Tag

Trade

Passage of Customs Legislation is a Promise Kept

By | Shopfloor Main, Shopfloor Policy, Trade | No Comments

Today’s strong Senate vote to send the conference report to H.R. 644, the Trade Facilitation and Trade Enforcement Act, to the President’s desk for signature is an enormous victory for manufacturers.  Outdated customs and border policies are costing American manufacturers billions of dollars a year in increased operating costs and unfair trade; they are essentially requiring businesses across the country to compete with one hand tied behind their backs.  It is long past time to bring these policies up to date by cutting red tape and implementing practices that will strengthen manufacturers’ ability to compete globally on a fair and level playing field.

In spite of widespread support among many industries, including ours, and across party lines, this legislation has endured a long road to final passage.  When Trade Promotion Authority and trade preference and adjustment legislation were enacted more than seven months ago, lawmakers made promises to grow manufacturing in the United States by completing the work on trade facilitation and enforcement legislation.  Today’s final passage of this critical trade legislation is an important promise kept to manufacturers big and small throughout the United States.

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Manufacturers Press for New U.S.-EU Safe Harbor Agreement Amid Uncertainty

By | Shopfloor Policy, Trade | No Comments

U.S. and EU officials are meeting this week in Brussels in an effort to negotiate an updated agreement that would enable companies to seamlessly transfer data between subsidiaries. This ability to transfer data across the Atlantic was thrown into doubt on October 6 when the Court of Justice of the European Union (CJEU) ruled to effectively dismantle the U.S.–EU Safe Harbor Framework. The original framework, adopted in 2000, had enabled companies to self-certify that they were providing “adequate” protection of EU citizens’ personal data.

The nullification of Safe Harbor has caused considerable uncertainty for the more than 4,400 U.S. and European companies that had operated under the previous agreement. These companies had represented more than 100 industry sectors across a broad range of manufacturers, many of which were small- and medium-sized businesses. Read More

COOL: One Step Closer to Repeal

By | Shopfloor Policy, Trade | No Comments

Congress is one step closer to staving off retaliation on U.S. manufactured exports to our two largest trading partners, Canada and Mexico. The Senate amendment to H.R. 2029, the “Consolidated Appropriations Act, 2016”, includes text which would repeal provisions of the U.S. Country of Origin Labeling (COOL) rule for muscle cuts of meat that have been found by the World Trade Organization (WTO) four times to be noncompliant with our international trade obligations. Read More

New Poll Finds Voters in Four “Heartland” States Favor Engagement with Cuba

By | Shopfloor Policy, Trade | No Comments

Earlier this week, the Engage Cuba coalition – of which the NAM is a partner – released with the Atlantic Council the results of a new poll that found a majority of Americans in four key “heartland” states support President Barack Obama’s decision to restore diplomatic ties with Cuba and are in favor of lifting all restrictions on travel to the island. Read More

To TTIP or Not to TTIP: A Moment of Truth for Transatlantic Trade Talks

By | Shopfloor Policy, Trade | No Comments

With the 11th round of Transatlantic Trade and Investment Partnership (TTIP) talks underway this week in Miami, it’s time for the United States and European Union to get serious and make tangible progress toward a comprehensive agreement that delivers concrete market access, tackles regulatory differences, creates enforceable rules and sets high standards that can be a model for third-world countries. Read More

The Right TPP to Grow Manufacturing and Jobs in the U.S.

By | Trade | No Comments

Negotiators from the twelve Trans-Pacific Partnership (TPP) countries are meeting this week in Atlanta, GA, to seek to close a final TPP agreement. Manufacturers in the U.S. are watching closely to see if negotiators aim for trade and investment liberalization with high-standards that will increase the opportunities and competitiveness of America’s manufacturing sector and expand opportunities for new partnerships that will benefit all of the TPP nations. Read More

HANNOVER MESSE 2016 Press Conference: New Manufacturing Technologies are Gateways for Global Competitiveness

By | General | No Comments

Leading manufacturing CEOs and U.S. and International trade officials gathered in Chicago, Illinois, for a press conference today to discuss the state of manufacturing in advance of HANNOVER MESSE 2016—the world’s largest and most prominent industrial technology event.  The United States has the distinction of partner country for next year’s gathering, which will take place April 25-29, 2016, in Hannover, Germany. Read More

NAM Continues Executive Insights Series in Cleveland

By | Executive Insights | No Comments

The NAM’s Jay Timmons joined leading manufacturing CEOs from Sherwin-Williams, Marlin Steel and Goodyear Tire and Rubber Company in Cleveland yesterday as part of the NAM’s Executive Insights series. Panelists discussed the importance of advancing policies and regulations to support manufacturing, and in turn, create jobs and grow the economy in Ohio and across the United States.

Manufacturers’ contribution to the U.S. economy has steadily risen since 2009, reaching $2.09 trillion in 2014. In Ohio alone, manufacturing output was $99.83 billion in 2013, directly employing 682,600 jobs in the state in 2014. However, we need the right public policy and tools to keep America growing –to promote free and fair trade, diverse energy options, immigration reform, tax, health care and legal reform, and improved infrastructure. Read More

Is India “Open For Business”?

By | Trade | No Comments
Timmons delivers opening remarks at U.S.-India Trade Policy Briefing

Timmons delivers opening remarks at U.S.-India Trade Policy Briefing

Members of Congress, policy experts, economists, and industry leaders gathered at the Newseum in downtown Washington, D.C., yesterday morning for a policy breakfast briefing event to examine an important question: “Is India Open For Business?” after the first year of the Modi government. Read More