Connection lost
Server error
Where you see wrong or inequality or injustice, speak out, because this is your country. This is your democracy. Make it. Protect it. Pass it on.
✨ Enjoy an ad-free experience with LSD+
Legal Definitions - International Trade Administration
Definition of International Trade Administration
The International Trade Administration (ITA) is a key division within the U.S. Department of Commerce. Its primary mission is to enhance the global competitiveness of American businesses, promote U.S. exports, and ensure fair trade practices worldwide. Essentially, the ITA works to strengthen the United States' position in international commerce and investment, helping American companies succeed in global markets and addressing challenges they face abroad or from foreign competition at home.
Imagine a small American company that manufactures specialized medical devices. They believe their products could be successful in European markets but lack the expertise to navigate complex international regulations, find distributors, or understand local market demands. The International Trade Administration could step in to assist this company by providing market intelligence, connecting them with potential foreign partners, and offering guidance on export procedures, thereby helping them successfully expand their sales overseas.
Consider a situation where American steel manufacturers are struggling because foreign competitors are selling steel in the U.S. at prices far below what it costs to produce, a practice known as "dumping." The International Trade Administration would investigate these claims of unfair trade practices. If confirmed, the ITA could recommend imposing duties (tariffs) on the imported steel to counteract the unfair pricing, ensuring a more level playing field for domestic producers.
Suppose a U.S. technology firm wants to sell its software in a rapidly growing Asian market, but faces significant non-tariff barriers, such as overly burdensome licensing requirements or discriminatory local content rules that favor domestic companies. The International Trade Administration would advocate on behalf of the U.S. firm and the broader American industry, engaging with the foreign government to address these barriers and ensure U.S. businesses have fair access to the market, strengthening America's overall trade position.
Simple Definition
The International Trade Administration (ITA) is a unit within the U.S. Department of Commerce. Its main purpose is to promote global trade and strengthen the United States' position in international trade and investment.