Bloomberg BNA Publishes 2015 Policy And Regulatory Outlook On International Trade
ARLINGTON, Va., Jan. 21, 2015 /PRNewswire/ -- Bloomberg BNA today announced the publication of its 2015 policy outlook on international trade, one of the hottest battlegrounds inside the Beltway. Bloomberg BNA editors and reporters interviewed numerous economic and trade policy experts, Congressional staff, government officials, and trade association and corporate representatives from across the globe in assembling this comprehensive 40-plus page report. A complimentary copy of the report is available here.
"International trade is front and center in 2015 — such as the proposed Trans-Pacific Partnership (TPP) debate and the unlikely alliance pitting the White House and Congressional Republicans against liberal Democrats and some elements of the Tea Party on this issue," said Jerome Ashton, managing editor of international trade at Bloomberg BNA. "Those with a vested interest in trade policy can rely on Bloomberg BNA throughout the year for the insightful, analytical coverage of the trade-related issues and the political battles over trade promotion that will impact their organizations and industries and the global economy in 2015."
Among the report's key takeaways:
TPP: Supporters of TPP, an alliance with 11 other nations including Canada, Japan, Mexico and Singapore, hope to reach an agreement by March or the required legal scrutiny and reporting requirements would push a possible congressional vote on the implementing legislation into the 2016 U.S. presidential election cycle.
Trans-Atlantic Trade and Investment Partnership (TTIP): The top priority for U.S and European trade relations is to achieve progress on negotiations around TTIP, which is designed to cut tariffs and regulatory barriers to trade between the US and EU countries, making it easier for companies on both sides of the Atlantic to access each other's markets.
China: U.S. officials expect to focus on continuing efforts to eliminate barriers to trade and "export restraints" established by the Chinese government while encouraging market reforms in China. Both the U.S. and China are focused on building a greater bilateral relationship in 2015, while simultaneously engaging in geopolitical competition for economic leverage in the Pacific region.
Cuba: The Obama administration's December 2014 announcement that the U.S. plans to dismantle its embargo and trade restrictions against Cuba is expected to bring greater export opportunities for U.S. businesses including the agriculture, banking and telecommunications sectors over the long term.
The report also contains in-depth analysis and outlooks for U.S. trade with Canada, India, Mexico and Russia, how the International Trade Administration and World Trade Organization will support trade, the potential fate of the Export-Import Bank of the U.S., and U.S. court cases that could have significant impact on international trade in 2015.
About Bloomberg BNA
Bloomberg BNA, a wholly owned subsidiary of Bloomberg, is a leading source of legal, regulatory, and business information for professionals. Its network of more than 2,500 reporters, correspondents, and leading practitioners delivers expert analysis, news, practice tools, and guidance — the information that matters most to professionals. Bloomberg BNA's authoritative coverage spans a full range of legal practice areas, including tax & accounting, labor & employment, intellectual property, banking & securities, employee benefits, health care, privacy & data security, human resources, and environment, health & safety.
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SOURCE Bloomberg BNA
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