PROTECTING SMALL BUSINESS, PROMOTING ENTREPRENEURSHIP

SBE Council Statement on Signing of U.S.-Japan Trade Agreements

By at 7 October, 2019, 9:38 pm

NEWS

For Immediate Release

Washington, D.C. – Small Business & Entrepreneurship Council (SBE Council) president & CEO Karen Kerrigan issued the following statement in response to the signing of the United States-Japan Digital Agreement and the agreement with Japan on opening agricultural markets for American farmers:

“We applaud President Trump and his team of negotiators for advancing these important agreements. The digital environment and economy require modern rules of the road to ensure the seamless cross-border transfer of data, and protections against new barriers that may emerge such as duties on electronic transmissions and discrimination against digital products, among other practices. This is especially important for small businesses, and to ensure that innovation is fully supported in the U.S., Japan and across the world. The digital pact between the U.S. and Japan replicates what is included within USMCA, and it is why Congress must advance this agreement as soon as possible. Predictability and certainty are important for investment, business growth and our workers, and passing USMCA on the heels of the Japan agreement is the type of action and momentum the U.S. economy needs.

“Moreover, the elimination of tariffs on specified agriculture exports and the phasing out of tariffs on other products is great news for our agriculture industry, which is dominated by small businesses and family-owned farms.  These two agreements with Japan represent a strong and solid beginning to a comprehensive agreement, and will provide high-value access to the world’s third largest economy for American businesses and farmers.”

Read the USTR Fact Sheet on the agreements here.

Contact:

Karen Kerrigan, SBE Council president & CEO

e-mail: kkerrigan@sbecouncil.org 

SBE Council is nonpartisan advocacy, research and education organization dedicated to protecting small business and promoting entrepreneurship. For 25 years, SBE Council has worked on and advanced a range of private sector and public policy initiatives to strengthen the ecosystem for strong startup activity and small business growth. Visit www.sbecouncil.org for additional information. Twitter: @SBECouncil

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