2017 is shaking up international trade. The new US presidential administration may follow a very different approach to trade policy than prior recent US administrations, and many other global changes are creating trade uncertainties for businesses and governments worldwide. The materials below are intended to help you prepare for some of the risks and opportunities that lie ahead.
- Checklist: Preparing for potential US trade policy changes in 2017 and beyond. This checklist is designed to help you focus on steps you can take now to get ready for possible US trade policy shifts under a new presidential administration.
- Click here to view the Japanese version of this checklist.
- Trade Issues for Asia Business in 2017. For almost a decade, the US government led talks on an ambitious, cutting-edge Asia-regional trade agreement called the Trans-Pacific Partnership (TPP). Then the picture changed with the US election. The TPP appeared to be dead. And businesses were hearing more reports about another Asian trade agreement still under negotiation, the Regional Comprehensive Economic Partnership (RCEP), to which the US, Canada and Mexico are not parties. The RCEP has been widely characterized as a China-led agreement that competes with the TPP and is against US interests. North American businesses are rightly concerned about the effect of these developments on trade and investment in the Asia region.
- President Trump Signs Executive Order Calling for Omnibus Report on Significant Trade Deficits (April 2017)
- USTR Releases President Trump's National Trade Policy Agenda for 2017 (March 2017)
- Border-Adjustable Taxes under the WTO Agreements (January 2017)
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