Yesterday, eBay Global Public Policy Lab Executive Director Brian Bieron testified before the House Small Business committee’s hearing titled, “Across Town, Across Oceans: Expanding the Role of Small Business in Global Commerce.” This hearing examined the ongoing trade negotiations and the impact of U.S. trade policy on small businesses. As an industry expert on international trade, Brian was able to offer valuable insight on barriers that small businesses face when it comes to selling products overseas.
During the full committee hearing, Brian submitted a copy of eBay’s “2015 U.S. Small Business Global Growth Report,” a document that his policy team has constructed over the past four years by researching the growth of global trade by micro-multinationals. Brian stated, “Our report shows that the Internet and platforms like eBay are revolutionizing global trade by opening it up to even the smallest enterprises. In the U.S., the Small Business Administration has found that between 1% and 2% of small businesses export. By contrast, on eBay, 95% export.” eBay will continue to represent small internet-enabled retailers on the subject of trade before legislators around the world.