Washington, D.C. – National Association of Manufacturers President and CEO Jay Timmons released the following statement on the Trump administration’s successful negotiations to improve the Universal Postal Union:
Manufacturers are cheering today because we now have a stronger Universal Postal Union framework that will help protect manufacturers from counterfeiters and other bad actors operating in countries like China, which have been exploiting a dangerous and unfair system. The Trump administration gave manufacturers a seat at the table and listened to our needs throughout this collaborative process, and the United States worked with our allies abroad to bring broadly supported reforms to an antiquated agreement. This is an important action to level the playing field against unfair trading practices, and the NAM will continue to work with the administration and our international partners to promote a more open and fair trading economy.
The National Association of Manufacturers 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 12.8 million men and women, contributes $2.38 trillion to the U.S. economy annually, has the largest economic multiplier 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.