PROMOTING FAIR AND EQUAL TRADE:
President Trump kept his promise to crack down on trade cheaters and to promote fair and equal trade for all Americans.
In his first year in office, President Trump took action to protect America’s critical steel and aluminum industries, which were harmed by unfair trade practices and global excess capacity.
● After an investigation, the Trump Administration found that global dumping of steel and aluminum had critically weakened the United States capacity to produce steel and aluminum in times with national security implications.
● The President exercised his authority to impose a 25 percent global tariff on steel imports and a 10 percent global tariff on aluminum imports in order to protect our national security.
● The tariffs on steel and aluminum will reduce imports to levels needed for domestic industries to achieve long-term viability.
● In turn, the strengthening of our domestic steel and aluminum industries reduces our reliance on foreign producers.
● As a result, these industries will be able to re-open closed mills, sustain a skilled workforce, and maintain or increase production.
Upon entering office, the Trump Administration began renegotiations of trade agreements that contribute to the U.S. trade deficit and harmed American workers.
● One of President Trump’s first actions was to withdraw the United States from the Trans-Pacific Partnership, advancing his agenda to protect American workers.
The President kept his promise to roll back the Obama Administration's bad deal on Cuba that benefited the Cuban regime at the expense of the Cuban people.
● The Treasury Department and State Department placed sanction on Cuba to channel economic activity away from the Cuban government, particularly the military, and towards the people of Cuba.
With the completion of the United States-Mexico-Canada trade agreement, the Trump Administration successfully fulfilled President Trump’s promise to renegotiate the North American Free Trade Agreement.
● The USMCA is a modern trade agreement that opens new markets for U.S. farmers and manufacturers, will encourage increased manufacturing in the U.S., and allow workers and small businesses to flourish.
The Trump Administration made enforcement of U.S. trade laws a top priority and has continually exercised its ability to block harmful trade practices and exchanges.
● To defend U.S. national security interests, President Trump blocked a foreign company from acquiring a U.S. business for only the fourth time in history.
● Since President Trump was sworn into office, the Department of Commerce has initiated 79 antidumping and countervailing duties (AD/CVD) investigations.
● The U.S. Trade Representative (USTR) self-initiated a Section 301 investigation into whether Chinese policies, acts, and practices related to technology transfer, licensing, and intellectual property are unreasonable or discriminatory.This is the first use of Section 301 since 2001.
● The Administration blocked the state backed Chinese phone company Huawei from operating in the U.S.
The President’s Administration conducted 82 antidumping and countervailing duty investigations in 2017.
● This was a 58 percent increase in investigations over 2016.
In January 2017, the President announced new safeguard tariffs on imported large residential washing machines and solar cells.
The Trump Administration successfully litigated WTO disputes targeting unfair trade practices and protected our right to enact fair trade laws.
● In February 2018, USTR won a WTO compliance challenge against China’s unfair antidumping and countervailing duties on U.S. poultry exports, and China announced the termination of those duties.
● In November 2017, the United States won a WTO dispute regarding Indonesia’s unfair import licensing regime restricting U.S. agricultural exports.
● In October 2017, a WTO compliance panel found that U.S. tuna labeling rules designed to inform consumers about safe fishing practices were consistent with WTO standards.
● In September 2017, the WTO rejected allegations by the European Union that Boeing was receiving prohibited subsidies.
● In June 2017, a WTO compliance panel rejected almost all claims by the European Union that alleged U.S. subsidies to Boeing were causing serious prejudice to Airbus, instead finding that 28 of 29 challenged programs were consistent with WTO rules.
CRACKING DOWN ON CHINA FOR ITS TRADE CHEATING
The President directed his Administration to consider a range of actions to respond to China’s acts, policies, and practices involving the unfair and harmful acquisition of U.S. technology.
In August, the Trump Administration launched an investigation under Section 301 of the Trade Act of 1974 into Chinese acts, policies, and practices related to technology transfer, intellectual property, and innovation.
● This was the first Section 301 investigation since 2013.
● The U.S. Trade Representative (USTR) confronted China’s discriminatory technology licensing practices through a World Trade Organization (WTO) dispute proceeding.
● USTR led an extensive investigation based on a thorough analysis of evidence and comments received from academics, think tanks, law firms, trade associations, and American companies and workers.
The investigation concluded that China forces U.S. companies seeking to license technologies to Chinese entities to do so on non-market based terms.
● China imposes contractual restrictions on the licensing of intellectual property and foreign technology into their country but does not put the same restrictions on contracts between two Chinese enterprises.
The investigation concluded that China directs and unfairly facilitates investments and acquisitions to generate large-scale technology transfers from U.S. companies to Chinese entities.
● A Chinese government-backed fund helped Apex Technologies Co., a Chinese investment consortium, acquire a U.S. computer-printer maker which had previously sued Apex over patent infringement.
The investigation concluded that China conducts and supports cyber intrusions into U.S. companies to access their sensitive commercial information, such as trade secrets.
● In 2014, the U.S charged five Chinese military hackers for cyber-espionage committed against U.S. corporations and a labor organization for commercial advantage.
● An interagency analysis estimated that China's unfair acts, policies, and practices caused tens of billions in dollars in damages to the United States each year.
In response to China’s rampant trade cheating, the Trump Administration has placed 25 percent tariffs on approximately $250 billion worth of products that are supported by China’s unfair industrial policies
RESTORING AMERICA'S FOREIGN POLICY: President Trump has gone around the globe working to restorebolster our allies and restore America’s prominence in global diplomacy.
President Trump went on a historic 12-day tour through Asia, including visits to five countries and attended three regional summits to promote America’s interests.
● South Korea and Japan pledged to build closer defense collaboration with the United States, and the President underscored the commitment of the United States to providing advanced military equipment.
● Cooperation was boosted between the Quad countries (the United States, Japan, India and Australia) on the sidelines of ASEAN in Manila.
● President Trump reaffirmed the commitment of the United States to promote prosperity and security in the region by modernizing America’s development finance institutions and increasing their coordination with Japanese counterparts.
President Trump traveled to the Middle East and Europe to solidify relations with our allies in both regions and to push for greater commitments and cooperation.
● President Trump visited Mecca, Jerusalem, and Rome, three of the world’s holiest places.
● In Saudi Arabia, President Trump pushed for a coalition of nations to confront Iran and attended the opening of the Global Center for Combating Extremist Ideology.
● President Trump persuaded allies to develop national plans to boost defense spending up to two percent of GDP by 2024, and for NATO to formally join the coalition to defeat ISIS at the 2017 NATO Leaders’ meeting.
President Trump visited Poland and a meeting of the G-20, where he pushed for closer cooperation and American First policies.
● With G20 partners and the World Bank, the U.S. championed the establishment of the Women Entrepreneurs Finance Initiative (WeFi), which could leverage in excess of $1 billion in financing to support women entrepreneurs.
President Trump followed through on his promise and recognized Jerusalem as the capital of the State of Israel and directed the relocation of the U.S. Embassy. After announcing the United States' recognition of Jerusalem as the capital of Israel, President Trump quickly and efficiently opened the Embassy in Israel at a low cost to taxpayers.
● The State Department announced the new US Embassy in Israel would move to Jerusalem.
● The Trump Administration withdrew from UNESCO to show it would not stand for the anti-Israel bias of the organization.
● In December 2018, the United States officially recognized Jerusalem as the capital of Israel.
● On May 14, 2018, the United States officially opened our Embassy in Jerusalem, Israel, 70 years to the day that President Truman recognized Israel as an independent country, making the United States the first nation to do so.
● In 2019, the Trump Administration recognized the Golan Heights as part of Israel becoming the first country to officially do so.
Under President Trump, the United States has worked tirelessly to combat extremism and stick up for religious minorities.
● During his first international trip, President Trump pushed for a coalition of nations to confront Iran and attended the opening of the Global Center for Combating Extremist Ideology. It was created to empower Muslim-majority countries in fighting radicalization.
● President Trump directed the State Department to send aid through USAID directly to Christians and other minorities facing genocide in the Middle East.