NAM Vice President of International Economic Affairs Linda Dempsey Testifies on U.S.–China Trade Relations

Dempsey Reiterates Need for Trump Administration to Pursue a Bilateral Trade Agreement with China

Washington, D.C. – National Association of Manufacturers (NAM) Vice President of International Economic Affairs Linda Dempsey testified at today’s Senate Finance Trade Subcommittee hearing on market access challenges in China. Dempsey’s testimony focused on the U.S.–China trading relationship and reiterated NAM President and CEO Jay Timmons’ call for the Trump administration to pursue a bilateral trade agreement with China.

Photo Credit: Dave Bohrer, National Association of Manufacturers

“There is no doubt that we need to address these challenges. China simply must follow the same rules as everyone else,” Dempsey said in her written testimony. “It simply must be held accountable when it cheats. On this, nearly all parties agree. The question is how best to go about doing so. There has been a lot of debate about this for a long time. We at the NAM believe it’s time to finally change the contours of that debate. We think a comprehensive strategy will be needed if our country is to truly achieve the best outcomes for American workers and American enterprise. In our view, that means pursuing a modern, innovative and comprehensive bilateral trade agreement that wholly restructures our economic relationship with China. This is at once both a radical idea and, in our estimation, the most pragmatic and effective way forward.”

Click here to read Dempsey’s full written testimony.

Also on Wednesday, NAM Chief Economist Chad Moutray testified at a Joint Economic Committee hearing on the economic impact of the recently passed tax cuts legislation, and BTE Technologies President, NAM Executive Committee member and Small and Medium Manufacturers (SMM) Group Vice Chair Chuck Wetherington testified at a House Small Business Committee hearing on the state of trade for U.S. small businesses.

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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 $2.25 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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