Trade and Supply Chains

It has helped expand opportunities for over a billion people across the country and around the world, while promoting shared peace, stability, and security. Tens of millions of jobs in every state are supported by international trade, and American consumers benefit in the form of expanded access to goods and services at lower prices. However, the economic disruptions and shocks that the U.S. and countries around the world have experienced since the onset of the Covid-19 pandemic lay bare the ways in which international trade and supply chain resilience have become core national and global security concerns.  

By taking an integrated approach to trade and economic policy, rooted in both building the domestic foundation of our economic strength and actively engaging with partners to promote international trade that is open, inclusive, and fair, we can protect American interests and expand opportunity at home and aboard. This will entail striking a careful balance between two distinct but equally important priorities: actively pursuing new, more nimble, and functional international frameworks for economic cooperation, while making bold investments – at home and abroad – to strengthen American competitiveness and establish more resilient, secure, and transparent supply chains.