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Anti-currency manipulation key to improved economy
31 Jan '08
2 min read
To stop currency manipulation, AMTAC supports immediate passage of H.R. 2942, the Fair Currency Act of 2007, introduced by U.S. Congressmen Tim Ryan (D-OH) and Duncan Hunter (R-CA). This bill would discourage currency manipulation by China and other countries by giving injured parties the right to seek a remedy under U.S. countervailing duty (CVD) law.
Despite the loss of 3.28 million jobs since 2000, the U.S. manufacturing sector still employs 13.92 million Americans. The average annual pay in 2006 for a U.S. manufacturing worker was $51,427 compared to $25,567 for U.S. retail trade workers, $39,115 for U.S. education and health services workers, and $17,781 for U.S. leisure and hospitality workers.
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Despite the loss of 3.28 million jobs since 2000, the U.S. manufacturing sector still employs 13.92 million Americans. The average annual pay in 2006 for a U.S. manufacturing worker was $51,427 compared to $25,567 for U.S. retail trade workers, $39,115 for U.S. education and health services workers, and $17,781 for U.S. leisure and hospitality workers.
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American Manufacturing Trade Action Coalition
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