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)










Newsroom

ico

Trade in the media


6 September 2016, Reuters
Ben Blanchard

G20 a success for China, but hard issues kicked down the road


5 September 2016, The Times
Sam Coates

British PM tells leaders they must sell globalization


4 September 2016, South China Morning Post
Xie Yu

B20 urges governments to tear down trade barriers


26 August 2016, Orlando Sentinel
James Bacchus

Trade advocate: Lower or abolished barriers bring prosperity, productivity


29 August 2016, Reuters
Roberta Rampton and Tim Ahmann

White House says it sees a path to approval of Pacific trade deal


25 August, Associated Press
Paul Wiseman

Why it matters: Trade


25 August, The Lowy Interpreter
David Gruen and Sam Bide

The global trade slowdown: What can be done?

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