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As American Leadership Initiative (ALI) develops new trade and economic strategies for the United States, we are building on the strong foundation of our work in recent years. We are departing from both the current counterproductive disruptions that undermine American interests and values, as well as traditional strategies in place from the end of World War II to 2017. The latter were long overdue for change based on radically changed international and domestic conditions.
Over the previous couple of decades, we saw traditional trade agreements expand to include provisions on environmental and labor regulations. Under this Administration, we have seen an increasing range of items fall into trade negotiations. Tellingly, the agreement with the UK is called the U.S.-UK Economic Prosperity Deal, indicating the broader swath of issues covered. The framework includes a section on Strengthening Alignment and Collaboration on Economic Security, which includes “coordinating to address non-market policies of third countries,” and cooperating on use of “investment security measures, export controls, and ICT vendor security.”
The China framework agreement is even broader, including China’s agreement to issue critical mineral licenses, a loosening of U.S. export controls on certain technologies, and reopening U.S. visa access allowing Chinese students to study in the U.S.
As ALI launches its new initiative, Rebuilding American Economic Leadership, we will be examining how new economic agreements can be crafted to support U.S. economic and national security, as well as support our labor and environmental goals.
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