WASHINGTON (Jan. 19, 2017) — In a letter to President-elect Donald Trump, the Alliance for American Manufacturing (AAM) has weighed in on how the new administration can promote the resurgence of U.S. manufacturing.
The six-page letter, penned by AAM President Scott Paul, notes that "Buy American" provisions for government procurement and the prioritization of U.S. manufacturing in tax reform are among ways the administration can help.
Other features of a strong pro-manufacturing program, according to the letter, would be:
- Prioritizing trade enforcement;
- Reducing global industrial overcapacity;
- Prioritizing job creation in trade agreements;
- Penalizing currency manipulation; and
- Pinpointing and mitigating strategic domestic industry vulnerabilities.
Since 2000, the U.S. has lost nearly one-third of its manufacturing jobs and more than 54,000 manufacturing facilities, according to the AAM.
"(We have) seen our global market share in manufactured exports shrink from 14 percent in 2000 to 9 percent in 2013," Mr. Paul wrote. "...This is unsustainable, and we agree with you that it is both possible and desirable to create a policy framework to support a resurgent, Made-in-America manufacturing base."