To succeed, a robust trade policy requires domestic policies that will build a highly skilled workforce, strengthen America’s leadership in research and development, enforce and protect U.S. intellectual property rights around the world and institute globally competitive corporate tax policies.
Other countries are actively pursuing trade and investment initiatives to open up international markets for their companies and workers to sell more of their products and services. We need to step up our efforts on our own existing initiatives and commit ourselves to pursuing new market-opening initiatives to help further support U.S. economic growth and jobs. Simply put, we need more of a sense of urgency on trade in the United States.
John Engler is a former three-term governor of Michigan and president of Business Roundtable.