Title: The USMCA: A Second Chance to Strengthen Intellectual Property Protections in Trade Deals The upcoming joint review of the U.S.-Mexico-Canada Agreement (USMCA) presents an opportunity for President Trump and his administration to achieve a political and economic victory that was nearly accomplished during their first term, but ultimately fell short due to Congressional interference. The USMCA replaced the North American Free Trade Agreement (NAFTA), and its review will involve discussions on how the pact is working and any necessary updates. During Trump’s first administration, as Under Secretary of Commerce for Intellectual Property and Director of the U.S. Patent and Trademark Office, I was involved in negotiating the intellectual property aspects of this trade deal. The team secured numerous concessions from Mexico and Canada to strengthen IP protections, which are crucial in preventing foreign rivals from stealing technologies and designs from innovative American companies, reducing free-riding on America’s investment in innovation, and incentivizing domestic firms to boost their research spending and expand into global markets. However, one of the most significant concessions – requiring Mexico and Canada to offer 10 years of “regulatory data protection” for cutting-edge biologic medicines grown from living cell cultures – was unfortunately excluded from the final version of the agreement at the last minute. This omission can be attributed to House Speaker Nancy Pelosi’s intervention, who likely sought to protect pharmaceutical interests in her home state of California. The upcoming review offers a second chance for President Trump and his team to address this oversight and strengthen intellectual property protections within USMCA. By doing so, they can not only achieve a political victory but also contribute significantly towards promoting innovation and fostering economic growth both domestically and internationally. In conclusion, the upcoming joint review of the USMCA presents an important opportunity for President Trump’s administration to rectify past mistakes and strengthen intellectual property protections in trade deals. This not only benefits American businesses but also sets a precedent for future negotiations with other countries, ensuring that innovation remains at the heart of global commerce.
Source: [Original Article](https://www.foxnews.com/opinion/i-helped-negotiate-trumps-trade-deal-he-can-now-fix-what-pelosi-broke)
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