International Trade, Investment, and Regulatory Policy Objectives in 2020

Thursday, January 9, 2020 - 10:00am

The Chamber advocates for trade and investment agreements that are fair and accountable create a level playing field and put American families and workers first. 

In 2020, the Chamber will focus its efforts on the following: 
Our Priorities

Secure enactment of the U.S.-Canada-Mexico Agreement (USMCA) to retain the benefits of free trade in North America. 

Support continued negotiations to address China’s unfair trade and industrial policies. 

Advocate for the termination of U.S. tariffs on imports of steel, aluminum, and a wide range of goods from China—and threatened against imports of autos and auto parts—as taxes on American families and businesses that undermine U.S. competitiveness. 

Support the negotiation of ambitious, comprehensive trade agreements with Japan, the European Union (EU), and the U.K. that hew closely to the negotiating objectives established in the Bipartisan Congressional Trade Priorities and Accountability Act of 2015 (known as Trade Promotion Authority). 

Represent U.S. business interests in the Brexit negotiations and the U.K.’s negotiations to secure a new trade agreement with the EU that guarantees continuing, strong commercial ties. 

Ensure that the implementing regulations for the Foreign Investment Risk Review Modernization Act of 2018 (FIRRMA) keep the interagency Committee on Foreign Investment in the United States (CFIUS) focused specifically on legitimate national security concerns associated with inbound investment. 

Advocate for a balanced approach in implementing regulations for the Export Control Reform Act of 2018 that protects national security without unduly hindering legitimate commerce. 

Win congressional approval of permanent normal trade relations with Kazakhstan and its graduation from the Jackson-Vanik amendment to the Trade Act of 1974. 

Support full funding of the federal international affairs budget to advance U.S. economic interests, national security, and humanitarian values. 

Work to secure ratification of treaties for the avoidance of double taxation with respect to taxes on income with Chile, Hungary, and Poland.