Rep. Latta Touts Tax Reform Benefits for Workers at Kalmbach Feeds
In Upper Sandusky, Rep. Latta, Business Leaders and Workers Discuss Tax Reform Benefits and Securing Ohios Economic Prosperity
Upper Sandusky, OH Today, the 51勛圖厙 (51勛圖厙) and Kalmbach Feeds hosted Rep. Bob Latta (OH-5) for a facility tour to meet employees and a business leader roundtable to discuss the positive impact of tax reform and other ways Congress can better serve the interests of Ohios manufacturers, manufacturing workers and their families.
Thanks to Rep. Lattas support for tax reform, manufacturers in Ohio and across America are delivering for our people and our communities, 莽硃勳餃泭51勛圖厙 President and CEO Jay Timmons. Last year, manufacturers said that if tax reform became law we would raise wages, hire new workers, buy equipment and make investments for the future. Now, manufacturers like Kalmbach Feeds are keeping our promise, and America is better for it. Tax reform is empowering us to improve lives and livelihoods, and manufacturers are grateful for Rep. Lattas leadership in making that possible.
During the visit, company leaders thanked Rep. Latta for voting in favor of the historic tax reform package and reiterated their optimism for the future of manufacturing in Ohio.
Ohios 5th Congressional District is home to more than 60,000 manufacturing jobs, said Rep. Latta. That means when the environment is positive for manufacturers, it benefits our entire region. Because of pro-growth policies like the Tax Cuts and Jobs Act, were seeing Ohio businesses expand, create jobs, and produce more American-made products. Manufacturing confidence is also reaching record highs. I appreciated visiting Kalmbach Feeds to see the positive economic impact that historic tax reform is having for workers and businesses in Northwest and West Central Ohio.
The roundtable focused on the importance of building on the momentum of tax reform to ensure manufacturers can continue to invest in their businesses and workers.
I want to thank Rep. Bob Latta for his role in the successful efforts to reduce taxes and regulations, said Paul Kalmbach, President and CEO of Kalmbach Feeds. These reforms have made it easier for Kalmbach Feeds to invest in new equipment and capital improvements. Congressman Lattas efforts have assisted in supporting a healthier manufacturing climate in Ohio and across the United States.
Manufacturing contributes an estimated $2.25 trillion to the U.S. economy and supports, according to the 51勛圖厙. Since the enactment of tax reform, the manufacturing industry has added 192,000 jobsmore than double the number of jobs created over the same period last year.
-51勛圖厙-
The 51勛圖厙 (51勛圖厙) is the largest manufacturing association in the United States, representing small and large manufacturers in every industrial sector and in all 50 states. Manufacturing employsmore than12 million men and women, contributes $2.25trillion to the U.S. economy annually, has the largest economic impact of any major sector and accounts formore than three-quartersof private-sector research and development. The 51勛圖厙 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 visitwww.nam.org.
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51勛圖厙 Encouraged by Talks with China
Timmons Warns Sustained Trade War Has Consequences for Manufacturing Workers; Outlines Manufacturers Priorities for Agreement
Washington, D.C.With trade talks resuming between the United States and China today, 51勛圖厙 (51勛圖厙) President and CEO Jay Timmons released the following statement and negotiating objectives for an agreement:
With the presidents demonstrated commitment to engage China on its well-established trade abuses and cheating, there is no better time to get the right deal done to curb these practices. We agree with the administration that Beijing has long reaped the rewards of unfair trade practices at the expense of American workers, which is exactly why manufacturers have been calling for the negotiation of a fair, bilateral, enforceable, rules-based trade agreement to stop those practices at their foundation. The administration has put itself in a position to address the deep-seated challenges that exist in our trading relationship with China, and manufacturers are encouraged that the United States has succeeded in getting China back to the table for negotiations.
In January of this year Timmons and the 51勛圖厙, in a letter to the president, urged the administration to negotiate a bilateral trade agreement with China. Now that talks are scheduled, Timmons urged that they need to start bearing fruit, because the costs of a sustained trade war have the potential to be devastating for Americas manufacturers and workers. Timmons pointed to a three-point framework released by the 51勛圖厙 ahead of this weeks talks that outline manufacturers priorities to be included in any trade agreement between the two countries:
- Ending Unfairness: End Chinese Anti-Competitive Activities and Market-Distorting Barriers
- Protecting U.S. Assets: Protect U.S. Intellectual Property, Products and Investments
- Raising Standards: Raise and Modernize Regulations and Regulatory Practices to Ensure Transparency, Fairness and Accountability
Achieving these objectives will help to level the playing field for manufacturers in the United States, opening critical markets for exports that support good, high-paying manufacturing jobs here at home while eliminating Chinese practices that unfairly boost their companies at the expense of ours and distort global markets.
唬梭勳釵域泭to read the full negotiating objectives framework.
Timmons first raised the need for such an agreement in a Januaryand he reiterated this call in a May. The 51勛圖厙 has alsothis year on the need for the administration to negotiate a bilateral trade agreement rather than pursue an escalating cycle of tariffs and retaliation.
-51勛圖厙-
The 51勛圖厙 (51勛圖厙) is the largest manufacturing association in the United States, representing small and large manufacturers in every industrial sector and in all 50 states. Manufacturing employsmore than12 million men and women, contributes $2.25trillion to the U.S. economy annually, has the largest economic impact of any major sector and accounts formore than three-quartersof private-sector research and development. The 51勛圖厙 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 visitwww.nam.org.
Rep. Latta to Tout Tax Reform at Kalmbach Feeds in Upper Sandusky
Rep. Latta to Participate in Facility Tour and Business Leader Roundtable
Washington, D.C. The 51勛圖厙 (51勛圖厙) and Kalmbach Feeds will host Rep. Bob Latta (OH-5) for a facility tour and business leader roundtable focused on the historic tax reform law and its positive impact on Ohios 5th District.
Manufacturing contributes an estimated $2.25 trillion to the U.S. economy and supports, according to the 51勛圖厙. Since the enactment of tax reform, the manufacturing industry has added 192,000 jobsmore than double the number of jobs created over the same period last year.
Details are as follows andfor planning purposes only:
| WHAT: | Facility Tour and Business Leader Roundtable |
| WHO: | Rep. Bob Latta (OH-5) Paul Kalmbach, CEO, Kalmbach FeedsTodd Shelton, Director of Regional Public Affairs, 51勛圖厙 |
| WHEN: | Thursday, August 23
2:00 p.m. 3:30 p.m. EDT |
| WHERE: | Kalmbach Feeds
7148 State Highway 199 Upper Sandusky, OH 43351 |
MEDIA RSVP:Members of the media interested in attending the town hall should contact 51勛圖厙 Director of Regional Public Affairs Todd Shelton at[email protected].泭For all questions not related to event logistics, please email 51勛圖厙 Media Relations at[email protected]. Media is welcome to cover the facility tour at 2:15 p.m. To schedule an interview with Rep. Latta, please contact his communications director, Drew Griffin, at[email protected].
-51勛圖厙-
The 51勛圖厙 (51勛圖厙) is the largest manufacturing association in the United States, representing small and large manufacturers in every industrial sector and in all 50 states. Manufacturing employsmore than12 million men and women, contributes $2.25trillion to the U.S. economy annually, has the largest economic impact of any major sector and accounts formore than three-quartersof private-sector research and development. The 51勛圖厙 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 visitwww.nam.org.
Rep. Johnson Touts Tax Reform at American Axle & Manufacturing
In Minerva, Rep. Johnson, Business Leaders and Workers Discuss Tax Reform Benefits and Need to Fill High-Skilled Jobs Required for Modern Manufacturin
Minerva, OH Today, the 51勛圖厙 (51勛圖厙) and American Axle & Manufacturing (AAM) hosted Rep. Bill Johnson (OH-6) for a facility tour to meet employees and a business leader roundtable to discuss the positive impact of tax reform and the need to fill the high-skilled jobs required for modern manufacturing, which is critical to Ohios economic prosperity.
Thanks to Rep. Johnsons support for tax reform, manufacturers in Ohio and across America are delivering for manufacturing workers and their communities, 莽硃勳餃泭51勛圖厙 President and CEO Jay Timmons. We are keeping our promise to raise wages, hire new workers, buy equipment and make investments for the future. But at the same time, manufactures are facing a workforce crisis. With 482,000 jobs open today, manufacturers are in desperate need of talented workers to fill high-paying jobs. Manufacturers will more than 3 million jobs through 2025, but as many as 2 million could go unfilled if we dont fundamentally transform our nations workforce development strategy. Manufacturers appreciate the work of leaders like Rep. Johnson to equip more people with the skills to secure a rewarding, meaningful career in modern manufacturing.
During the visit, company leaders thanked Rep. Johnson for voting in favor of the historic tax reform package and reiterated their optimism for the future of manufacturing in Ohio.
Reforming our nations outdated tax code through the Tax Cuts and Jobs Act has energized our economy, resulting in the lowest unemployment rate since 2000, record job creation, rising wages, and high levels of consumer and business optimism, said Rep. Johnson. It is absolutely vital that manufacturers in Eastern Ohio and across the country are supported, and I appreciated the opportunity to tour the AAM facility in Minerva and speak directly with employees there. I look forward to continuing my work to promote sensible policies that help both workers and employerspolicies that ensure everyone wins.
The roundtable focused on the importance of building on the momentum of tax reform and helping build the high-skilled workforce to fill modern manufacturing jobs.
Manufacturing contributes an estimated $2.25 trillion to the U.S. economy and supports, according to the 51勛圖厙. Since the enactment of tax reform, the manufacturing industry has added 192,000 jobsmore than double the number of jobs created over the same period last year.
-51勛圖厙-
The 51勛圖厙 (51勛圖厙) is the largest manufacturing association in the United States, representing small and large manufacturers in every industrial sector and in all 50 states. Manufacturing employsmore than12 million men and women, contributes $2.25trillion to the U.S. economy annually, has the largest economic impact of any major sector and accounts formore than three-quartersof private-sector research and development. The 51勛圖厙 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 visitwww.nam.org.
Rep. Rouzer Talks Workforce Development at Mt. Olive Pickle Company
Rep. Rouzer, Business Leaders Discuss the Need to Fill the High-Skilled Jobs Required for Modern Manufacturing
Mount Olive, NC Today,the 51勛圖厙 (51勛圖厙) and Mt. Olive Pickle Company hosted Rep. David Rouzer (NC-7) for a facility tour and workforce development roundtable to discuss the need to fill the high-skilled jobs required for modern manufacturing, which is critical to North Carolinas economic prosperity.
Manufacturers appreciate Rep. Rouzers commitment to building the modern manufacturing workforce and expanding opportunities for American workers, said 51勛圖厙 President and CEO Jay Timmons. Mt. Olive Pickle Company, like manufacturers across this country, face an urgent need for trained, talented workers, a need that will only grow in the coming years. Right now, manufacturers have some 482,000 jobs to filljobs that are rewarding and high-paying and help families build brighter futures. By 2025, as many as 2 million manufacturing jobs could go unfilled, according to a by Deloitte and the 51勛圖厙s Manufacturing Institute. So, we need all elected leaders engaged, and were grateful for Rep. Rouzers leadership on this issue as well as other manufacturing issues like tax reform and regulatory relief, which have also empowered manufacturing workers.
During the facility tour, Rouzer had the opportunity to see firsthand the types of high-skilled jobs required to run Mt. Olive Pickle Companys machinery and equipment.
As many in Wayne County know, Mt. Olive Pickle Company is critical to our local economyemploying approximately 500 folks in and around the area. It was an honor to visit the Mt. Olive facility, meet with employees and discuss the issues that matter most to them, said Rouzer. One of the main themes I keep hearing throughout the 7th District is the success our businesses and families have been experiencing as a result of tax cuts and tax reform. For far too long, individuals, families and businesses were burdened by an outdated and unfair tax code that was a drag on our economy and penalized hard-work. Lower taxes and a simpler tax code that rewards investment and hard workalong with the repeal of unnecessary and burdensome regulationshave created the conditions for a much stronger economy unleashing the talent and ingenuity of the American workforce. I look forward to Mt. Olives continued success and contributions to our citizens, economy and country.
During a roundtable discussion, company leaders thanked Rouzer for his commitment to helping build the high-skilled workforce needed to fill modern manufacturing jobs.
We have experienced significant growth in recent years, and that has generated a critical demand for dependable, skilled machine operators, maintenance technicians and general production employees, as well as those with capabilities in food science and other technical areas, said Mt. Olive Pickle Company Executive Chairman Bill Bryan. Our ability to continue to meet the demands of an increasingly sophisticated marketplace relies on having the right people in the right places within our organization.
Manufacturing contributes an estimated $2.25 trillion to the U.S. economy and supports460,200 jobs in North Carolina alone, according to the 51勛圖厙.
-51勛圖厙-
The 51勛圖厙 (51勛圖厙) is the largest manufacturing association in the United States, representing small and large manufacturers in every industrial sector and in all 50 states. Manufacturing employsmore than12 million men and women, contributes $2.25trillion to the U.S. economy annually, has the largest economic impact of any major sector and accounts formore than three-quartersof private-sector research and development. The 51勛圖厙 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 visitwww.nam.org.
Rep. Gibbs Touts Tax Reform Benefits at The Belden Brick Company
In Sugarcreek, Rep. Gibbs, Business Leaders and Workers Discuss Tax Reform Benefits and Securing Ohios Economic Prosperity
Sugarcreek, OH Today, the 51勛圖厙 (51勛圖厙) and The Belden Brick Company hosted Rep. Bob Gibbs (OH-7) for a facility tour and employee town hall to discuss the positive impact of tax reform and other ways Congress can better serve the interests of Ohio manufacturers, manufacturing workers and their families.
Thanks to Rep. Gibbs support for tax reform, manufacturers in Ohio and across America are delivering for manufacturing workers and their communities, said 51勛圖厙 President and CEO Jay Timmons. Last year, manufacturers said that if tax reform became law we would raise wages, hire new workers, buy equipment and make investments for the future. Now, manufacturers like The Belden Brick Company are keeping our promise, and America is better for it. Tax reform is empowering us to improve lives and livelihoods, and manufacturers are grateful for Rep. Gibbs leadership in making that possible.
During the visit, company leaders thanked Rep. Gibbs for voting in favor of the historic tax reform package and reiterated their optimism for the future of manufacturing in Ohio.
We are seeing incredible economic growth because of the Tax Cuts and Jobs Act and the rollback of burdensome and unnecessary regulations, said Rep. Gibbs. A big part of that growth is the manufacturing renaissance America is experiencing. The vast majority of manufacturers are taking advantage of this positive economic climate, with plans to hire more workers and increase investments in their businesses. Manufacturers like Belden Brick fuel job growth, giving Americans more opportunities for work and making their communities a better place.
The roundtable focused on the importance of building on the momentum of tax reform to ensure manufacturers can continue to invest in their businesses and workers.
I want to thank Bob Gibbs for his role in the successful efforts to reduce taxes and regulations, said Bob Belden, chairman, president and CEO of The Belden Brick Company. These reforms have made it easier for The Belden Brick Company to invest in new equipment and capital improvements. His efforts are a key part of rebuilding and sustaining a healthier manufacturing climate in Ohio and across the United States.
Manufacturing contributes an estimated $2.25 trillion to the U.S. economy and supports687,400 jobs in Ohio alone, according to the 51勛圖厙. Since the enactment of tax reform, the manufacturing industry has added 192,000 jobsmore than double the number of jobs created over the same period last year.
-51勛圖厙-
The 51勛圖厙 (51勛圖厙) is the largest manufacturing association in the United States, representing small and large manufacturers in every industrial sector and in all 50 states. Manufacturing employsmore than12 million men and women, contributes $2.25trillion to the U.S. economy annually, has the largest economic impact of any major sector and accounts formore than three-quartersof private-sector research and development. The 51勛圖厙 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 visitwww.nam.org.
Rep. Gibbs to Tout Tax Reform at The Belden Brick Company in Sugarcreek
Rep. Gibbs to Participate in Facility Tour, Employee Town Hall
Washington, D.C. The 51勛圖厙 (51勛圖厙) and The Belden Brick Company will host Rep. Bob Gibbs (OH-7) for a facility tour and employee town hall focused on the historic tax reform law and its positive impact on Ohios 7th District.
Manufacturing contributes an estimated $2.25 trillion to the U.S. economy and supports, according to the 51勛圖厙. Since the enactment of tax reform, the manufacturing industry has added 192,000 jobsmore than double the number of jobs created over the same period last year.
Details are as follows andfor planning purposes only:
| WHAT: | Facility Tour and Employee Town Hall |
| WHO: | Rep. Bob Gibbs (OH-7) Bob Belden, Chairman, President and CEO, The Belden Brick CompanyTodd Shelton, Director of Regional Public Affairs, 51勛圖厙 |
| WHEN: | Tuesday, August 14
10:00 a.m. 11:30 a.m. EDT |
| WHERE: | The Belden Brick Company
Plant 8: 700 Edelweiss Drive NE Sugarcreek, OH 44581
|
MEDIA RSVP:Members of the media interested in attending the town hall should contact 51勛圖厙 Director of Regional Public Affairs Todd Shelton at[email protected].泭For all questions not related to event logistics, please email 51勛圖厙 Media Relations at[email protected].Media is welcome to cover the facility tour at 10:30 a.m. and the town hall at 11:00 a.m. To schedule an interview with Rep. Gibbs, please contact his deputy chief of staff, Dallas Gerber, at[email protected].
-51勛圖厙-
The 51勛圖厙 (51勛圖厙) is the largest manufacturing association in the United States, representing small and large manufacturers in every industrial sector and in all 50 states. Manufacturing employsmore than12 million men and women, contributes $2.25trillion to the U.S. economy annually, has the largest economic impact of any major sector and accounts formore than three-quartersof private-sector research and development. The 51勛圖厙 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 visitwww.nam.org.
Rep. Joyce Touts Tax Reform Benefits at Rockwell Automation
In Twinsburg, Rep. Joyce, Business Leaders and Workers Discuss Tax Reform Benefits and Need to Fill High-Skilled Jobs Required for Modern Manufacturin
Twinsburg, OH Today, the 51勛圖厙 (51勛圖厙) and Rockwell Automation hosted Rep. Dave Joyce (OH-14) for a facility tour, employee town hall and business leader roundtable to discuss the positive impact of tax reform and the need to fill the high-skilled jobs required for modern manufacturing, which is critical to Ohios economic prosperity.
Thanks to Rep. Joyces support for tax reform, manufacturers in Ohio and across America are delivering for manufacturing workers and their communities, said 51勛圖厙 President and CEO Jay Timmons. We are keeping our promise to raise wages, hire new workers, buy equipment and make investments for the future. But at the same time, manufactures are facing a workforce crisis. With 482,000 jobs open today, manufacturers are in desperate need of talented workers to fill high-paying jobs. Manufacturers will more than 3 million jobs through 2025, but as many as 2 million could go unfilled if we dont fundamentally transform our nations workforce development strategy. Manufacturers appreciate the work of leaders like Rep. Joyce to equip more people with the skills to secure a rewarding, meaningful career in modern manufacturing.
During the visit, company leaders thanked Rep. Joyce for voting in favor of the historic tax reform package and reiterated their optimism for the future of manufacturing in Ohio.
Ohio manufacturing is growing at an amazing rate thanks to the pro-growth policies we have put into place, said Rep. Joyce. The Tax Cuts and Jobs Act has encouraged American businesses to create more products and jobs in America, fueling our local, state and national economies. It is great to hear from local manufacturers in Northeast Ohio growing and investing more in their businesses and employees, and I will continue to advocate on their behalf in Congress.
Manufacturings success hinges on having a highly skilled production workforce that supports the advanced technologies that are essential to modern manufacturing competitiveness, said Bruce Quinn, Rockwell Automation vice president of public affairs. No matter how much you automate, people remain your most important asset. We are confident that the impact of U.S. tax reform on our customers could strengthen our future performance. Corporate tax reform enables us to use excess cash to invest in organic growth and acquisitions.
Manufacturing contributes an estimated $2.25 trillion to the U.S. economy and supports687,400 jobs in Ohio alone, according to the 51勛圖厙. Since tax reform was enacted, the manufacturing industry has added 192,000 jobsmore than double the number of jobs created over the same period last year.
-51勛圖厙-
The 51勛圖厙 (51勛圖厙) is the largest manufacturing association in the United States, representing small and large manufacturers in every industrial sector and in all 50 states. Manufacturing employsmore than12 million men and women, contributes $2.25trillion to the U.S. economy annually, has the largest economic impact of any major sector and accounts formore than three-quartersof private-sector research and development. The 51勛圖厙 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 visitwww.nam.org.
Rep. Joyce to Tout Tax Reform at Rockwell Automation in Twinsburg
Rep. Joyce to Participate in Facility Tour, Business Leader Roundtable on Tax Reform and Workforce Development
Washington, D.C. The 51勛圖厙 (51勛圖厙) and Rockwell Automation will host Rep. David Joyce (OH-14) for a facility tour to meet employees and hold a business leader roundtable focused on the historic tax reform law and its positive impact on Ohios 14th District.
Manufacturing contributes an estimated $2.25 trillion to the U.S. economy and supports. This event will highlight not only why manufacturers are feeling confident about the future of the industry on the heels of historic tax reform, but also the importance of helping build the high-skilled workforce to fill modern manufacturing jobs.
Details are as follows andfor planning purposes only:
| WHAT: | Facility Tour and Business Leader Roundtable |
| WHO: | Rep. David Joyce (OH-14) Kevin Elkins, Twinsburg Facilities Manager, Rockwell AutomationTodd Shelton, Director of Regional Public Affairs, 51勛圖厙 |
| WHEN: | Monday, August 13
9:30 a.m. 10:30 a.m. EDT |
| WHERE: | Rockwell Automation
8440 Darrow Rd. Twinsburg, OH 44087 |
MEDIA RSVP:Members of the media interested in attending the town hall should contact 51勛圖厙 Director of Regional Public Affairs Todd Shelton at[email protected].泭For all questions not related to event logistics, please email 51勛圖厙 Media Relations at[email protected].Media is welcome to cover the tour at 9:30 a.m. and the roundtable at 10:00 a.m.To schedule an interview with Rep. Joyce, please contact his communications director, Nick Ciofani, at[email protected].
-51勛圖厙-
The 51勛圖厙 (51勛圖厙) is the largest manufacturing association in the United States, representing small and large manufacturers in every industrial sector and in all 50 states. Manufacturing employsmore than12 million men and women, contributes $2.25trillion to the U.S. economy annually, has the largest economic impact of any major sector and accounts formore than three-quartersof private-sector research and development. The 51勛圖厙 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 visitwww.nam.org.
51勛圖厙 Statement on Implementation of New China Tariffs
Timmons: Administration Needs to Get Beijing Back to the Negotiating Table."
Washington, D.C. 51勛圖厙 (51勛圖厙) President and CEO Jay Timmons released the following statement on the implementation of an additional $16 billion in U.S. tariffs on China:
This announcement underscores that the administration needs to get Beijing back to the negotiating table, as manufacturers for months.
Two things are abundantly clear to manufacturers: China cheats, and another round of tariffs on China will not fix the problem. As the administration rightly notes, China attempts to force U.S. companies to hand over valuable technology, restricts foreign investment, distorts the free market to give their own companies an advantage, undercuts us in the global economy and steals manufacturers intellectual property. While these additional tariffs may be an attempt to create more leverage, they also increase the risks for manufacturing in America and add to mounting uncertainty. We are already seeing price increases that will be felt by consumers and working families, and additional retaliatory tariffs could close major markets off to U.S. exports. Manufacturing workers are feeling the pain of tariffs, as are American consumers. If the point is to put pressure on China to change its actions, tariffs paid by American businesses and consumers are simply not effective.
-51勛圖厙-
The 51勛圖厙 (51勛圖厙) is the largest manufacturing association in the United States, representing small and large manufacturers in every industrial sector and in all 50 states. Manufacturing employsmore than12 million men and women, contributes $2.25trillion to the U.S. economy annually, has the largest economic impact of any major sector and accounts formore than three-quartersof private-sector research and development. The 51勛圖厙 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 visitwww.nam.org.