Manufacturing has long been the engine for healthy economic growth and good jobs in North America, but intense global competition, artificially created competitive advantages and the rising cost of doing business in the U.S. threaten our manufacturing base and future living standards. These are the findings of a new study commissioned by the Council of Manufacturing Associations (CMA) and the NAM. The study was written by Joel Popkin ‘Securing America’s Future: The Case for a Strong Manufacturing Base’. For information on this study and other items of interest to service centers and their customers, see below.
Fair Currency Act of 2007 - Ryan/Hunter Bill (Introduced in House)
The bill clarifies that exchange-rate misalignment meets all three WTO tests for a prohibited export subsidy: governmental financial contribution; benefit; and specificity. Ryan-Hunter gives guidance to the Commerce Department on how to determine whether a countervailable subsidy due to exhange-rate misalignment exists and its magnitude.
The National Association of Manufacturers (NAM) Manufacturing and Trade Policy:
The Cost of Doing Business:
Miscellaneous Commentary and Resources: