Record Imports from China Hurt U.S. Manufacturing
November 6, 2015 | AAMEstimated reading time: Less than a minute
The Commerce Department released the latest monthly U.S. trade figures Wednesday. Chinese imports into the U.S. topped an all-time monthly record in September at $45.7 billion.
“Imports from China are killing America’s manufacturing recovery. We’ve seen widespread layoffs in steel, a sharp drop in the manufacturing ISM index over the past year, and net job losses in manufacturing over the summer. I only wish someone in the Obama administration or Congressional leadership understood how serious this challenge is,” says Alliance for American Manufacturing President Scott Paul.
“Our private sector firms are competing against the autocratic Chinese government and its subsidies, exchange rate policies, and gigantic industrial overcapacity. In addition to fairly adjudicating trade cases, it’s time for the Obama administration and Congress to give new tools to our industry and workers to fight against unfair imports from China,” Paul added.
Suggested Items
Simbe Partners with Plexus to Scale Manufacturing and Meet Global Retail Demand
05/08/2024 | Globe NewswireSimbe, the leading provider of Store Intelligence™ solutions that increase retailer performance through unprecedented visibility and insights, today announced a partnership with Plexus Corp. to bring its best-in-class retail robotics-as-a-service to market quickly and at global scale.
AIM Solder Signs Shinil Fl Ltd. as New Distributor for Korea
05/08/2024 | AIM SolderAIM Solder, a leading global manufacturer of solder assembly materials for the electronics industry, is pleased to announce a new distribution partnership with Shinil Fl Ltd., a prominent supplier of technological solutions in the SMT and semiconductor sectors.
Real Time with… IPC APEX EXPO 2024: Innovative Lamination Technology
05/07/2024 | Real Time with...IPC APEX EXPOKevin Barrett of Insulectro and Victor Lazaro of Indubond discuss their companies' partnership, focusing on Indubond's innovative lamination technology that uses induction heating. They discuss the advantages of this technology over traditional methods, its benefits to customers, and the crucial role of automation in manufacturing.
Nolan’s Notes: Coming to Terms With AI
05/07/2024 | Nolan Johnson -- Column: Nolan's NotesHow fast do things move in the world of data analytics? Here’s an example. We’ve been planning this issue on artificial intelligence for the past few months, and, in fact, I had already written this column about a month ago. Then I went to IPC APEX EXPO and upended it all. I originally had compared AI to drag racing in that (CPU) horsepower and new (data) vehicles have steadily delivered higher performance competition. That seemed pretty accurate given how generative AI models dominated the popular media with amazing results—and sometimes spectacular crashes.
DDM Novastar Unveils Affordable NovaPlace Automatic Pick and Place Systems
05/06/2024 | DDM Novastar Inc.DDM Novastar, a prominent U.S. manufacturer specializing in SMT and PCB assembly equipment, proudly announces the recent launch of their NovaPlace Pick & Place systems. This new line introduces entry-level yet high-performance pick and place machines.