The National Association of Manufacturers (NAM) yesterday urged the U.S. government to boost its efforts to protect U.S. manufacturing innovation against the threat of intellectual property (IP) theft globally in a detailed submission to the Office of the U.S. Trade Representative (USTR). Innovation and IP remains the foundation for a globally competitive manufacturing sector in the United States. Yet, global infringement of IP, including patents, trade secrets, trademarks and copyrights, hurts the ability of manufacturers in the United States to not only innovate but also to sustain and create well-paying jobs. The NAM looks forward to working closely with the Trump administration on stepped-up and vigorous efforts to combat IP theft and to protect and secure strong enforcement of IP rights both at home and abroad. Read More
The Obama administration closed the book on engagement with China last week with the annual meetings of the Joint Commission on Commerce and Trade (JCCT). These meetings, which ran from November 21 to 23 in Washington, D.C., pushed for full implementation of previous commitments and some new language on manufacturing-relevant issues, such as new commitments on China’s trade secrets and online anti-counterfeiting efforts, industrial policy issues in cybersecurity and competition and specific policy concerns in sectors like semiconductors, medical devices, pharmaceuticals and food processing. However, the session still focused more on statements of broad principle and extended dialogue, such as on overcapacity, versus the types of specific, concrete policy changes that are needed to address significantly the many longstanding issues facing the U.S. manufacturing sector in China.
At the end of the day, manufacturers need to see progress on these issues, and it is that concrete progress that manufacturers view as the benchmark for the U.S. approach to China. China stands as one of the United States’ largest commercial relationships, with more than $560 billion in bilateral trade and $3 billion in bilateral investment. While the third largest market for U.S.-manufactured goods exports, China also persistently ranks as one of the most frequently cited trouble spots for manufacturers in the United States, with a range of market-distorting policies and practices, such as industrial overcapacity, insufficient intellectual property infringement and protectionist industrial policies. All of these policies harm the ability of manufacturers to open new or expand U.S. factories, sell more at home and abroad and provide good-paying manufacturing jobs here in the United States.
Heading into the next administration, the U.S. government must strengthen U.S. efforts, working with the industry and global trading partners, to hold China accountable to both global trading rules and China’s own trade commitments so that China does not continue to advance its domestic industry at the expense of ours. Such efforts must produce smart, practical outcomes that hold China accountable, while also ensuring that manufacturers in the United States and their workers that depend on a rules-based trading relationship with China are not put at risk. Commercial dialogues like the JCCT are an important part of the toolkit to address those barriers alongside other bilateral and multilateral dialogues, work within the World Trade Organization and the robust use of trade enforcement tools both domestic and international as well as trade and investment negotiations that address additional market-distorting activities.
Manufacturers in the United States are committed to building a robust trading relationship with China but will not settle for anything less than a free and fair competitive landscape where both countries are playing by the same rules.
The National Association of Manufacturers (NAM) today urged the U.S. government and other stakeholders to address trade barriers faced by manufacturers in the United States in markets around the world. In its detailed submission to the Office of the U.S. Trade Representative for its National Trade Estimate Report (NTE), the NAM described a wide variety of foreign trade barriers that undermine the ability of manufacturers in the U.S. market to compete on a level playing field in international markets, which, in turn, undermines U.S. economic opportunities here at home. Read More
The United States and India concluded the last major bilateral commercial dialogue of the Obama administration today in Delhi, wrapping up a week of workshops and high-level bilateral meetings with a long joint statement on commercial topics. While this year’s dialogue included language that indicates discussion on issues that better reflects manufacturers’ priorities, such as discussions on intellectual property and customs clearance, it still lacked specific, concrete outcomes that manufacturers in the United States sought to be addressed in order to improve significantly U.S. commercial engagement with India.
Earlier today, Colombia doubled down on recent anti-innovation steps that continue to prompt questions about the country’s commitment to an open, pro-manufacturing investment climate that is needed to grow its economy. By confirming plans to enforce a Declaration of Public Interest (DPI) and force a 45 percent price cut for Glivec, an innovative pharmaceutical product, Colombia’s Ministry of Health and Social Protection (MHSP) took a step that is not only unwarranted, but also undermines its own economic growth trajectory. Read More
Top U.S. officials are setting travel plans now for the second-annual Strategic and Commercial Dialogue (S&CD), set for the week of August 28 in New Delhi. This year’s S&CD will be a litmus test for these dialogues, demonstrating whether they can show real progress on concrete issues impacting manufacturers in the United States or just produce more talk. Read More
India missed a clear opportunity to signal that it is serious about Prime Minister Narendra Modi’s promises for the country to become an “innovation hub” last week with the release of its long-awaited National Intellectual Property Rights (IPR) Policy. Far from being the breakthrough document that India’s government has claimed, the final policy framework shows little improvement to critical language and new, troubling provisions in key areas, such as patents and trade secrets. Read More
Last week, Indian media reports broke the news that Indian Prime Minister Narendra Modi would travel to Washington for a bilateral summit with President Barack Obama, marking his fourth trip to the United States in two years. As the two governments prepare for this visit as well as for major bilateral dialogues on economic and commercial issues, the National Association of Manufacturers (NAM) today issued targeted commercial priorities for the U.S. government to engage with India in 2016—priorities that require concrete actions by which manufacturers in the United States will gauge the success of this engagement. Read More
A new report released today by the Office of the U.S. Trade Representative (USTR) stressed the importance of intellectual property (IP) around the world and the danger of global IP infringement for American jobs, innovation and competitiveness. IP protection is a top manufacturing issue: innovation drives U.S. global leadership in manufacturing and promotes good-paying jobs and economic growth in a sector that is innovating more than ever before. This year’s Special 301 Report highlights specific challenges faced by manufacturers in the United States in NAM priority markets, such as Colombia, India and China. The report also analyzes global challenges, such as weak trade secret protection, counterfeiting and piracy and inadequate protection of patents in detail. Read More
U.S. and European government officials, companies and other stakeholders converge on New York this week for the 13th round of negotiations on the Transatlantic Trade and Investment Partnership (TTIP). Manufacturers continue to stress that negotiators should not settle for anything less than the kind of comprehensive, far-reaching agreement that further strengthens the U.S.-EU economic relationship, eliminates barriers to trade and investment and sets high global standards that promote robust investment that drives global growth and higher standards of living. Read More