KORUS Five Years later: Triumphs and Challenges
The U.S.-Korea Free Trade Agreement (KORUS) has been in the news a lot recently as it reached its fifth anniversary and Vice President Pence traveled to South Korea and announced that the U.S. intends to “reform and renegotiate” the trade deal. With all this attention on KORUS, we thought this …
Read MoreEverything You Need to Know about the Border Adjustment Tax (BAT)
The new Administration and the Republican Congress are getting serious about tax reform. Just this week, Republican lawmakers commenced meetings to determine the path forward. The tax code has not been updated since 1986(!), so there is consensus that changes are long overdue. In fact, the United States has the …
Read More2017 WA Trade Conference Recap
It’s a unique time for trade policy, so WCIT was excited to host 2017’s Washington Trade Conference to discuss all the nitty-gritty details. We were proud to welcome over 250 from the local business community to mingle, learn, strategize, and problem solve. With a featured speaker list of congressional representatives, CEOs, and business …
Read More6 Unexpected Jobs that Need Trade
At WCIT, we’ve been fighting for high-standard trade since the 70s, and we often talk about Washington’s farmers, manufacturers, tech innovators, port workers, and retailers that rely on trade. But these workers are not the only ones that need strong policy to succeed in this competitive 21st century economy. Trade …
Read MoreNovember 8 is Coming: Assessing Candidate Trade Agendas with PIIE
This presidential election, trade is one hot topic. If you’ve eyed a newspaper or logged into a news app, chances are you’ve been inundated with negative (and incorrect) rhetoric about free trade agreements of past and present. As Clinton and Trump wrapped up scheduled debates last week, the Peterson Institute …
Read MoreRapid Response: WCIT Responds to Dean Baker Remarks against TPP
In his recent Huffington Post piece, economist Dean Baker presents several arguments against the Trans-Pacific Partnership (TPP). A recent data-driven analysis conducted by WCIT and the Association of Washington Business shatters these claims by calculating this agreement’s benefits for trade-dependent Washington state. Baker argues that “the classic story of gaining …
Read MoreWins for Washington: A Fireside Chat with Secretary Jewell About TPP
“With the TPP’s environmental and labor protections, we have the opportunity to lift the world up.” – Secretary Jewell When we invited U.S. Secretary of the Interior, Sally Jewell, to speak at our annual summer luncheon, we knew we were in for a treat. What we didn’t expect was to …
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