Mexico tariffs averted, USMCA back in bullseye
Congress will soon decide whether to ratify the United States-Mexico-Canada Agreement, the tradeOpens a New Window. deal that would update NAFTA in several ways. Most importantly, the new pact would significantly strengthen intellectual propertyOpens a New Window. rights.
Without strong IP rights, the industries that enhance our lives would cease to function. Congress can set the stage for years of job creation and economic growth by ratifying the United States-Mexico-Canada Agreement (USMCA).
Innovation isn't cheap or easy. This is especially true in my industry of biopharmaceuticals. It costs an average of $2.6 billion and often takes more than a decade to develop just one new medicine.
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Without strong IP rights, the industries that enhance our lives would cease to function. Congress can set the stage for years of job creation and economic growth by ratifying the United States-Mexico-Canada Agreement (USMCA).
Innovation isn't cheap or easy. This is especially true in my industry of biopharmaceuticals. It costs an average of $2.6 billion and often takes more than a decade to develop just one new medicine.
Click Here to read more.