U.S. Chamber of Commerce President and CEO Thomas J. Donohue today sent a letter to Treasury Secretary Steven Mnuchin on the potential for a European Digital Services Tax (DST).Read the letter below:October 29, 2018
- Outside our borders are markets that represent 80% of the world’s purchasing power, 92% of its economic growth, and 95% of its consumers. Developing countries buy over half of all U.S. exports.
- More than 41 million Americans jobs depend on trade. Half of all manufacturing jobs depends on exports, and one in three acres on American farms is planted for hungry consumers overseas.
- Many foreign countries still maintain steep tariffs and other barriers against U.S. exports, while the U.S. market is largely wide open. American workers and farmers deserve the opportunity to compete—and succeed—on a level playing field.
The U.S. Chamber's Plan to Help Americans Compete and Win in the Worldwide Economy
The United States faces a choice to reach out and seize the benefits of international engagement, or retreat into isolationism. This choice is central to the competitiveness of the U.S. economy and the hopes of hardworking citizens pursuing the American Dream.
America has the most open economy and society in the world. Americans appreciate the benefits of engagement by a two-to-one margin, but some question this openness, wondering whether the unfettered flow of goods, capital, and people helps or hurts the average family. While some are hurt -- and should be helped -- the facts will show that the overwhelming majority of Americans derive great benefits from international engagement.
Read the full International Agenda Here
International Policy Staff
- John Murphy, Senior Vice President, International Policy
- Kris Denzel, Senior Director, International Policy
- Elizabeth Guillot, Coordinator, International Policy
Center for Global Regulatory Cooperation (GRC)
- Sean Heather, Vice President, Center for Global Regulatory Cooperation GRC and Executive Director, International Policy & Antitrust Policy
- Alex Botting, Director, Center for Global Regulatory Cooperation
- Kara Sutton, Director, Center for Global Regulatory Cooperation
- GRC Website
Above the FoldSep 25, 2018 - 5:00pm
More than $1.9 billion in Virginia exports are being threatened by the emerging trade war.
Above the FoldAug 29, 2018 - 10:00am
The tit-for-tat escalation of the tariff war continues. China imposed tariffs on an additional $16 billion in U.S. exports on August 23.
Above the FoldAug 06, 2018 - 9:00am
The U.S. Chamber crunched the numbers on the proposed bailout for the trade war.
Above the FoldAug 01, 2018 - 2:15pm
Quickly confirming strong nominees to lead the bank and reestablishing its quorum should remain a top priority.
SpeechJul 30, 2018 - 9:45am
Indo-Pacific Business ForumRemarks as prepared for delivery byTHOMAS J. DONOHUEPresident and CEOU.S. Chamber of Commerce Good morning everyone.
Above the FoldJul 30, 2018 - 5:00am
The best way to protect American industries from a damaging trade war is to avoid entering into one in the first place.
Above the FoldJul 26, 2018 - 11:30am
Pretty much everything in a brewery that isn’t an ingredient or a stool is made of metal.