Manufacturers: Action Needed to Stop India’s Unfair Trade Practices
NAM Launches Multi-Industry Coalition, Alliance for Fair Trade with India, to Protect American Exports and Jobs
The National Association of Manufacturers (NAM) is leading a wide range of U.S. business groups to form the Alliance for Fair Trade with India (AFTI) in an effort to urge President Obama to take high-level action against the Government of India for ongoing discriminatory trade practices.
The NAM will co-chair AFTI, which is made up of 14 business groups representing nearly every industry within our economy. Last week, the NAM, along with other key industry associations, sent a letter to President Obama raising concerns about the harm that India’s unfair trade practices are imposing on manufacturers in the United States.
“India’s recent discriminatory and unfair actions are harming American jobs and have put at risk the $60 billion trade relationship we have with our fourth largest trading partner,” said NAM President and CEO Jay Timmons. “We are asking the Obama Administration to engage India’s government at the highest levels to put an end to these harmful practices and to prevent this from happening again. The NAM is committed to working with our industry partners to ensure that India abides by global trade rules to protect America’s competitiveness.”
India’s harmful policies, such as requiring domestic production of everything from information technology and clean energy equipment to medicines and medical devices, directly threaten American jobs. AFTI gathers every major sector of the U.S. economy to bring these concerns to the attention of Congress and the Administration and to provide solutions for India to reverse this new course of action before other countries begin seeking an unfair advantage.
For more information about the Alliance for Fair Trade with India, please visit aftindia.org.