U.S. November jobs report bleak
U.S. textile companies on behalf of a large-scale organization of textile excuse for the United States in November bleak employment report, asking the Government to take a series of measures to revitalize the manufacturing sector and the U.S. economy.
American Manufacturing Trade Action Coalition (AMTAC), executive director Auggie Tantillo said that in November to reduce the 533,000 jobs, 85,000 of which occurred in the manufacturing sector. He said only the United States out of economic difficulties is the way to create more wealth. To stimulate the production of the manufacturing sector is the best way to create millions of new middle-class jobs, so as to revive the U.S. economy.
Tantillo said the accused to receive fair trade non-subsidized foreign imports in the overall economic impact on jobs. The failure of the U.S. international economic and trade policy must be Obama was elected president and Congress to address first. He summed up the settlement of international trade in five steps, which affected the U.S. textile industry and other manufacturing enterprises to survive and develop.
1) abolish the preferential tax rate at home and abroad, because they undermine the competitiveness of U.S. businesses, or to prevent U.S. companies to invest in the United States.
2) the adoption of legislation, to resist exchange rate manipulation, according to the U.S. trade law allows prosecution of manipulation of the exchange rate practices;
3) strengthen U.S. trade law to curb illegal foreign trade practices such as dumping, subsidies and intellectual property theft.
4) through the consolidation and expansion of the United States, the Department of Defense to increase the “buy American” products.
5) a comprehensive implementation of measures to reduce U.S. dependence on imported fuels degrees.