Trade Matters ICC

Why Trade Matters

World trade receives a pretty bad press these days...

You might have heard the line that international trade is bad news for workers; that it destroys local communities; or that it degrades our planet.

Politicians on the campaign trail often claim that trade deals are simply a tool to help big companies at the expense of the man on the street.

And all the while no one speaks up for the benefits of international commerce. So it’s no wonder that public opinion on trade is souring in many countries around the world.

We think it’s time to set the record straight.

We’re not going to tell you that the global trading system is perfect. We too think there is scope for positive change to enable trade to better serve the needs of families across the world.

But it’s only right that any debate on the role of trade in today’s economy is balanced and evidence-based. Policies based on myth, hearsay or political hyperbole rarely work out well. Take protectionism: sheltering industries from global competition might sound like a good idea, but evidence shows that it creates real hardship in the long run.

It might not be popular to say it but trade matters. In fact it matters today more than ever. We want to show you why…

#TradeMatters is an initiative of the International Chamber of Commerce (ICC)



Trade in the media

5 April 2017, Peter S. Goodman
The New York Times

Behind Trump’s trade deficit obsession: Deficient analysis

4 April 2017, Ludger Schuknecht
The Wall Street Journal

New rules to make globalization work

3 April 2017, Heraldo Munoz
The New York Times

Trade after the trans-pacific partnership

2 April 2017, WSJ
The Wall Street Journal

The trust about the China trade shock

31 March 2017, Ed Gerwin

How the US economy could suffer—bigly—under Trump's trade agenda

31 March 2017, FT Reporters
Financial Times

Titans of commodities industry dare to believe worst has passed

30 March 2017, William Mauldin, Paul Vieira & Juan Montes
The Wall Street Journal

Trump Nafta blueprint raises concerns in Canada and Mexico