Defending American Companies and Innovators From Overseas Extortion and Unfair Fines and Penalties

What Presidential Memorandum 2025-03188 says

Federal Register, Volume 90 Issue 37 (Wednesday, February 26, 2025) [Federal Register Volume 90, Number 37 (Wednesday, February 26, 2025)] [Presidential Documents] [Pages 10685-10687] From the Federal Register Online via the Government Publishing Office [www.gpo.gov] [FR Doc No: 2025-03188] Presidential Documents Federal Register / Vol. 90, No. 37 / Wednesday, February 26, 2025 / Presidential Documents ___________________________________________________________________ Title 3-- The President [[Page 10685]] Memorandum of February 21, 2025 Defending American Companies and Innovators From Overseas Extortion and Unfair Fines and Penalties Memorandum for the Secretary of the Treasury[,] the Secretary of Commerce[,] the United States Trade Representative[, and] the Senior Counselor to the President for Trade and Manufacturing Section 1. Purpose. In recent years, the gross domestic product of the United States' digital economy alone, driven by cutting-edge American technology companies, has been bigger than the entire economy of Australia, Canada, or most members of the European Union. Instead of empowering their own workers and economies, foreign governments have increasingly exerted extraterritorial authority over American companies, particularly in the technology sector, hindering these companies' success and appropriating revenues that should contribute to our Nation's...

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