Increase the Economic Impact of U.S. Trade
A Department of Commerce Agency Priority Goal (APG) is a two-year initiative to improve performance of a specific high-priority policy or management area. Each APG has a goal leader, results-based goal statement, strategies, a plan of actions and milestones, and measurable performance targets. Most importantly, accomplishing an APG will have a significant positive impact on the lives of all U.S. citizens. This is one of five APGs the Department of Commerce has for 2020-2021.
Goal Leader: Joseph Semsar, Acting Under Secretary for International Trade
Goal Statement: The Department of Commerce International Trade Administration (ITA) supports jobs for American workers and strengthens U.S. economic and national security by facilitating U.S. exports and inward investment. In fiscal years (FY) 2020 and 2021, ITA will increase the dollar value of U.S. exports and inward investment facilitated by 10 percent annually, while ensuring that over 75 percent of U.S. exporter clients assisted are small and medium-sized enterprises (SMEs).
Progress Update Summary: The Department's ITA assisted over 17,000 U.S. exporter clients through Q2. ITA reduced, removed, and prevented 71 trade barriers through Q2, ten of which ensured our trading partners were compliant with their trade agreement obligations. And, ITA assisted over 3,100 investment clients through Q2. Click here to read the detailed Q1-Q2 FY 2020 Progress Update.
Learn More About the Department of Commerce and Trade: ITA strengthens the competitiveness of U.S. industry, promotes trade and investment, and ensures fair trade through the rigorous enforcement of our trade laws and agreements. ITA works to improve the global business environment and helps U.S. organizations compete at home and abroad. https://www.trade.gov/
Four Key Milestones:
- Promote and Advocate for U.S. Exporters Around the Globe
- Reduce, Remove, and Prevent Foreign Trade Barriers
- Attract Business Investment into the United States
- Equip and Develop ITA’s Workforce for the 21st Century