World Trade Week, 2024, 44905-44906 [2024-11389]

Agencies

• Executive Office of the President

[Federal Register Volume 89, Number 100 (Wednesday, May 22, 2024)]
[Presidential Documents]
[Pages 44905-44906]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2024-11389]




                        Presidential Documents 



Federal Register / Vol. 89, No. 100 / Wednesday, May 22, 2024 / 
Presidential Documents

[[Page 44905]]


                Proclamation 10761 of May 17, 2024

                
World Trade Week, 2024

                By the President of the United States of America

                A Proclamation

                This week, we recommit to ensuring that global trade 
                reflects America's highest values: fairness, 
                transparency, innovation, dignity, and opportunity for 
                American workers, American businesses, and American 
                families.

                For decades, our country embraced trickle-down 
                economics which rewarded wealth, not work. Companies 
                took their jobs overseas to get cheaper labor. 
                Factories closed down. Manufacturing slowed. Entire 
                communities became hollowed out as American workers 
                lost their paychecks and sense of pride.

                My Administration is changing that. Since I came into 
                office, we have focused on rebuilding our economy from 
                the bottom up and middle out--not the top down. We have 
                seen the results: We have created over 15 million jobs 
                since I took office, including nearly 800,000 
                manufacturing jobs. Unemployment has been at under 4 
                percent for more than 2 years for the first time in 
                more than 6 decades. A record 17 million Americans are 
                starting small businesses. As a result of investments 
                during my Administration, factories are coming back, 
                producing everything from semiconductors to clean 
                energy technology here at home. We have launched over 
                56,000 infrastructure projects across the country--
                rebuilding our Nation's roads, highways, bridges, 
                railroads, ports, airports, and so much more.

                As we rebuild at home, we are also ensuring American 
                workers and businesses have a fair shot abroad. 
                Together with 13 nations across the Indo-Pacific, we 
                are creating a new Economic Framework that will 
                strengthen our supply chains, raise labor standards, 
                advance our clean energy transition, and combat the 
                corruption that too often robs workers of a fair share 
                of the value they create. I am taking action to protect 
                American workers and businesses from China's unfair 
                trade practices and ensure they compete on a level 
                playing field, including increasing tariffs on $18 
                billion of imports from China to protect American 
                workers and businesses. At the same time, we are 
                working to increase trade with Kenya, Taiwan, and other 
                partners around the world.

                No region impacts the economic security of the United 
                States more directly than the Western Hemisphere. 
                Together with 11 partners, we have launched the 
                Americas Partnership for Economic Prosperity to build 
                more resilient supply chains, mobilize high-standard 
                investments in our partners' economies, and ensure that 
                trade-enabled growth means inclusive growth across all 
                of our nations. My Administration is helping to better 
                protect workers' rights, end unfair labor practices, 
                and support free and fair union elections. For example, 
                through the Partnership for Workers' Rights we launched 
                with Brazil, we are taking collective action to promote 
                workers' empowerment and end violations of workers' 
                rights, which is key to achieving sustainable economic 
                growth.

                My Administration has launched historic trade 
                initiatives with the European Union to promote clean 
                manufacturing and create new jobs on both sides of the 
                Atlantic. For example, through the Global Arrangement 
                on Sustainable Steel and Aluminum, we are partnering to 
                tackle non-market excess capacity and emissions 
                intensity in the steel and aluminum sectors, which 
                threaten the competitiveness of our workers and 
                producers. Together, we created

[[Page 44906]]

                the U.S.-E.U. Trade and Technology Council that has 
                deepened our cooperation on sustainable, high-standard 
                trade.

                The United States is also working with our partners to 
                combat non-market policies and practices and structural 
                overcapacity that distort global markets, create unfair 
                competitive advantages, and lead to dependencies that 
                make us vulnerable to coercion. From the G7 to our 
                partnerships with developing countries and our 
                engagement at the WTO, we are working across the board 
                to protect our workers, industries, and economic 
                security.

                As my Administration takes these steps, American 
                workers will remain front of mind. Through the first-
                ever Presidential Memorandum on Advancing Worker 
                Empowerment, Rights, and High Labor Standards Globally, 
                my Administration is making workers' rights central to 
                all of our international economic partnerships and 
                diplomacy, ensuring that workers get the dignity and 
                opportunity they deserve. We are working to expand 
                trade opportunities for communities that have too often 
                been left behind--including helping small businesses 
                compete in international markets through our new 
                National Export Strategy and making it easier for small 
                and medium sized businesses to access loans from the 
                Export-Import Bank of the United States. The Department 
                of Commerce launched a Global Diversity Export 
                Initiative to help minority-owned businesses overcome 
                barriers to entering international trade.

                All across our country, American workers are writing 
                the greatest comeback story our Nation has ever known. 
                This week and every week, my Administration recommits 
                to ensuring our trade supports them, protects them, and 
                helps forge a better future for our Nation--one where 
                no one is left behind and everyone gets a fair shot.

                NOW, THEREFORE, I, JOSEPH R. BIDEN JR., 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 19 through 
                May 25, 2024, as World Trade Week. I call upon all 
                Americans to observe this week and to celebrate with 
                appropriate programs, ceremonies, and activities.

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

[FR Doc. 2024-11389
Filed 5-21-24; 8:45 am]
Billing code 3395-F4-P