Washington, D.C. – National Association of Manufacturers (NAM) President and CEO Jay Timmons released the following statement on the Department of Commerce’s announcement that it is initiating a Section 232 investigation into auto imports:
Manufacturers in the United States want to give every advantage to American workers. But incorrectly using the 232 statute will create unintended consequences for U.S. manufacturing workers that will limit the chance for Americans to win, just as we do when government gets out of the way and allows us to lead. Thanks to tax and regulatory reform, manufacturers’ outlook is at record levels—with 93 percent expressing confidence about the state of the economy. Manufacturing is growing and thriving for the better, creating millions of well-paying jobs for Americans across the country. We cannot endanger this progress by restricting trade and promoting retaliation against American-made products that will undermine manufacturing and jeopardize the jobs of manufacturing workers in the United States.
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.