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SIA Blog

Tech Doubles Down on TPP

Posted by John Neuffer, President & CEO on Sep 13, 2016 5:45:00 AM

Throughout the many months of heated political rhetoric on trade this election cycle, one constant has been the unwavering and full-throated support from America’s most innovative companies for the Trans-Pacific Partnership (TPP), a landmark agreement that would tear down numerous barriers to trade with Pacific Rim countries. SIA and a coalition of tech leaders today reaffirmed their support for the TPP in a letter to congressional leaders, urging Congress to approve it before the end of the year.

The TPP would benefit the tech sector, the U.S. economy, and consumers the world over, and Congress should act swiftly to get it across the goal line in 2016.

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Topics: trade, TPP

Trade Panel Finds TPP Would Boost U.S. Economy, Create Jobs

Posted by John Neuffer, President & CEO on May 19, 2016 4:00:00 PM

The U.S. International Trade Commission (ITC) has found what SIA has long held: the Trans-Pacific Partnership (TPP) would strengthen U.S. economic growth, increase U.S. exports, and create U.S. jobs.

In a report released yesterday, the ITC found by 2032 the TPP would increase U.S. annual real income by $57.3 billion, boost U.S. GDP by $42.7 billion, and create 128,000 U.S. jobs. Additionally, U.S. exports to TPP countries would grow by $57.2 billion (5.6 percent), while U.S. imports from those countries would increase by $47.5 billion (3.5 percent). Other analyses, including one by the nonpartisan Peterson Institute, have found even more significant economic benefits of implementing the TPP.

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Topics: trade, TPP

Tech Weighs in on Presidential Agenda

Posted by John Neuffer, President & CEO on May 4, 2016 7:00:00 PM

As the presidential election year comes into sharper focus this week, the tech community is weighing in with the priorities it believes should be central to the public debate in the months ahead – priorities that are critical to sustaining a strong America and a strong American economy.

In an open letter sent today to the presidential candidates, SIA and the heads of 12 other tech associations representing thousands of U.S. companies and their employees wrote that “a central challenge of our time must be leveraging our strengths to expand opportunities and better prepare more citizens for the opportunities ahead.” To help meet this challenge and to ensure America remains at the forefront of economic and technological leadership, the associations attached to the letter a Technology Sector Presidential Platform that sets forth a series of policy recommendations. They are meant to:

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Topics: immigration, IP, tax, trade, research, patents, TPP

Beyond Borders: The Evolution and Importance of the Global Semiconductor Value Chain

Posted by Devi Keller, Director, Global Policy on May 4, 2016 11:30:00 AM

Few industries, if any, feature a value chain as complex, geographically dispersed, and intensely interconnected as that of the semiconductor industry. This highly globalized and interdependent structure has been an amazing success story, benefitting the semiconductor industry, participating countries, and the global economy.

These benefits, as well as the risks of an insular approach to developing a semiconductor capability, will be key topics at a panel discussion hosted by SIA and the Information Technology & Innovation Foundation (ITIF) this Friday, May 6, at 12:00 p.m. EDT (REGISTER HERE). Event participants, including SIA President & CEO John Neuffer, will also announce the findings of a new report outlining the evolution and importance of the global semiconductor value chain.

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Topics: trade, TPP

TPP Would Strengthen America’s Global Standing

Posted by John Neuffer, President & CEO on May 2, 2016 12:30:00 PM

Trade has been a frequent and heated topic of debate in the presidential campaign, including the economic impacts of the Trans-Pacific Partnership (TPP) agreement. Too often lost in the political rhetoric is this simple truth – the TPP would not only strengthen the U.S. economy but also America’s position of leadership in the world. A bipartisan group of eight former secretaries of defense recently sent a letter to Congress urging support for the TPP and emphasizing its significance for America’s global position:

“The TPP will deepen relationships with allies in the Asia-Pacific region, strengthen the U.S. economy, establish high standards that mirror U.S. interests and values, and contribute to a safer world for ourselves, our children, and our grandchildren … The United States cannot and should not fall behind on the world stage.”

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Topics: trade, TPP

The Semiconductor Seven: SIA’s Top Trade Priorities

Posted by Devi Keller, Director, Global Policy on Mar 9, 2016 4:30:00 PM

President Obama released his 2016 Trade Policy Agenda on March 2. This thick document includes a raft of trade priorities for this Administration, including major trade agreements either under negotiation or completed: Trans-Pacific Partnership (TPP), Transatlantic Trade and Investment Partnership (TTIP), Environmental Goods Agreement (EGA), Trade in Services Agreement (TiSA), and expansion of the Information Technology Agreement (ITA).  

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Topics: trade, ITA, TPP

Three Ways the TPP Strengthens the Semiconductor Industry

Posted by Devi Keller, Director, Global Policy on Jan 14, 2016 2:00:00 PM

SIA today testified at a hearing of the U.S. International Trade Commission (ITC) about the critical importance of the Trans-Pacific Partnership (TPP) to the U.S. semiconductor industry and the U.S. economy. Our core message was that trade is vital to the semiconductor industry’s ability to compete, innovate, and grow. SIA highlighted three specific ways the TPP promotes trade and strengthens our industry. 

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Topics: trade, TPP

Tech Industry Echoes President’s Call for Congressional Approval of TPP

Posted by John Neuffer, President & CEO on Jan 12, 2016 9:45:00 PM

During tonight’s State of the Union address, President Obama outlined a vision for America’s future that includes priorities of great significance to the tech industry. SIA applauds the President’s support for policies to advance U.S. innovation. We also strongly support his call for congressional approval of the Trans-Pacific Partnership (TPP), an enormous, landmark trade agreement that would strengthen the U.S. economy, bolster America’s global technology leadership, and help ensure the United States writes the rules for 21st Century trade. 

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Topics: trade, TPP