Tag Archives: US Chamber of Commerce

2022 US Economic Outlook

2022 US Economic Outlook

AmCham Denmark members joined their fellow AmCham Nordic colleagues for a 2022 U.S. Economic Outlook featuring the U.S. Chamber’s Senior Economist, Curtis Dubay.

In 2022, the Biden administration and its economic team will focus closely on transatlantic trade and a host of other critical economic issues. As part of the $1.2 trillion Bipartisan Infrastructure Bill, there will be an abundance of U.S. infrastructure project opportunities for specialized Nordic suppliers.

US Chamber Commerce logo
Speaker Photos - amcham.no

Curtis Dubay - Senior Economist

Speaker Photos - amcham.no (1)

Garrett Workman - Senior Director, European Affairs

During this virtual session, the U.S. Chamber’s Curtis Dubay told the virtual audience that the U.S. economy was strong, but that rising inflation was a cause for concern. Dubay also discussed how past and future policy initiatives, including the Bipartisan Infrastructure Law, will impact the performance of the U.S. economy in the year ahead.

Additionally, Garrett Workman, Senior Director of European Affairs at the U.S. Chamber, shared key areas of development in transatlantic trade policy.

In partnership with:

State of American Business 2022: Fighting for Innovation & Competition

State of American Business 2022: Fighting for Innovation & Competition

The U.S. Chamber’s State of American Business event brought together business leaders, lawmakers, and policy experts to discuss how competition will drive business in 2022.

In her first State of American Business keynote address, U.S. Chamber President and CEO Suzanne P. Clark highlighted the innovation and resilience of American business while warning against increasing government overreach that could stifle competition and our fragile economic recovery. 


Suzanne P. Clark - CEO

She also issued a call to action for the business community: “The U.S. Chamber is calling for a new movement of bold—and I mean bold—business advocates committed to defending those elected officials who dare to find the common ground necessary to enact durable policies that move our country forward and committed to supporting pro-business champions in both political parties,” Clark said.

“My message to all the citizens of this great nation: Let’s get on the same side in this competition for our future,” she continued. “The U.S. has enough enemies. Let’s stop being our own worst enemy. Let’s stop the infighting and show the world that our democracy supporting our American enterprise system is what made the U.S. dynamic, diverse, resilient, and strong.”  Read the full speech transcript here

"Let’s stop the infighting and show the world that our democracy supporting our American enterprise system is what made the U.S. dynamic, diverse, resilient, and strong.”

The 2022 State of American Business also featured insightful conversations with business leaders and lawmakers:

– Dr. Albert Bourla, chairman & CEO of Pfizer  > view here
– Carol Tomé, CEO of UPS  > view here
Senators Susan Collins (R-ME) and Jeanne Shaheen (D-NH)  > view here


Wall Street Journal: Judge Partially Blocks Trump Administration From Enforcing Visa Ban

A federal judge in San Francisco has blocked the Trump administration from enforcing its ban against many of the biggest U.S. companies bringing in foreign workers under H-1B and other employment-based visas.

The ruling applies to workers for companies represented by the plaintiffs in the suit: the National Association of Manufacturers, the U.S. Chamber of Commerce, the National Retail Federation and TechNet.

Read entire article here

US Chamber CEO Thomas J. Donohue in the New York Times: Why the US Chamber of Commerce Is Suing the Trump Administration

Over the past few weeks, the Trump administration has decided to close the door to engineers, executives, information technology experts, doctors, nurses and others who come to the United States on work visas. It has attempted to ban international students from attending American colleges and universities that hold classes virtually in the fall. And it has shown an unwavering commitment to canceling the Deferred Action for Childhood Arrivals program, or DACA.

Taken together, these are the most restrictionist immigration policies in nearly a century. This is a fundamental mistake at a time when our nation’s economy is already suffering.

Read the entire opinion piece HERE.

Keeping Trade Open: Where Do US Medical Products Really Come From?

The COVID-19 pandemic has inflicted a heavy toll on the United States in lost lives and mounting economic hardship. While our resilience is unquestionable, the pandemic has laid bare the inadequacies of some aspects of U.S. preparedness, and policy changes are clearly warranted.

But will we embrace the right solutions? 

A number of lawmakers have introduced legislation to address some shortcomings. Several of these proposals proceed from the idea that the United States is dangerously dependent on Chinese medical products. While some of these bills adopt a deliberative approach, others call for quick action to compel firms to “reshore” production of medical equipment and pharmaceuticals.

Before policymakers charge ahead, it’s imperative that we start by identifying the real problems — and then devise the right solutions. 

Read entire article HERE.

U.S. Chamber CEO: Action is the Only Option

Donohue Rejects Notion That Nothing Can Get Done in An Election Year

January 9, 2020

WASHINGTON, D.C. — Today, U.S. Chamber of Commerce CEO Thomas J. Donohue gave the annual State of American Business address, where he outlined top priorities for the business community in the coming year. During the event, the Chamber highlighted several business leaders who are finding solutions in the face of uncertainty and called upon government leaders to adopt the must-do spirit of American business to address challenges and seize opportunities in Washington, in the states, and around the world.

Chamber Calls for Meaningful Action in Washington

While acknowledging the complex political environment, Donohue called out top challenges that require bipartisan action in Washington, including a comprehensive infrastructure package, reforms to our immigration system, and solutions to climate change.

“Does it sound like we can afford to take the year off?” Donohue asked. “Of course not—inaction is not an option. So, let’s flip the conventional wisdom that nothing gets done in an election year. It’s because it’s an election year that folks will want and need to be productive.”

“Sound like a pipe dream? Well, just look at what happened at the end of last year, when nothing was supposed to get done.” Donohue then pointed to the flurry of bipartisan legislative activity that took place in December including House passage of the U.S.-Mexico-Canada Agreement, extension of the Export-Import Bank, enactment of the SECURE Act, and the repeal of healthcare taxes.

Donohue also called for continued progress in rebuilding the political center and reasserted the Chamber’s commitment to reward bipartisanship and legislative courage. He noted that, earlier in the day, the Chamber hosted a bipartisan breakfast with Members of Congress to talk about shared goals for the year ahead.

Chamber Looks Beyond Washington

“Washington isn’t the sole source of uncertainty,” Donohue said. “Many of the big questions, begging meaningful action, will be coming at us from the states, from abroad, and in the debate over the future of our economy and the role of business.”

When emphasizing the importance of working together outside of Washington, Donohue recognized chambers of commerce across the country hosting watch party events, including Arkansas, Tennessee, Virginia, Montana, and New York; as well as global partners from the American Chambers of Commerce in Mexico City and Toronto, Canada, as well as London and Brussels.

Donohue described how action on a number of business priorities is increasingly shifting to the states, especially in instances where the federal government has failed to set clear policy. This has presented both challenges and opportunities for business and requires thoughtful engagement all across the country.  He warned that laws or proposals being pushed in the states on matters ranging from data privacy to independent contracting will have nationwide consequences. Additionally, the states are increasingly fertile ground for business opponents to advance questionable agendas, including the class action trial bar’s sweeping new focus on municipality litigation targeting businesses under the public nuisance law.

Donohue also called for proactive American leadership around the world, pressing that global engagement is essential for the sustainability and growth of many U.S. businesses.

“Engaging with the world is our best strategy for strong national security and lasting prosperity,” said Donohue. “Embracing free trade doesn’t mean ignoring unfair practices aimed at us. It means leading the way in setting the rules and enforcing them, based on the simple propositions that more trade is better than less trade, more customers are better than fewer customers, and expanding markets globally will benefit everyone,” he continued.

Donohue reminded the audience that 95 percent of the world’s customers live beyond American shores and then lauded House passage of the U.S.-Mexico-Canada Agreement. He then raised the need for trade agreements with the UK and EU, Japan, Brazil, and markets in Africa and stressed the importance of U.S. engagement in the booming Asia-Pacific.

Donohue said, “America must be involved, not isolated. We must set the pace, in an open and collaborative manner, for global engagement—not only in trade, but also finance, technology, intellectual property, investment, environment, and the rule of law.”

Defending Free Enterprise

With his third and final imperative for action, Donohue stated that businesses should engage in the ongoing debates “over the future of our economy and the role of business in our society.”

“The debates about free enterprise are not merely academic,” he said. “They are happening across the kitchen tables of hardworking Americans and in diners from Des Moines to Manchester. These debates are playing out on the campaign trail and seeping into the policy arena, with candidates for president calling for the federalization of some American businesses, the elimination of private health insurance, an outright ban on the energy production that has strengthened our national and economic security, major redistributions of wealth to pay for programs that would put the government in charge of more aspects of our lives, and proposals to silence the voice of American business and limit its lobbying and political engagement.”

Donohue noted the many ways that business is a force for good in today’s society, but warned that if only a few businesses are being created or going public, they cannot drive growth and prosperity for the many. Noting that there are half as many public companies today as there were in 1996, Donohue challenged leaders across business and government to “reinvigorate the American innovation machine” by surpassing 500,000 business creations a year and having 250 companies go public every year. By comparison, from 2006 to 2016 the average number of IPOs per year was 126, and during that same period the U.S. economy averaged 482,519 business creations per year.

“Ladies and gentlemen, the state of American business may be uncertain, but the spirit of American business is undaunted,” Donohue said in closing. “It is resolute. It is determined. And it is relentlessly focused on leading into an important year, through a pivotal decade, and toward a future that remains as bright as ever.” 

Donohue’s remarks, as prepared for delivery, are available online here. To watch the 2020 “State of American Business” address, please visit our website.




About the U.S. Chamber of Commerce


The U.S. Chamber of Commerce is the world’s largest business federation representing the interests of more than 3 million businesses of all sizes, sectors, and regions, as well as state and local chambers and industry associations.

US Chamber, Google Partner on Report Growing Small Business Exports: How Technology Strengthens American Trade

Small business exports currently account for $541 billion and nearly six million jobs in the United States. However, small businesses face several barriers to exporting, primarily foreign regulations, tariffs and customs procedures, and payment collection issues. 73% of small businesses are not aware of digital resources that can help them reach customers around the world. If small businesses had better access to global markets, it could increase the GDP of the United States by $81 billion and add 900,000 new jobs. The report surveyed over 3,800 small businesses across the United States and examined the landscape of small business exporting. In addition, the report provides policymakers with several recommendations to enhance small business exporting and grow the American economy and increase jobs.

Read full report HERE.

AmChams in Europe Transatlantic Conference in Washington, D.C. & Seattle

AmChams in Europe Transatlantic Conference in Washington, D.C. & Seattle

AmCham Norway recently participated in the annual AmChams in Europe conference held in both Washington, D.C. and Seattle.

The conference kicked off in the heart of the capitol at the US Chamber of Commerce, where participants including AmCham Norway’s Katja Dahl Murphy were briefed on the current state of transatlantic relations, trade policy, cybersecurity, global energy policy, and tax policy. The group also met with Pentagon and US Department of State officials.

The following day, participants met with Deputy Secretary Karen Dunn Kelley at the Department of Commerce, where they were briefed on USMCA, ongoing FTA negotiations, and US-EU trade negotiations. The group also visited the Atlantic Council, delving into current US-China relations and EU election consequences for the US-EU trade relationship.

Nordic – Pacific Northwest Partnerships

Managing Director Jason Turflinger then joined European counterparts in Seattle, taking part in meetings with Accenture, Amazon, Boeing, and Boston Consulting Group. Finally, at Microsoft’s headquarters in Redmond, AmCham executives scrutinized the ethical use of artificial intelligence in various world regions and witnessed first-hand the latest technological developments within agriculture, public administration, and energy.

Together with AmCham leaders from Denmark and Finland, Turflinger also took part in the Nordic Innovation Summit, hosted by Seattle’s landmark Nordic Museum. In its second year, the expanding summit brought innovation leaders together to build upon robust Nordic – Pacific Northwest partnerships.