The Asia-Pacific Council of American Chambers of Commerce (APCAC) looks forward to working hand-in-hand with the Trump Administration and Congress to maximize opportunities for American companies and workers that will result in job growth in the United States and increase business in Asia-Pacific for American companies.
Representing 28 American Chambers of Commerce in Asia and over 15,000 company members, APCAC supports policies and initiatives that make it easier for American companies to do business in Asia, the fastest-growing market in the world.
At the heart of APCAC’s message to the Trump Administration and Congress is that open and fair-trade practices that put U.S. companies on a level playing field with foreign competitors translates directly into more jobs for American workers. U.S. goods and services exports to AsiaPacific support over 3.5 million U.S. jobs. This number will rise as trade expands in the region if U.S. companies benefit from trade regimes as their competitors do. Removing non-tariff barriers and raising standards in other markets will result in more sales of American manufactured goods, agricultural products, and services. This will allow American companies to “sell American,” and foreign consumers to “buy American.”
For centuries, Asia has been an important home for American business looking to grow beyond the United States. From the frozen steppes of Mongolia to the verdant valleys of New Zealand, over 25,000 Americans go to work each day across the Asia-Pacific region to open new markets for products and services that carry the distinguished “Made in USA” label. These dedicated American men and women, and the American companies they support, need the full and unbridled support of the Trump Administration to ensure American business remains strong and the envy of the world.
The recommendations in this report focus on initiatives that will make it easier for America and American business to compete and do business in Asia. We urge the Administration and Congress to support and champion these proposals, which call for high standards for establishing rules for trade and targeted trade enforcement; strong diplomatic and commercial engagement between the U.S. and Asia; critical tax and regulatory reform by the U.S. Congress; and a recognition of the regional impact that trade frictions between the United States and China will have on American business.
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