Business Forward Trade Archives - Business Forward

Trade

More than 95 percent of the world's consumers live outside the United States, and they hold 75 percent of the world's buying power. Between now and 2060, half of global economic growth will come from developing countries.

Each year, the U.S. exchanges more than $5 trillion worth of goods and services with our trading partners. This trade supports one in five U.S. jobs. Small and medium-sized businesses — which account for 98 percent of exporters — are especially reliant on trade.

As the global supply chain becomes increasingly interconnected, international trade is becoming a larger part of the market share for businesses of all sizes. American manufacturers, innovators, services firms, and technology companies must participate on equal footing in the global economy. We need modern trade deals that open up new markets and break down trade barriers and market access restrictions. Recent comprehensive agreements with Mexico and Canada (USMCA) and Korea (KORUS), along with limited pacts with China, Japan, and Brazil, can serve as baseline references for new treaties with the United Kingdom and South Africa. Meanwhile, ongoing negotiations with the World Trade Organization present another opportunity for U.S. leaders to shape the next generation of rules-based, high-standard trade.

Local business leaders have an extraordinary opportunity to influence the next generation of trade deals. We recommend four principles to guide them. The first is to embrace the opportunity to write trade rules and create a level playing field for all trading nations. Second, we should expand the definition of American interests by assessing the impact of potential agreements on workers and consumers in every state. Third is to ensure better enforcement by including in deals the necessary teeth to achieve desired results. Lastly, our approach to trade should prioritize a larger package for American workers by focusing on strengthening wages, benefits, and skills at home.

Reports

Media

ARE WE WINNING THESE TRADE WARS?

Trade

ANSWERING AMERICA: ARE WE WINNING THESE TRADE WARS?

Answering America, Trade

News & Events

170+ BUSINESS LEADERS SIGN IN SUPPORT OF THE AMERICAN RESCUE PLAN

Access to Capital, Climate & Clean Energy, ...

BUSINESS FORWARD RELEASES REPORT TRUMP SLUMP IN EXPORTS AND FOREIGN INVESTMENT

Foreign Policy, Trade

Business Forward: Tariffs are Destroying Demand for Products Manufactured in U.S.

Trade

General Motors’ announces that it will idle U.S. factories: Statement by Business Forward President Jim Doyle

Trade

Business Forward Report Explains the Damage from the Trump Trade War

Trade

Business Forward’s Latest American Steel Index Report: Escalating Trade War Threatens 460,000 jobs

Trade

Business Forward’s Latest American Steel Index Report: Escalating Trade War Threatens 460,000 jobs

Trade

Business Forward’s Latest American Steel Index Report: Harm to American Manufacturers Continues

Trade

Business Forward’s Latest American Steel Index Report: Harm to American Manufacturers Increases; $270 Billion in Auto and Aerospace Exports at Risk

Trade

Business Forward’s Latest American Steel Index Report: Tariffs’ Harm to American Manufacturers Growing

Trade

Business Forward Announces American Steel Index

Trade

Business Forward’s Latest American Steel Index Report: Price Difference Nearly Double Since February

Trade

Business Forward’s Latest Steel Index: U.S. manufacturers paying 25% more than foreign competitors

Trade

Business Forward’s Latest Steel Index: American manufacturers paying 25% more than foreign competitors

Trade

Business Forward’s Latest American Steel Index Report: Tariffs’ Harm to American Manufacturers Growing

Trade

Business Forward’s Monthly Steel Index Will Track Trump Tariff Effect

Trade

From The Hill: International trade: Big business for small businesses

Small Business, Trade

Business Leaders Share Advice on NAFTA

Trade