FTAs Seen as Critical to Protecting American Intellectual Property
The U.S. will jeopardize protection for American intellectual property if it fails to lock down the Trans-Pacific Partnership and the Transatlantic Trade and Investment Partnership, said House Ways and Means Republicans in a March 11 blog post (here). “Merchandise exports…
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of IP-intensive industries account for more than 60 percent of total U.S. merchandise exports,” said the blog. “Protecting intellectual property leads to a stronger American economy -- one that continues to drive innovation. And when we sign trade agreements with other countries, they agree to protect our intellectual property. In other words, everyone must follow the rules.” The committee also again pushed for Trade Promotion Authority in the blog.