WASHINGTON, USA – The Office of the United States Trade Representative on Friday, submitted to Congress it’s Budget Justification for Fiscal Year 2023. This document includes USTR’s strategic objectives, accomplishments, and measurements for success for the upcoming fiscal year.
“Our Fiscal Year 2023 Budget will enable us to carry out president Biden’s vision for equitable, inclusive, and resilient trade policy while confronting the challenges of today’s global economy,” said Ambassador Katherine Tai. “Combined with president Biden’s Budget of the US government for Fiscal Year 2023, this represents an unprecedented, whole-of-government commitment to invest in the American people and position our country to maintain its global competitive edge in the 21st century. At USTR, we have made significant progress in the last year to put workers at the center of our trade policy, and this budget will provide the resources to continue that momentum.”
For the Fiscal Year 2023, the funding requirement for the office of the United States trade representative is $76.54 million. This includes $61.54 million available directly to USTR and $15.0 million allocated through the Trade Enforcement Fund. This request represents a $6.54 million increase above the FY 2022 Annualized CR level.
As ambassador Tai detailed to the House Ways & Means Committee and Senate Finance Committee this week in her written testimony on the President’s 2022 Trade Policy Agenda: “Trade must be grounded in fair competition, and workers should not have to compete against artificially low or unsafe working conditions. They should compete on the merits.” This budget will enable ambassador Tai and USTR to carry out this mission, advance president Biden’s trade priorities, and deliver important wins on behalf of American workers, producers, and businesses.
USTR’s Fiscal Year 2023 Budget Justification can be viewed here.
