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The NAM has worked since its creation to foster an open and fair global economy to propel the continued expansion of a vibrant U.S. manufacturing sector. International growth has dramatically increased opportunities for our manufacturers to sell to millions of foreign customers that have joined the middle class in recent decades, while also greatly expanding global competition. While both manufacturing production in the United States and U.S. manufactured exports have quadrupled over the last 25 years, far too many countries distort markets and engage in unfair and discriminatory trade practices to grow their industries at the expense of others. For manufacturers, workers and communities in the United States to succeed, global markets must be open and rules of fairness and equal opportunity must be enforced for all.
The NAM plays a critical role in promoting the success of manufacturing in the United States in the global economy through work to (1) address foreign trade distortions and open markets, particularly in key markets; (2) improve the trade competitiveness of manufacturing in the United States; and (3) seek robust enforcement of trade rules and trade agreements. The NAM also works to educate on the opportunities and challenges that the global economy and trade creates for the U.S. manufacturing sector.
National Association of Manufacturers (NAM) President and CEO Jay Timmons released the following statement ahead of the Trump Administration’s Section 301 announcement:
“As India and the U.S. continue to meet and work together on solutions, both countries need to ensure that issues with trade barriers, forced localization requirements, and IP restrictions remain at the forefront of commercial engagements.”
“As manufacturers seek to expand and compete in a tough global economy and grow good-paying American jobs, one of the biggest challenges they face is the worldwide threat to innovation and intellectual property rights.”
"...an innovative, enforceable trade agreement with China."
The post Manufacturers Facing the China Challenge Need Enforceable Trade Agreements, Not Short-Term Tariffs, to Get Fair Treatment appeared first on Shopfloor.
The National Association of Manufacturers (NAM) is pleased to introduce a new NAFTA-focused web application, prepared by Esri, the world’s most advanced technology provider of GIS and location intelligence. The...
The post New Interactive Tool, Developed by Esri, Visualizes Importance of NAFTA for U.S. States appeared first on Shopfloor.
"Manufacturers support a stronger, modernized NAFTA so that we can keep growing and thriving here in America."
The post Manufacturers Welcome Strong Congressional Support for ISDS appeared first on Shopfloor.
As the White House, government officials and businesses prepare for next week’s Washington visit of Saudi Arabia Crown Prince Mohammad bin Salman, manufacturers across America are calling upon the Saudi...
The post Innovation, Investment—Not Market Access Barriers—Must Be Pillars for U.S.–Saudi Relationship appeared first on Shopfloor.
Though many don’t know it, Americans pay both directly or indirectly about $1 million a day in government-imposed import taxes on products not made or available in the United States,...
The post Little Understood Government Process Could—if Congress Acts—Provide Tax Cuts for Individuals and Manufacturers appeared first on Shopfloor.