Trade Issues & Washington DC

Operating in Washington, DC

New administration will significantly reset trade policy
Important to shape message
Must be capable of operating virtually for some period – until pandemic is under control
Lobbying and consulting firms resetting as well to engage new administration
Regardless of the complexities – the key is to maintain a constant and persistent engagement strategy to drive outcomes
Important to develop an integrated strategy that targets the relevant Departments and Agencies is required – but must distill it into a simple actionable plan to ensure company can operate in new regulatory regimes at home and abroad

Transition underway - will consume the next several months.
Expect significant churn for the next several months, Bureaucrats will provide some consistency and normalcy
Expect a more internationally friendly trade agenda
Relook of trade agreements
China remains complex
Biden Administration will utilize Capitol Hill to support his agenda and execution
Expect climate to have an impact on trade agenda as will labor