” they said. Also signing were ACT|The App Association, BSA|The Software Alliance, the Computer & Communications Industry Association, CompTIA, Internet Association, Internet Infrastructure Coalition, Software & Information Industry Association and TechNet.