Last week, on February 22, the WTO Trade Facilitation Agreement entered into force. Originally signed in 2013 in Bali, and ratified by 113 countries so far, this was the greatest stride to establish common ground in trade since the creation of the WTO in 1994.
Sharing an SME’s perspective on cross-border trade as the Trump Administration’s trade team begins their work over the next four years.
It is my pleasure to work with US small- and medium-sized enterprises (SMEs) and US multinational corporations (MNCs) that support American jobs through exports. These savvy business men and women recognize that growth opportunities arise with sales to customers outside the United States, and work hard to develop and market high quality US products and services for overseas markets The full story is always more complex than the soundbites.
Throughout this year’s election, there has been a big focus on trade, specifically anti-free trade rhetoric and anti-TPP positions. In the first minutes of the first presidential debate on Monday, September 26, candidates focused on US trade policy as a whole and on ways the US should approach globalized trade. Encompassed in the arguments (and the soundbites) are several misconceptions on how trade actually works and the benefits it does provide. We thought it would be helpful to clarify some misleading statements from the debate. |
|