International Trade and the Global Pandemic: Impacts of COVID-19 on Washington’s Trade Economy
The WTO Predicts Global Goods Trade Will Decrease by Up to 32% Due to COVID-19. In our newest research, we examine the economic slowdown on Washington state’s top trade partners and its implications for the state’s economy. COVID-19 is hitting Washington’s supply chain, cargo flow through local ports, and suppressing …
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Washington State Digital Trade: Barriers and Opportunities
Today’s digital economy is enabling business and society in ways not previously envisioned. In a relatively short time, computer technology leapt from simply being a productivity tool to becoming an essential and accessible hub of social and commercial interaction. The digital economy is reshaping how Washington State companies connect across …
Read MoreSea-Tac Airport Tour with Port of Seattle
Seattle-Tacoma International Airport has been one of the fastest-growing airports in the country over the last decade, and the airport has been undergoing major infrastructure upgrades to accommodate the related massive increase in passenger volumes. WCIT members enjoyed joining The Port of Seattle for a behind-the-scenes tour to get more information …
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The Export-Import Bank: Impact on Washington State Trade
Read full report here.
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Collateral Damage: How Global Disputes are Disrupting Trade in Washington State
The last two years have been tumultuous for trade. Friction between the U.S. and its trading partners has soared, from the contentious negotiations with Canada and Mexico on the USMCA to the ongoing disputes with China. The consequences of these tensions are far-reaching, including for the many workers, companies, and …
Read MoreThe United States-China Trade Dispute: Implications for Washington State
China and Washington state have a long history of close trade relations, with representatives from both sides of the aisle focused on improving the situation for Washington’s interests. Despite the importance of two-way trade, there is bipartisan sentiment that China trade is fraught with increasing challenges. President Trump campaigned on …
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