Vol. 3, Issue 2
Pacific NW Trade eNews
RCEP becomes the World's New Top Trading Bloc
This past Sunday, 15 Asian and SE Asian countries---1/3 of the world's population and GDP---signed the world's largest free-trade agreement.
Seen as China's answer to what was to be the Transpacific Partnership (TPP), it is larger, but missing similar protections for labor and environment.
Could being left out the fastest-growing economic region revive US interest in a pact? More below.
US is the Top Seller on China's $120 Billion "Singles Day"
Extended for more than a week earlier this month, this traditional promotional shopping day netted about six times our Cyber Monday and Black Friday combined. The US was reported to be the top-seller of goods sold for the sales event.
What trade policy does WA want from the Biden Administration?
For eight reasons outlined by the Washington Council on International Trade, "rejoining the TPP is a "no-brainer" for the state. Here's a suggestion for the new administration: borrow a tactic from President Trump to rebrand the Transpacific Partnership.
The Anticipated Change in Trade Negotiating Strategy will be . . .
WTC Tacoma Expands Reach into India . . .
. . . through a partnership with Tacoma-based Branta, WTC Tacoma aims to further local small- and medium-sized business by working with new on-the-ground-resources to buy from and sell to India. If you missed the October 29 event, click here.
WTC Tacoma joins with EXIM Bank and others to Recovery Markets Export Program
The program was geared to make clear the tools and resources EXIM has to help, for example, exporters and their customers with cash flow. The program slides and video stream from here.
Brightspot in World Economy is Cross-border e-commerce
Cross-border e-commerce was reported to grow 21% for the first six months of 2020 despite the pandemic, according to Global-e's 300 retail customers selling to 185 countries worldwide as per digitalcommerce360.com
Tacoma Sister Cities (TSC) Joins WTC Tacoma Export Store . . .
. . . allowing its entrepreneurial and internationally-minded members to post products in its new showcase on WTC's cross-border e-commerce Alibaba mini-site for a fraction of the cost of going it alone. Contact us for details.
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WTC Tacoma Export Store


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WTC Tacoma Trade Desk
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