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WHAT’S AT STAKE »
Current customs and border policies are costing American manufacturers billions of dollars a year in increased operating costs, and preventing manufacturers from moving their products in and out of the United States efficiently.
Outdated customs rules and bottlenecks impede the just-in-time manufacturing process which is so critical to the productivity and efficiency of the U.S. manufacturing sector.
Regulations and policies must be created to serve our national security needs without unduly burdening legitimate commerce and our economic competitiveness.
To compete on a level playing field, manufacturers need reliable and efficient mechanisms to ensure enforcement of U.S. trade remedy laws.
The NAM supports a new approach based on strong risk-management principles that provide security without delaying low-threat imports vital to American industry. More must be done to create new modern operating procedures that facilitate the efficient movement of goods while protecting the integrity and authenticity of those goods.
“Manufacturers are excited to see a strong Trade Facilitation Agreement enter into force today. Countries around the world have agreed to cut red tape at their borders and institute the kind of transparent customs system that the United States is proud to already have. As other countries fulfill their commitments to ensure predictable and efficient customs procedures, manufacturers in the United States will have improved access to the 95 percent of consumers outside our border and expect increased sales opportunities globally that will bolster job growth at home. Today’s official start of the TFA reaffirms the importance of the WTO as a global rules-setting and rules-based organization, which is critical to raise standards and hold countries accountable to open and fair trade rules.”
NAM Vice President of International Economic Affairs Linda Dempsey