Heard the one about the Chinese imports arriving on our shores for less than the cost of raw materials…?
We have, too, and now as a result of the NAM’s leadership on this issue, there is a bill introduced in the Congress that will make it easier to press WTO cases against a non-market economy like China for illegal subsidies. Here’s a link to the actual bill, introduced on the House side by Reps. Phil English (R-PA) and Artur Davis (D-AL) and in the Senate by Sens. Susan Collins (R-ME) and Evan Bayh (D-IN), a truly bipartisan effort.
Please write to your member of Congerss and urge them to support the Stop Overseas Subsidies Act. Here’s a sample letter, or to make things easier, here’s a link to send a message, which several hundred of your fellow manufacturers have already done since yesterday.
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