Category: Business News
American businesses depend on international markets, exporting trillions of dollars’ worth of goods and services and earning trillions more via international investments.
The Trump administration this year launched a review of U.S. participation across a wide range of international organizations. This kind of 360-degree assessment can be invaluable, and in the case of some organizations it’s probably overdue. For example, UN bodies that scrutinize human rights should not be led by representatives of countries with widely-criticized human rights records, and this will inevitably affect U.S. support.
However, the United States has long benefited from taking a leadership role in international organizations that are critical to advancing standards relevant to international business. American interests are best represented when U.S. officials vigorously press for priorities established by the White House and Congress to be adopted by these international bodies.
Source: U.S. Chamber of Commerce