Mind and Destiny

“I make no pretension to patriotism. So long as my voice can be heard ... I will hold up America to the lightning scorn of moral indignation. In doing this, I shall feel myself discharging the duty of a true patriot; for he is a lover of his country who rebukes and does not excuse its sins. It is righteousness that exalteth a nation while sin is a reproach to any people.”- Frederick Douglass

Location: Delhi, N.Y., United States

The author and his webmaster, summer of 1965.

Friday, December 02, 2016

Global Supply Chain

President Obama negotiated a Trans-Pacific Partnership in order to open markets, protect workers, the environment, and advance America’s leadership in Asia.  The deal would cut 18,000 foreign taxes on products Made in America, and ensures that China doesn't set the rules.  Congress needs to approve that agreement, and our next president needs to enforce it.

Some foreign countries have cheated by keeping American goods out of their markets, and unfairly subsidizing their businesses to undercut our businesses.  The worst violators don’t even have trade deals with us.

Most of the manufacturing jobs that we’ve lost over the past decade weren’t the result of trade deals.  They were the result of technology and automation that enables businesses to produce more with fewer workers.

Since President Obama was inaugurated in 2009, the United States has filed 23 enforcement complaints at the World Trade Organization (WTO) – the chief world forum for enforcing international trade rules.  That’s more complaints than any other WTO Member.  We have won every dispute that has been decided by the WTO so far.
Export figures and industry estimates confirm that these enforcement wins are worth billions of dollars combined for American farmers and ranchers; manufacturers of high tech steel, aircraft, and automobiles; solar energy exporters; cutting edge service providers; and many others.  And keep in mind that every billion dollars of American goods and services exports supports nearly 5,800 jobs.

President Obama put a tariff on steel tubing that was being dumped by China.  That tariff led to a 700 million dollar steel mill being created in Youngstown, Ohio.  We’ll never put technology back in a box, but we must not cut ourselves off from the global supply chain.  The 4,500 new jobs in Youngstown are an example of the importance of participating in a global supply chain. 


Blogger Luke said...

And those lost jobs are not coming back, as Trump likes to promise.

6:37 PM  

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