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With end-of-year legislation to fund the government and provide pandemic relief under debate in Congress, it is important that legislation to renew the Generalized System of Preferences (GSP) and the Miscellaneous Tariff Bill (MTB) not get lost in the shuffle.
Sustainability and TradeAccording to the Office of the U.S. Trade Representative and OECD global trade in environmental goods exceeds $1 trillion annually.
CLAIM: The WTO was created in 1995 to manage the global economy, and in doing so has undermined U.S. sovereignty and drawn economic policymaking authority away from nation-states.
By John Murphy, U.S. Chamber of CommerceThe COVID-19 pandemic has inflicted a heavy toll on the United States in lost lives and mounting economic hardship. While our resilience is unquestionable, the pandemic has laid bare the inadequacies of some aspects of U.S. preparedness, and policy changes are clearly warranted.
International Principles on Export Restrictions in the COVID-19 Pandemic
International Principles for Safeguarding Essential Economic Functions in the COVID-19 Pandemic