April 18,2024
Washington, D.C.–At a U.S. Senate Finance Committee listening to on the President’s 2024 Commerce Coverage Agenda with United States Commerce Consultant (USTR) Katherine Tai, Rating Member Mike Crapo (R-Idaho) expressed concern with the President’s lack of negotiating actual commerce agreements and weak document on enforcement of present commerce agreements—the weakest of any Administration in 25 years.
Senator Crapo pressed Ambassador Tai to increase market entry and degree the enjoying area for American producers and corporations, together with by partaking with Japan to increase market entry for Idaho potato producers, a problem Crapo and colleagues just lately raised in a letter to President Biden. Crapo additionally urged USTR to make use of its accessible instruments to defend American firms in opposition to discriminatory Digital Providers Taxes (DST).
Click on right here to look at Senator Crapo’s opening assertion and right here to look at Crapo query Ambassador Tai.
On increasing entry for American potato producers to Japanese markets:
As , the Nationwide Potato Council, expressed disappointment with how Japan’s ban on U.S. potatoes appeared within the Nationwide Commerce Estimate (NTE), as a result of it didn’t seize the total extent of the issue. A variety of your stakeholders additionally took subject with this yr’s NTE due to your determination to chop out quite a lot of commerce companions from seeing if these limitations had been of their public curiosity. Did you are taking the chance to debate the ban of U.S. potatoes in your current conversations with Japan?
On discriminatory digital providers taxes:
Lately, whenever you had been requested about discrimination in opposition to U.S. know-how firms you stated: “how many of these American companies are actually really American companies?” as a result of they’re “actually paying taxes there as opposed to paying taxes here…” Truly, these firms pay billions of {dollars} in taxes right here, however they’re paying extra abroad—due to discriminatory digital providers taxes.
When you really feel it’s problematic that U.S. firms are paying extra taxes abroad, will you then decide to this Committee that you’ll really take motion in opposition to DSTs somewhat than simply take into account it? And, if nations proceed to maneuver ahead on implementation of their DSTs, will you are taking motion?
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