[Federal Register Volume 85, Number 98 (Wednesday, May 20, 2020)]
[Presidential Documents]
[Pages 30823-30824]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2020-11064]


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  Federal Register / Vol. 85 , No. 98 / Wednesday, May 20, 2020 / 
Presidential Documents  

[[Page 30823]]


                Proclamation 10037 of May 15, 2020

                
World Trade Week, 2020

                By the President of the United States of America

                A Proclamation

                As the global leader in innovation and commerce, the 
                United States is willing to do business with any 
                country strongly committed to open, fair, and 
                competitive markets, benefitting our Nation's farmers, 
                ranchers, manufacturers, service providers, and 
                entrepreneurs. During World Trade Week, we reaffirm 
                that free, fair, and reciprocal trade is essential to 
                driving economic growth and ensuring a secure and 
                prosperous future for our Nation.

                For far too long, other countries have taken advantage 
                of American workers and producers through unfair and 
                unbalanced trade deals. Since my first day in office, 
                my Administration has worked tirelessly to rebalance 
                these harmful agreements in order to protect the 
                talent, hard work, and ingenuity of the American 
                people. We are negotiating with unrelenting and 
                uncompromising drive to modernize and improve existing 
                trade agreements and to secure new deals that are fair 
                and reciprocal. As a result, our Nation now enters this 
                new decade with deals in place and a philosophy of 
                trade that will benefit American workers, producers, 
                and consumers for years to come.

                In January, I was proud to deliver on my promise to end 
                the outdated and unbalanced North American Free Trade 
                Agreement, and I signed into law the United States-
                Mexico-Canada Agreement Implementation Act. This new 
                agreement opens up markets throughout North America for 
                American small- and medium-sized businesses across all 
                sectors of the economy. My Administration also 
                significantly updated one of our most consequential 
                trade deals, the United States-Korea Free Trade 
                Agreement, to include key provisions that increase 
                American exports and secure high-paying manufacturing 
                jobs in our Nation's auto industry. I also signed two 
                trade agreements with Japan to substantially expand 
                market access for American farmers and preserve 
                America's role in the growing digital economy.

                My Administration is also delivering on our promise to 
                begin rebalancing our trade relationship with China. 
                Through tough, honest, and open negotiations, we 
                reached a new deal with the People's Republic of China 
                this past January. The agreement preserves tariffs 
                while securing historic protections for intellectual 
                property, commitments to combat counterfeit goods, 
                safeguards against forced technology transfer, a 
                mechanism to address unfair currency practices, 
                promises for the purchase of $40 to $50 billion in 
                agricultural goods each year for the next 2 years, and 
                a strong dispute resolution mechanism to ensure timely 
                and effective implementation. In every negotiation, we 
                are putting American jobs and American workers first, 
                and we will continue working to secure a level playing 
                field for all American farmers, ranchers, and 
                businesses.

                This week, we recommit to supporting trade deals that 
                benefit hardworking Americans, continuing our legacy as 
                producers of world-class manufacturing, agriculture, 
                services, and technology. Through adhering to the 
                principles of free, fair, balanced, and reciprocal 
                trade, we will continue unleashing the limitless 
                potential of American workers and industry, building a 
                better world for individuals and communities throughout 
                our Nation and around the world.

[[Page 30824]]

                NOW, THEREFORE, I, DONALD J. TRUMP, President of the 
                United States of America, by virtue of the authority 
                vested in me by the Constitution and the laws of the 
                United States, do hereby proclaim May 17 through May 
                23, 2020, as World Trade Week. I encourage Americans to 
                observe this week with events, trade shows, and 
                educational programs that celebrate the benefits of 
                global trade to our country.

                IN WITNESS WHEREOF, I have hereunto set my hand this 
                fifteenth day of May, in the year of our Lord two 
                thousand twenty, and of the Independence of the United 
                States of America the two hundred and forty-fourth.
                
                
                    (Presidential Sig.)

[FR Doc. 2020-11064
Filed 5-19-20; 11:15 am]
Billing code 3295-F0-P