In a June 20 letter, several major business groups joined USCIB in defending investor safeguards in existing trade agreements amid a push by some lawmakers and civil society organizations to remove them. The letter makes the key point that investor “safeguards” are critical to facilitate foreign direct investment that advances the administration’s goals to facilitate the green transition, bolster supply chain resilience, and counter the Chinese Belt and Road Initiative.  

Read the letter here and a related Inside US Trade article here (paywall enforced).