President of the Association of American Manufacturers Tariffs on China have not led to a significan

Mondo Social Updated on 2024-02-17

According to Hong Kong's "South China Morning Post" on February 14, the head of a **group refuted a view that the United States has continued to express that tariffs on imports from China have caused a surge in manufacturing jobs in the United States.

Jay Timmons, president of the National Association of Manufacturers, said in Washington on the 13th: "Before any elected or appointed ** in the United States starts talking about how good the tariff policy is, it is necessary to look at the actual results that these policies have brought to American manufacturers, and the reality that this has cost American manufacturing workers jobs." ”

According to the report, Dai Qi, the representative of the United States, issued a statement on the 12th, saying that maintaining the tariff policy is of "strategic significance" to revive the American manufacturing industry. Tai said the tariffs, combined with other important initiatives supported by Biden, have stimulated manufacturing in the United States.

U.S. manufacturers added only $1 to their economies in 2023, according to the U.S. Bureau of Labor Statistics, despite punitive tariffs on imports from China and billions of dollars in subsidies and tax breaks20,000 jobs.

According to the report, when Timmons attended the 2024 Washington International ** Conference, he cited Stanley Black & Decker, a U.S. tool and hardware manufacturer, as an example, saying that the tariffs are "unfair to many U.S. manufacturers." Stanley Black & Decker has laid off hundreds of employees and blamed the layoffs on tariff-related losses.

The tariffs, he said, "create a situation where assembled drills imported from China are cheaper than those assembled locally in the United States, because parts are subject to tariffs when they enter the United States." He called for legislation to eliminate tariffs on goods used to manufacture products in the United States.

In recent weeks, worrying U.S. manufacturers and allies, Trump has promised to impose a uniform tariff of 60 percent on all imports from China and 10 percent on all other imports if he returns to the White House, the report said.

"A shot like that is bound to bring a counterattack," Timmons said. "With retaliatory tariffs in place, this practice could seriously damage the global ** system. (Compiled by Li Fengqin).

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