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Duty-free LDC bill another China giveaway – AMTAC
19 Oct '07
3 min read
The American Manufacturing Trade Action Coalition (AMTAC) expressed deep disappointment at the introduction of the New Partnership for Development Act (NPDA) by Congressman Jim McDermott (D-WA).
The legislation would give duty-free access to the U.S. market to imports of all products from virtually all Least Developed Countries (LDCs) and African Growth and Opportunity Act (AGOA) countries.
“This bill represents a substantial threat both to U.S. manufacturing, especially the domestic textile industry, and to our preference partners in Latin America and Africa.
"This bill continues a long pattern of trade legislation that appears well intended, but in reality, has severe consequences for U.S. companies and their workers. That is why AMTAC fiercely opposes this legislation,” said AMTAC Executive Director Auggie Tantillo.
“This legislation is just another example of the seemingly endless assault on U.S. manufacturing by some in Congress. Passage of this bill will cost thousands of good paying manufacturing jobs that are essential to a healthy U.S. middle class. This legislation is a continuation of disastrous polices that have forced manufacturing employment in this country to its lowest level since 1950,” Tantillo charged.
“The U.S is the most open market in the world. No other country runs a trade deficit remotely close to the $758 billion trade imbalance we experienced last year. Yet, there are those in Congress who aren'tconvinced that U.S. workers have contributed enough in the fight to alleviate global poverty.
The legislation would give duty-free access to the U.S. market to imports of all products from virtually all Least Developed Countries (LDCs) and African Growth and Opportunity Act (AGOA) countries.
“This bill represents a substantial threat both to U.S. manufacturing, especially the domestic textile industry, and to our preference partners in Latin America and Africa.
"This bill continues a long pattern of trade legislation that appears well intended, but in reality, has severe consequences for U.S. companies and their workers. That is why AMTAC fiercely opposes this legislation,” said AMTAC Executive Director Auggie Tantillo.
“This legislation is just another example of the seemingly endless assault on U.S. manufacturing by some in Congress. Passage of this bill will cost thousands of good paying manufacturing jobs that are essential to a healthy U.S. middle class. This legislation is a continuation of disastrous polices that have forced manufacturing employment in this country to its lowest level since 1950,” Tantillo charged.
“The U.S is the most open market in the world. No other country runs a trade deficit remotely close to the $758 billion trade imbalance we experienced last year. Yet, there are those in Congress who aren'tconvinced that U.S. workers have contributed enough in the fight to alleviate global poverty.
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