Trade Cases
January 13, 2020
AAM: China Deal “Completely Inadequate”
Written by Sandy Williams
The Alliance for American Manufacturing is more than a little skeptical that the China Phase One trade agreement will have value for American workers, calling it “completely inadequate” in a letter to President Trump.
“The agreement does not level the playing field for American workers in the U.S. or global market,” wrote AAM President Scott Paul in the letter. “With nearly all the major structural issues left unresolved – including industrial subsidies, overcapacity, state-owned enterprises, predatory investment, currency manipulation and misalignment, cyber intrusions, worker rights, environmental rules, and tax policy – we urge an immediate resumption of negotiations and sustained economic pressure.
