Remove Barriers Hurting US Services Exporters, President's Export Council Says

The White House should do more to remove foreign trade barriers for U.S. services exports, enforce existing trade services agreements and take other steps to help the American services export industry, the President’s Export Council said in a letter earlier this month. The letter, written by council chair Mark Ein, said American services exports are “often subject to market access restrictions and discriminatory treatment as governments seek to favor their own services companies, and current “impediments are already significant and growing.”

The letter recommends several steps the Biden administration should take to emphasize market access for American services as a “key pillar of U.S. trade policy.” It specifically said the council believes the World Trade Organization’s General Agreement on Trade in Services “could be improved” to better help U.S. services exporters, and “this is especially important at the present time given the rising level of domestic restrictions targeting services and digitally delivered services.”