The Silicon Valley Organization today joined more than 300 state and local business associations from across all 50 states in expressing its support for a modernized North American Free Trade Agreement (NAFTA) and urging the Trump administration to “do no harm” as negotiations continue.
The silicon valley organization believes that economic freedom is imperative to long-term business attraction, retention and growth, and that nowhere is that more pronounced than throughout Silicon Valley. We support federal policies that allow employers to compete in the global marketplace, and that includes access to the best talent and innovative thinking from around the world. Further, we support policies that promote the openness and inclusion that have come to define our region and make it the world's economic engine.
Silicon Valley is the global capital of innovation. This is not just a catch phrase. Here we innovate, we don’t replicate; we lead, we don’t follow. You, as a successful businessman, can easily judge our region and state by the results: California has a GDP of $2.5 trillion, represents 10% of the national population (and 14% of its GDP), and if it were separate nation would be the seventh largest GDP in the world (greater than France, India and Italy).