Timmons Hails USTR Announcement on China

“These Restrictions Hurt Manufacturers in the U.S.”

Washington, D.C., July 13, 2016 – National Association of Manufacturers (NAM) President and CEO Jay Timmons issued the following statement on the announcement by the office of the U.S. Trade Representative that the United States is launching a World Trade Organization (WTO) case challenging China’s export duties on nine raw materials, all of which are widely used by manufacturers in the United States:

“Manufacturers strongly support the administration’s action today to ensure a level playing field and fair competition in the global economy. Export restrictions distort markets, drive up costs for consumers and hurt manufacturers in the United States as well as around the world.

China’s export restrictions on key raw materials give them an unfair advantage and are hurting a wide range of manufacturers in the United States from aerospace and automobiles to electronics and chemicals. It’s time that the United States take action, and we are pleased that the Obama administration is doing so. This is an important step forward that builds on two prior successful cases the administration pursued that eliminated China’s similar restrictions on rare earths and other raw materials to the benefit of manufacturers across many sectors.

Bringing this case is important to ensure that China is held accountable to the commitments it made in joining the WTO to eliminate trade-distorting measures that undercut fair competition.”

Manufacturers continue to lead the effort on trade enforcement. Read more about the NAM’s trade priorities by clicking here.


-NAM-


The National Association of Manufacturers (NAM) is the largest manufacturing association in the United States, representing small and large manufacturers in every industrial sector and in all 50 states. Manufacturing employs more than 12 million men and women, contributes $2.17 trillion to the U.S. economy annually, has the largest economic impact of any major sector and accounts for more than three-quarters of private-sector research and development. The NAM is the powerful voice of the manufacturing community and the leading advocate for a policy agenda that helps manufacturers compete in the global economy and create jobs across the United States. For more information about the Manufacturers or to follow us on Shopfloor, Twitter and Facebook, please visit www.nam.org.

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