Black History Month celebrates the achievements of Black Americans and honors the pivotal role they have played in our nation’s history, from their contributions to building the original foundations of the American economy and our place in the world trade order to their leadership in the pursuit of equality, representation, and economic justice.
Still, we know there is more work to do. USTR and the Biden-Harris Administration recognize that Black Americans continue to face persistent challenges rooted in systemic barriers that have existed for centuries. It is why President Biden has prioritized advancing equity in policy outcomes since Day One of his administration. It is why he has built a historically diverse administration to lead a whole-of-government effort to create lasting change that makes a positive difference in people’s lives and livelihoods.
Advancing racial equity is a priority of the President’s 2021 Trade Policy Agenda and USTR’s strategic objectives. Our inclusive, worker-centered trade policy is designed to expand the table so that marginalized, underserved, and historically overlooked communities will secure their rightful place in realizing the benefits of trade.
To inform the design of more equitable trade and investment policy, I requested the United States International Trade Commission conduct an independent investigation of the distributional effects of trade policy, particularly as it impacts underserved and underrepresented communities. Beginning in March, the ITC will hold national roundtables, an academic symposium, a hearing, and will welcome public comments to inform its research and final report.
As we continue this unprecedented work to ensure equity is a cornerstone of trade policy, USTR will continue to seek input from civil and human rights leaders, Black workers, entrepreneurs, and officials, and minority-owned small businesses to inform better policy and build a broad base of support for trade policy’s contributions to sustainable economic growth and inclusive prosperity.