The Alliance for American Manufacturing is an industry group, or perhaps a lobby is a better way to put it. Whatever its role, the group, and some like minded Congressmen believe that China’s ongoing thwarting of WTO rules could cost the US car industry as many as 1.6 million jobs
The hot button of the data released by the AAM is that China’s actions will undermine the president’s efforts to re-build the US manufacturing sector. Of course, high labor costs in America could keep that from happening.
But, the AAM contends that
-More than 1.6 million U.S. auto parts jobs are at risk due to China’s persistent violations of World Trade Organization (WTO) rules.
-More than 400,000 jobs in the U.S. auto supply chain have been lost since 2000 as a result of China’s predatory trade practices over the last decade,
-Unless China’s predatory trading practices are challenged by Washington, they pose a threat to the Obama Administration’s goal of a manufacturing recovery as outlined in the President’s State of the Union address.
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