Friday, May 29, 2020

Trade, Tariffs and Key International Legislation

What’s happening on an international level is very impactful to those in the technology industry, according to Nicole Bivens Collinson, President of International Trade, Government Relations and Federal Affairs at Sandler, Travis & Rosenberg, P.A. Bivens Collinson shared her thoughts during the Capitol Hill Speakers Series, part of the CompTIA DC Fly-In that took place in Washington

With more than 30 years of experience in government, public affairs and lobbying, Bivens Collinson provided DC Fly-In attendees a realistic snapshot view of what’s happening right now with regards to trade, how to mitigate tariffs and specific pieces of legislation the industry should keep its eye on.
The Trade War

Bivens Collinson began by addressing the hard stance the U.S. is now taking on some of our trading partners – particularly China – after withdrawing from the Trans-Pacific Partnership (TPP) two years ago. She emphasized that fact that constitutionally, governance of tariffs rests with Congress.

“Congress is the one who negotiates raises and lowers tariffs. Over the years, Congress has given some of that power to the President in certain situations when specific issues are perceived as unfair to the U.S.” she said.

The timing of President Trump’s State of the Union address (held on the evening before her remarks) proved very timely to this discussion. During the address the President asked Congress for support on the United States-Mexico-Canada Agreement (USMCA) and tariff powers. Bivens Collinson emphasized the importance of these free trade agreements coming down the pipe as they will affect the technology industry with regard to how data is treated, cross border data flows and more.
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