Washington Council on International Trade advocates for trade policies that increase our state’s international competitiveness & benefit our workers & employers
Joined June 2011
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More than half of U.S. wheat exports go through the Columbia-Snake River system of ports.
Check out our report to learn about ag and seafood trade in Washington state and how it can increase to create even more jobs and economic impact: wcit.org/washington-state-ag… @WAWheatGrowers
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We released our first report for 2023, Farming for the Future: Capitalizing on Washington State’s Agriculture and Seafood Export Opportunities. You can read the full report on our website: wcit.org/washington-state-ag… #washingtonstate #agriculture #seafoodindustry
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#Washington state saw #exports tick up in the Q2 of 2022. Businesses in WA exported $16 billion worth of goods in Q2–slightly higher ( 3%) than in Q1 2022 and a 28% increase compared to Q2 2021. Here are the top 10 export countries for Q2.wcit.org/trade-dashboard/
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The @USTradeRep45 announced that the U.S. is requesting new dispute settlement consultations with Canada regarding Canada’s dairy tariff-rate quota allocation measures.
Read the full announcement and consultation request here: ustr.gov/about-us/policy-off…
#dairy #freetrade
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Our Q2 2022 WA State Trade Dashboard is avail. Here is one stat - Top 5 Exports from Washington State. See the full dashboard, including the changes vs. Q1 and year/year comparisons here: wcit.org/trade-dashboard/. #trade #WashingtonState
ALT A pie chart of the top 5 exports from Washington State in Q2 2022., 1) Transportation equipment, 5,331M; Agricultural Products, $3,832M; Food and Kindred Products $1,133M; Computer and Electronics Products $1,035M; Machinery $616M
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WCIT President, Lori Otto Punke, writes in the @SpokesmanReview about a @wto proposal that would further weaken global intellectual property protections and hurt Washington State workers.
spokesman.com/stories/2022/d…
Great conversation with Ted Alden last week!
Thank you to Rep. Suzan DelBene for taking time last week to share her insights with our members!
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Strong IP protections made Covid vaccines possible. Without robust protections, companies would not have invested the billions of dollars needed to create these
lifesaving products. WTO should not expand/extend IP waivers. Read the WCIT letter. wcit.org/wp-content/uploads/…
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WTO is considering expanding the vaccine waiver which will do nothing to boost global public health, but will punish the U.S. scientists, businesses, and workers who brought these medical breakthroughs to patients around the world. Read the WCIT letter: wcit.org/wp-content/uploads/…
Interesting development on the trade front this week...administration refrains from imposing national security tariffs on China, Japan, EU politi.co/3qRIOjf via @politico
Good news on averting a rail strike. Already faced with supply-chain challenges, a strike would have intensified congestion on our ports, strained our transportation system harming exporters and businesses relying on imports. seattletimes.com/business/bi… via @seattletimes
Flows of imports and exports could be impacted by potential rail strike. seattletimes.com/business/ho… via @seattletimes
Here is a fairly straight-forward recap of last week's Indo-Pacific Economic Framework ministerial summit that took place in Los Angeles business-standard.com/articl…
Ministers gather in Los Angeles this week to discuss the Indo-Pacific Economic framework.
U.S., Indo-Pacific countries launch new-generation trade talks shunning tariff cuts msn.com/en-us/money/markets/…
Interesting historic perspective of the evolution of trade and the level of international engagement over the years from @paulkrugman. nytimes.com/2022/09/06/opini…
Did you know that WA state is the top U.S. producer of apples, sweet cherries, blueberries, hops, pears, and spearmint oil and operates the largest public port system in the world? Learn more fun facts by reading WCIT's report on the state of WA trade. wcit.org/wp-content/uploads/…
In lieu of a free trade agreement with the UK (long advocated by WCIT), @ForeignPolicy argues that the US and UK should find common ground on trade. alliance. foreignpolicy.com/2022/08/31…
Commerce Sec. Raimondo provides the latest on potential tariff removal: some cabinet members thinking a limited tariff reduction would benefit U.S. businesses and consumers wsj.com/articles/biden-still… via @WSJ
Tariffs are hitting farmers particularly hard as expressed to Administration officials in yesterday's Iowa event: Iowa farmers, ag leaders urge Tom Vilsack, Katherine Tai to lower tariffs to ease fertilizer costs news.yahoo.com/iowa-farmers-… via @YahooNews