Inside Trade

May 23, 2025

Trump budget request calls for BIS boost, ITA program cut

By Brett Fortnam  / May 2, 2025 at 3:40 PM
President Trump’s fiscal year 2026 budget proposal includes a significant boost for trade and trade enforcement activities, including a major increase in funding for the Bureau of Industry and Security, and sharp cuts to other Commerce Department initiatives including the International Trade Administration’s global markets program. According to a summary released by the White House on Friday , the budget request “includes $134 million in targeted investments to strengthen trade enforcement and aggressively protect American innovation. This includes an additional...

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