Issues

CHINA CHEATS

As the presidential candidates campaign throughout the United States, they’re finally starting to talk about lost U.S. manufacturing jobs. But they’re missing a very key point: “China Cheats.”

China uses illegal trade practices like dumping, subsidies, and currency manipulation to undercut U.S. manufacturers. Learn more: How China Cheats.

Some facts to consider

•The U.S has lost more than 3.5 million manufacturing jobs since 2000.

•A recent EPI study found that the U.S. has lost more than 1.8 million jobs since 2001 just as a result of the U.S. trade deficit with China.

•More than 40,000 factories have closed nationwide in the past 10 years.

•Manufacturing accounts for $1.6 trillion of U.S. GDP (12%), and accounts for nearly three-fourths of the nation’s industrial research and development.

A continuing loss of U.S. manufacturing means more unsafe imports and a greater dependence on foreign factories to produce both our everyday consumer goods and military hardware. Voters need to tell candidates: “Before you get my vote, I want to know how you’ll stop China’s cheating.”

Taking action on China and enforcing U.S. trade law works: A recent report by the Alliance for American Manufacturing (AAM) found that when U.S. trade laws are enforced, workers, communities, and businesses are able to contribute 50 times more to the economy than any resulting increase in consumer prices.

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