Free Trade

Free Trade encourages innovation and opens new markets to American manufacturers. Free Trade Agreements (FTAs) allow U.S. tech manufacturers to compete abroad and establish rules-based environments which ensure that their innovations will be protected.

Latest Developments

No Labels Co-Founders Bob Franken and Ron Christie discuss trade with Gary Shapiro, President and CEO of the Consumer Electronics Association. Credit: No Labels Radio with Jon Huntsman on SiriusXM's POTUS Channel 124, September 28.
 
  • In December, President Obama announced a new U.S. policy approach towards relations with Cuba. This smart step will offer new market opportunities for U.S. companies and increase Cubans' access to the benefits consumer technology brings to the world.
  • Despite steady progress in December on several outstanding issues, negotiating parties at the World Trade Organization failed to come to a conclusion on updating the Information Trade Agreement (ITA). The agreement, which hasn't been updated since it was created 17 years ago, could have removed tariffs on an estimated additional $800 billion in information and communication technology trade globally.

Where We Stand

  • CEA supports an expansion of the ITA and has been working closely with the U.S. Trade Representative on updates that include modern technology products which are critical to ensuring the agreement’s many benefits will extend to consumers around the world.
  • Before Congress can approve trade negotiations, the president needs Trade Promotion Authority (TPA). Reauthorizing this authority would allow the president to negotiate trade agreements and present them to Congress as a simple up/down vote.
  • CEA does not support “Buy American” provisions because they hurt U.S. trade relationships.
  • CEA supports strong intellectual property policies, such as the Trade in Services Agreement (TISA), which address non-tariff barriers, cross-border data flows and transportation and financial services.
Outside our borders: 80 percent of the world's purchasing power, 92 percent of its economic growth and 95 percent of consumers. Developing countries buy over half of all U.S. exports.