Tom Leonardi, Executive Vice President of Government Affairs at AIG, explains in this November 2018 article why the global trade environment, and trade agreements in particular, matter to a U.S.-based multinational insurance company like AIG.
The publications listed below are part of CSI's efforts to maintain an up-to-date resource library of services-related publications focusing on issues of interest to CSI and its members.
Click here for the Coalition of Services Industries 2018 Agenda: “Promoting American Competitiveness Through Services and Digitally Enabled Trade.”
Click here for the Congressional Research Service (CRS) Insight, "Escalating Tariffs: Timeline and Potential Impact." (July 31, 2018)
Click here for the CRS Insight, "The WTO: US Participation at Risk?" (July 31, 2018)
Click here for the CRS Report, "US-China Trade." (July 30, 2018)
Click here for the Atlantic Council blog post, “Trade in Services Agreement: A Way Out of the Trade War?" (July 23, 2018) Key points include:
Click here for the U.S. International Trade Commission's (USITC) "Recent Trends in U.S. Services Trade: 2018 Annual Report" (June 2018), which provides data on U.S. exports and imports of electronic services, particularly audiovisual, computer and data processing, and telecommunications services, as well as sales of these services by foreign affiliates of U.S. firms and purchases from U.S. affiliates of foreign firms. In 2016, the United States exported $93.4 billion in cross-border electronic services and imported $54.3 billion, resulting in a trade surplus of $39.1 billion. In 2015, sales by foreign affiliates of U.S. electronic services firms totaled $270.1 billion, and purchases from U.S. affiliates of foreign electronic services firms totaled $132.7 billion. U.S. electronic services contributed $989.0 billion to U.S. gross domestic product (GDP) in 2016, or 6.9 percent of total U.S. private sector GDP. Electronic services employed over 3.7 million full-time equivalent employees in 2016, representing 3.3 percent of U.S. total private-sector employment. Electronic services workers earned an average wage of $106,052 in 2016 (compared to $59,485 in the private sector overall).
Click here for the 2018 National Trade Estimate Report on Foreign Trade Barriers (NTE) (March 27, 2018), released by the Office of the U.S. Trade Representative (USTR). The annual report documents foreign trade and investment barriers facing American exports around the world.
Citibank recently collaborated with The Atlantic on an article/podcast, "The American Economy is Experiencing a Paradigm Shift," released in October 2018 that describes the importance of trade in services to the economy at home and globally.
On October 23, 2018, CSI President Christine Bliss spoke as the special guest on the Trade Guys podcast episode, "Services, you can't trade without 'em," at the Center for International and Strategic Studies (CSIS).
In the article, "U.S.-Mexico-Canada Agreement Enables the Digital Economy," Jennifer Sanford, Senior Manager of International Trade and Energy/Environment Policy at Cisco notes how the U.S.-Mexico-Canada Agreement expands the benefits from NAFTA to new areas.
CSI is the leading business organization dedicated to the development of U.S. domestic and international policies that enhance the global competitiveness of the U.S. service sector through bilateral, regional, multilateral, and other trade and investment initiatives.
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