USTR releases 2021 President's Trade Agenda, 2020 Annual Report

06 Mar '21

1 min read

Pic: Shutterstock

The Office of the United States Trade Representative recently released delivered President Biden’s 2021 Trade Agenda and the 2020 Annual Report to Congress, detailing a comprehensive trade policy in support of the administration’s effort to help the United States recover from the COVID-19 pandemic and build back better. The agenda will create millions of jobs.

It will support US working families by tackling four national challenges: building a stronger industrial and innovation base so the future is made in America; building sustainable infrastructure and a clean energy future; building a stronger, caring economy; and advancing racial equity across the board, an official press release said.

The trade agenda will restore US global leadership by combatting forced and exploitative labour conditions, corruption and discrimination against women and minorities around the world.

Through bilateral and multilateral engagement, the Biden administration will seek to build consensus around trade policies that address the climate crisis, bolster sustainable renewable energy supply chains, level the playing field, discourage regulatory arbitrage, and foster innovation and creativity.

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