International Engagement | Page 3 | Business Roundtable

Contact

  • General Inquiries
    202.872.1260
    info@brt.org
  • Mailing Address
    300 New Jersey Avenue, NW
    Suite 800
    Washington, D.C. 20001
  • Media Contact
    Betsy Andres Stewart
    Senior Director
    bstewart@brt.org

Membership Contact
LeAnne Redick Wilson
Senior Vice President
​lwilson@brt.org

    

What is Business Roundtable

Business Roundtable (BRT) is an association of chief executive officers of leading U.S. companies working to promote sound public policy and a thriving U.S. economy.

More Than Leaders. Leadership.

Business Roundtable is an association of chief executive officers of leading U.S. companies working to promote a thriving economy and expanded opportunity for all Americans through sound public policy.

About BRT

Open markets for international trade and investment are essential for supporting U.S. economic growth and jobs. Business Roundtable supports policies that promote U.S. trade and investment, and create a level playing field for U.S. companies competing in global markets.

The Top Line: Inventories and Slowing Exports Hit GDP in Q3

The U.S. economy advanced at a 2.0% clip (revised) in Q3, significantly slower than the 3.9% growth in Q2, according to the Bureau of Economic Analysis' December release. Solid growth in consumer spending, business and residential investment, and government spending was partially offset by a slowdown in exports and a sharp decline in inventories.

For more detail, see this The Top Line report below.

Business Leaders Welcome Conclusion of Expanded WTO Information Technology Agreement

This important agreement will eliminate hundreds of tariffs on information technology products, increase the competitiveness of U.S. technology exports and reduce barriers to global trade.

Global Business Calls for Progress on a WTO Environmental Goods Agreement

We urge governments to conclude an ambitious Environmental Goods Agreement (EGA) that will eliminate tariffs on a broad range of environmental goods and technologies under the umbrella of the World Trade Organization (WTO).

CNBC Squawk Box: BRT President Engler Highlights Tax Reform, Trade

Business Roundtable President John Engler appeared on CNBC's Squawk Box this morning, interviewed by Michelle Carusa-Cabrera on the major economic issues concerning U.S. business leaders. "Slow economy ... underperforming against trend," Engler said. How to address it? Tax reform is the place to start.

But can it get done?

Business Roundtable Commends Public Release of TPP Text

We applaud the Administration and U.S. negotiators for their efforts to make the full text of the TPP agreement available publicly.

Business Leaders Commend House Passage of Ex-Im Bank Reauthorization

In fiscal year 2014, the Ex-Im Bank provided financing for $27.5 billion worth of U.S. exports through its approval of over 3,700 transactions for U.S. companies, including more than 3,300 for small businesses. These exports supported an estimated 164,000 American jobs at these companies, as well as companies in their U.S. supply chains.

Business Leaders Urge House Vote to Reauthorize the Export-Import Bank of the United States

Ex-Im Bank is a vital tool for promoting U.S. businesses of all sizes and American jobs in the competitive, global marketplace. Passage of H.R. 597 would help expand U.S. exports, create and support American manufacturing and jobs, and grow the U.S. economy, all at very little risk to U.S. taxpayers.

Business Leaders Welcome House Vote to End Ban on Oil Exports

BRT welcomed passage by the U.S. House of Representatives of H.R. 702, a bill to end the ban on U.S. oil exports.

Joint Letter in Support of Crude Oil Exports

We urge you to support H.R. 702, a bill to lift the self-imposed restriction on U.S. crude oil exports. Enactment of this important bipartisan legislation will benefit American consumers, create jobs right here at home, grow the economy, reduce our trade deficit, and bolster our strategic alliances abroad.

BRT's Engler: Every State Stands to Benefit from Trans-Pacific Partnership

Business Roundtable President John Engler was the keynote speaker last Wednesday, Sept. 30, at the Fourth Annual Trade and International Affairs Symposium sponsored by the Congressional Hispanic Leadership Institute. Engler emphasized the importance of policies such as modernizing U.S. taxes and fixing America's broken immigration system, highlighting the potential of the Trans-Pacific Partnership. Excerpts: 
 

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Committee Priorities

The United States and 11 other countries have completed the Trans-Pacific Partnership (TPP), a modern trade agreement that creates new opportunities for American manufacturing and services businesses large and small to compete in a global economy. The TPP cuts over 18,000 foreign taxes on American-made products, leveling the playing field for U.S. exporters.

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As business leaders representing every sector of the economy, we know that trade — both exports and imports — and U.S. trade agreements help drive America’s economic growth, competitiveness and job creation. Currently, trade supports more than one in five American jobs. Exports account for nearly 14 percent of overall U.S. GDP, and since 2004, U.S. exports have grown faster than GDP.

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Competing in the Global Marketplace

Business Roundtable supports policies that help U.S. companies and workers increase their competitiveness in the global marketplace and ensure that U.S. and foreign markets remain open for trade and investment. 

With over 95 percent of the world’s population and 80 percent of the world’s purchasing power outside of the United States, Business Roundtable supports: (1) Actively pursuing strategic bilateral and regional negotiations, including the Trans-Pacific Partnership (TPP) and the Transatlantic Trade and Investment Partnership (TTIP); (2) Actively pursuing plurilateral negotiations like the Trade in Services Agreement and an expanded WTO Information Technology Agreement; and (3) Vigorously enforcing U.S. rights under existing and future agreements.

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Trade Promotion Authority (TPA) is a critical tool for advancing the U.S. trade agreements to support U.S. economic growth and jobs.

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Emerging Growth Markets

Tapping into the world’s emerging markets – like China and India – is one of the keys to U.S. economic growth and job creation. Business Roundtable encourages constructive engagement by: (1) targeting the elimination of market access barriers and discriminatory treatment of U.S. exporters and investments; and (2) enforcing U.S. rights under international trade and investment rules to ensure that U.S. companies and workers are not disadvantaged by discriminatory foreign government policies.

Promoting Trade

Business Roundtable supports: (1) reauthorizing the U.S. Export-Import Bank to help U.S. companies compete for sales abroad and support the U.S. jobs that depend on those sales; (2) continuing to implement reforms to outdated U.S. export controls; and (3) increasing international regulatory cooperation through initiatives such as the TPP and TTIP negotiations and the high-level U.S. regulatory working groups with Canada and Mexico.