Manufacturers: Scott Garrett’s Confirmation at Ex-Im Would Be a Terrible Trade Deal for Our Country

 

Washington, D.C., July 12, 2017 – National Association of Manufacturers (NAM) President and CEO Jay Timmons today expressed manufacturers’ strong opposition to the nomination of Scott Garrett to lead the Export-Import (Ex-Im) Bank. Below are key excerpts from Timmons’ Wall Street Journal op-ed:

 

“President Trump has been a vigorous and outspoken supporter of manufacturers.”

“(Scott) Garrett’s confirmation (as chairman of the Ex-Im Bank) would be a terrible trade deal for our country. His record of aggressively undermining the Ex-Im Bank is tantamount to a vicious trade war against American manufacturing workers.”

“American manufacturers are thankful to have a president who is willing to break through all of the rhetoric and misinformation about the Ex-Im Bank in order to get it—and America—back in business. But the politician who is angling to lead it, (Scott) Garrett, would do exactly the opposite.”

“Those like (Scott) Garrett who have stood in the path of a fully functioning Ex-Im Bank are responsible for moving our jobs, our wealth and our factories to other countries.”

Timmons says Garrett’s nomination should be withdrawn.

Learn more about how the Ex-Im Bank helps manufacturers compete and win around the world here

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-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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