Presidents -- United States -- Messages; United States -- Politics and government -- Sources
Close consultations with the private sector in the United States have
enabled U.S. trade negotiators to pinpoint obstacles to U.S. trade in
services, and to build a basis for future negotiations. Services have been
an increasingly important source of export earnings for the United States,
and the United States must assure continued and increased access to foreign
markets.
The trade position of the United States has improved. But vigorous efforts
are needed in a number of areas to assure continued market access for U.S.
exports, particularly agricultural and high technology products, in which
the United States continues to have a strong competitive edge. Continued
efforts are also needed to remove many domestic disincentives, which now
hamper U.S. export growth. And we must ensure that countries do not
manipulate investment, or impose investment performance requirements which
distort trade and cost us jobs in this country.
In short, we must continue to seek free--but fair--trade. That is the
policy my Administration has pursued from the beginning, even in areas
where foreign competition has clearly affected our domestic industry. In
the steel industry, for instance, we have put Trigger Price Mechanism into
place to help prevent the dumping of steel. That action has strengthened
the domestic steel industry. In the automobile industry, we have worked--
without resort to import quotas--to strengthen the industry's ability to
modernize and compete effectively.
SMALL BUSINESS
I have often said that there is nothing small about small business in
America. These firms account for nearly one-half our gross national
product; over half of new technology; and much more than half of the jobs
created by industry.
Because this sector of the economy is the very lifeblood of our National
economy, we have done much together to improve the competitive climate for
smaller firms. These concerted efforts have been an integral part of my
program to revitalize the economy.
They include my campaign to shrink substantially the cash and time
consuming red tape burden imposed on business. They include my
personally-directed policy of ambitiously increasing the Federal
contracting dollars going to small firms, especially those owned by women
and minorities. And they include my proposals to reinvigorate existing
small businesses and assist the creation of new ones through tax reform;
financing assistance; market expansion; and support of product innovation.
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