G20 Finance Ministers gathered in Argentina over the weekend to raise concerns over growing tensions between the United States and its major trading partners. Following the meetings, BBC’s Aaron Heslehurst spoke with USCIB Senior Vice President for Policy and Government Affairs Rob Mulligan as part of BBC’s Talking Business segment regarding international trade tensions that may undermine the global economy and stunt growth.
Mulligan expressed concern that continued escalation of tariffs may cause all kinds of problems for USCIB member companies. “Tariffs will lead to higher costs, drive higher prices for consumers and, we think, in the end, can start driving job losses,” warned Mulligan. “In fact, we’ve seen estimates for the existing tariffs related to steel and aluminum that can cause job losses in the United States of up to 140,000 jobs.”
Specifically, on U.S.-China tensions, Mulligan noted, “there are issues with China’s unfair trade practices that need to be addressed and we fully support an effort that would bring together all our allies to make that point with China, but we’re not sure that raising tariffs the way the President has threatened, even threating to impose tariffs on all 500 million of China’s exports to the United States, is going to be the way to solve that problem.”
To hear the entire interview, click here.
On the margins of the High-Level Political Forum at the United Nations July 9-18, the International Labor Organization (ILO), in partnership with UNESCO, the Office of the Secretary-General’s Envoy on Youth, the UN Permanent Missions of Sri Lanka and Portugal, hosted an event on July 16 titled “World Youth Skills Day 2018: Sustainability and Innovation.”
Trade and protectionism dominated the news during the first half of 2018, and USCIB was featured prominently in many stories on the escalating trade battles. Tax policy also received significant coverage, especially around USCIB’s annual tax conference with the OECD.
Chaired by CEO of Luna Global Networks, group will focus on threats to global markets and governance
USCIB Senior Counsel Ronnie Goldberg delivered a 
This year’s 
London and New York, July 16, 2018 – The United States Council for International Business (USCIB), which serves as the American national committee of the 
Over the past three weeks, a number of important meetings took place in a wide variety of multilateral organizations, on topics ranging from nutrition policy to genome editing. Mike Michener, USCIB’s vice president for product policy and innovation, leads USCIB work in health care, food and agriculture and represented the private sector’s view and interests in each of the following events: