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USMCA Sets New Precedent for Modern Trade Rules, Says CompTIA

Dec 10, 2019

The following statement is attributed to Cinnamon Rogers, Executive Vice President of Advocacy, The Computing Technology Industry Association (CompTIA), regarding today’s announcement from House Democrats on the U.S.-Mexico Canada Agreement (USMCA):

“The USMCA sets a new precedent for modern trade rules. This new North American trade pact not only modernizes the rules for trade in the United States, but the entire North American economy. This landmark agreement contains the strongest digital and intellectual property chapters found in any free-trade agreement to-date, which will foster innovation for American companies across industries and will help ensure North America’s leadership for future technology R&D and manufacturing.

"Canada and Mexico are the tech industry’s leading partners for tech product exports accounting for one-third of U.S. tech goods exports, according to CompTIA’s Tech Trade Snapshot. Additionally, the USMCA is a victory for America’s workforce. More than 252,000 American jobs are directly supported by tech exports to Canada and Mexico. Congress can support and promote America’s global technology leadership by quickly approving the USMCA and CompTIA commends the U.S. Trade Representative (USTR) and Congressional House Members for their diligent work to finalize this landmark trade agreement."

About CompTIA
The Computing Technology Industry Association (CompTIA) is a leading voice and advocate for the $5 trillion global information technology ecosystem; and the more than 50 million industry and tech professionals who design, implement, manage, and safeguard the technology that powers the world’s economy. Through education, training, certifications, advocacy, philanthropy, and market research, CompTIA is the hub for advancing the tech industry and its workforce. Visit www.comptia.org to learn more.

 

About CompTIA Public Sector & Advocacy

CompTIA supports policies that positively impact the ability of the IT industry to develop, manufacture, and sell solutions in the global marketplace.  We work to promote investment and innovation, market access, effective cybersecurity, consistent privacy regulation, streamlined procurement, and research and development.  As the leading provider of vendor-neutral IT certifications, we also support efforts to promote a well-trained technical workforce.  Visit www.comptia.org to learn more.

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Fast Facts

  • $2 trillion – Estimated direct economic impact of the U.S. tech industry, representing 8.8% of the national economy.

  • 582,000 – Number of tech business establishments in the U.S.

  • 9.1 million – U.S. net tech employment at the end of 2022.

  • 286,400 – Estimated number of new technology jobs added in the U.S. in 2022.

  • 4.1 million – Number of postings by U.S. employers for tech job openings during 2022.