Business icon and former presidential candidate Steve Forbes and former Senator and U.S. Ambassador to China Max Baucus provide illuminating analysis on issues of trade and taxes, offering varied perspective and tangible insights for organizations across industries.
As the former head of the Senate Finance Committee (2007-2014) and Ambassador to China (2014-2017), Baucus adds an insider’s nuance to the debates on U.S. taxes, sanctions and tariffs; Asia’s advancement of their own trade agreements with other nations; and the evolving landscape imposed by Europe’s shifting trade environment and the wave of protectionism worldwide.
A bestselling author and renowned authority on monetary policy and the global economy, Forbes brings his tremendous business and political acumen to the conversation surrounding tax structure and international trade relations.
The resulting combination is masterful insight on our trade alliances, the impact of new tax policies, and the effects on the economy and political landscape.
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Max Baucus is uniquely qualified to address issues regarding U.S. tax reform, world trade, China and the Asian Continent. As Ambassador to China (2014 - 2017) and Chair of the Senate Finance Committee (2007 - 2014), Max Baucus has extensive experience in international trade issues. Ambassador Baucus led the passage and enactment of Free Trade Agreements with 11 countries and worked to increase U.S. exports by knocking down trade barriers. He was deeply involved in orchestrating congressional approval of permanent normal trade relations with China in 2000 and in facilitating China’s entrance into the World Trade Organization in 2001, and is credited with holding China accountable on issues of intellectual property, human rights and currency. Baucus served in Congress from 1978 until his appointment to Ambassador to China, during which time he fostered and enacted groundbreaking legislation, not the least of which is the Affordable Care Act (Obamacare). As the Chair of the Senate Finance Committee, he ushered the Act through Congress, vocal even at the time about his concerns regarding costs and lack of bipartisan support, two issues which now threaten the Act's durability under the Trump administration.
Baucus is currently in-demand by numerous private companies and public organizations. He serves on the Board of Advisors for Alibaba, the Board of Directors for Ingram Micro, and the External Advisory Board for the Central Intelligence Agency. Baucus is also Co-Chair of Farmers for Free Trade, a non-profit dedicated to supporting and expanding export opportunities for American farms and ranches.
Steve Forbes is Chairman and Editor-in-Chief of Forbes Media, and an internationally respected authority in the worlds of economics, finance, and corporate leadership. With the economy at the forefront of conversation on a global level, Mr. Forbes offers long-standing insights that capitalism, free markets, and a flat tax are essential to a healthy economy. This is a message Mr. Forbes has been delivering as editor of one of the world’s most successful business magazines for decades, and he continues to be one of the most sought-after speakers on this and other economic issues leading the economic debates around the world.
On January 7, 2014, President Barack Obama nominated Max Sieben Baucus to be Ambassador of the United States of America to China. The Senate confirmed him on February 6, 2014 and Vice President Joe Biden swore him in on February 21, 2014. Ambassador Baucus served until January 20, 2017.
Ambassador Baucus formerly served as the senior United States Senator from Montana. He served in the U.S. Senate from 1978 to 2013, was Montana’s longest serving U.S. Senator, and had the third longest tenure among those serving in the U.S. Senate. Ambassador Baucus was Chairman and Ranking Member of the Senate Committee on Finance, Vice Chairman of the Joint Committee on Taxation, member of the Senate Committee on Agriculture, Nutrition and Forestry, and member of the Joint Select Committee on Deficit Reduction. He was also a member of the Senate Committee on Environment and Public Works and chaired its Subcommittee on Transportation and Infrastructure. Before his election to the U.S. Senate, Ambassador Baucus was a member of the U.S. House of Representatives from 1975 to 1978. He previously served in the Montana House of Representatives from 1973 to 1974.
Ambassador Baucus has extensive experience in international trade. As Chairman of the Senate Committee on Finance, Ambassador Baucus led the passage and enactment of Free Trade Agreements with 11 countries: Australia, Bahrain, Jordan, Chile, Colombia, Morocco, Oman, Panama, Peru, Singapore, and South Korea. He also worked to increase U.S. exports by knocking down trade barriers and led business leaders on trade missions abroad to Germany, Spain, Belgium, Russia, Japan, New Zealand, Brazil, Colombia, and China. During his tenure, Ambassador Baucus was deeply involved in orchestrating congressional approval of permanent normal trade relations with China in 2000 and in facilitating China’s entrance into the World Trade Organization in 2001. As Chairman, Baucus also authored the Affordable Care Act of 2009 (Obamacare) and was one of the conference committee authors of the Part D Medicare Prescription Drug law. He has extensive legislative background in healthcare, trade and taxation.
Currently, Baucus is in-demand by numerous private companies and public organizations. He serves on the Board of Advisors for Alibaba, the Board of Directors for Ingram Micro, and the External Advisory Board for the Central Intelligence Agency. Baucus is also Co-Chair of Farmers for Free Trade, a non-profit dedicated to supporting and expanding export opportunities for American farms and ranches.
Ambassador Baucus earned a bachelor’s degree and law degree from Stanford University. He is married and has three children.
Steve Forbes is Chairman and Editor-in-Chief of Forbes Media.
Steve’s newest project is the podcast “What’s Ahead,” where he engages the world’s top newsmakers, politicians and pioneers in business and economics in honest conversations meant to challenge traditional conventions as well as featuring Steve’s signature views on the intersection of society, economics and policy.
Steve helped create the recently released and highly acclaimed public television documentary, In Money We Trust?, which was produced under the auspices of Maryland Public television. The film was inspired by the book he co-authored, Money: How the Destruction of the Dollar Threatens the Global Economy – and What We Can Do About It.
Steve’s latest book is Reviving America: How Repealing Obamacare, Replacing the Tax Code and Reforming The Fed will Restore Hope and Prosperity co-authored by Elizabeth Ames (McGraw-Hill Professional).
Steve writes editorials for each issue of Forbes under the heading of “Fact and Comment.” A widely respected economic prognosticator, he is the only writer to have won the highly prestigious Crystal Owl Award four times. The prize was formerly given by U.S. Steel Corporation to the financial journalist whose economic forecasts for the coming year proved most accurate.
In both 1996 and 2000, Steve campaigned vigorously for the Republican nomination for the Presidency. Key to his platform were a flat tax, medical savings accounts, a new Social Security system for working Americans, parental choice of schools for their children, term limits and a strong national defense. Steve continues to energetically promote this agenda.