AGREEMENT BETWEEN THE UNITED STATES OF AMERICA AND THE HASHEMITE KINGDOM OF JORDAN ON RECIPROCAL TRADE

Key Points

• This agreement updates the trade relationship between the U.S. and Jordan to make it easier for American companies to sell products there. It removes extra taxes and rules that have limited trade in the past. For example, Jordan will eliminate a special tax on cars that are made in the U.S. and shipped directly to their country.
• The deal sets new rules for digital trade and technology. Jordan agreed not to create new taxes on U.S. digital services like streaming or software. It also prevents Jordan from forcing American companies to hand over their secret technology or computer code as a condition for doing business in the country.
• National security is a major part of this deal. Jordan has agreed to follow U.S. rules on which countries and companies can buy sensitive technology. They will also work with the U.S. to block investments from foreign countries that might threaten American interests, specifically regarding nuclear energy and high-tech goods.
• The agreement includes new protections for workers and the environment. Jordan must ban any goods made with forced labor within the next five years. They also committed to following international labor standards and promised not to weaken their environmental laws just to attract more business.
• American companies will get better access to Jordan's natural resources. The deal makes it easier for U.S. businesses to invest in mining and energy projects, like looking for critical minerals. In return, U.S. government agencies may help provide funding for these projects to help both countries grow their economies.

Impact Analysis

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