Trade is a Pillar of Economic Policy: U.S. Economic Growth and Jobs Depend on Domestic and International Policy Initiatives | Business Roundtable

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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.

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The Administration, Congress and private sector need to collaborate on a range of domestic economic policy initiatives. These include modernizing the tax system, taking a smarter approach to regulation, investing in infrastructure and helping Americans develop new skills throughout their lifetime.

We also need to recognize that the U.S. economy will not realize its full potential unless the United States does more to create trade opportunities with other countries and attract foreign direct investment to the United States. The U.S. economy and American jobs benefit from both U.S. exports and imports and their central role in global and regional supply chains, which also lower costs for U.S. consumers. Expanded trade will allow U.S. companies and workers to sell more American-made goods and services to the 95 percent of the world’s consumers who live outside the United States. A fully functioning and globally competitive U.S. Export-Import Bank is a vital trade tool for maximizing such U.S. export opportunities and directly and indirectly supporting American jobs at U.S. companies of all sizes.