COMMERCE SECRETARY PREVIEWS MANUFACTURING REPORT
AT DETROIT ECONOMIC CLUB
Evans Vows Bush Administration Will Fight For
Free and Fair Trade
Commerce Secretary Don Evans today previewed the Bush Administration’s
pro-growth manufacturing report at the Detroit Economic Club by
announcing that the Department of Commerce will create a new Unfair
Trade Practices Team, a new Office of Industry Analysis, a new Assistant
Secretary for Trade Promotion and other initiatives to help grow
jobs within the manufacturing sector.
“Americans
are willing to compete, on even terms, with any country in the world
but we will not stand for unfair competition. We are going to aggressively
target unfair trade practices wherever they occur so that we can
help create American jobs and improve the economy,”
Evans said during remarks at the Detroit Economic Club. “American
manufacturers can compete against any country’s white collars
and blue collars, but we will not submit to competing against another
country’s choke collars.”
Manufacturing
Initiatives
Unfair
Trade Practices Team – The Unfair Trade Practices
Team will track, detect, and confront unfair trade competition.
These experts will monitor economic data from our global competitors
and vigorously investigate evidence of unfair practices. The team
will be created within the Import Administration under the International
Trade Administration.
Office
of Industry Analysis – The Office of Industry Analysis
will assess the economic impact of new rules and regulations. This
office will report to the new Assistant Secretary for Manufacturing.
New
Assistant Secretary for Trade Promotion – Consolidation
of all Commerce Department export promotion functions under a new
Assistant Secretary for Trade Promotion, who would serve concurrently
as the Director General of the Foreign Commercial Service. The first
task of this expanded office will be to accelerate the President’s
National Export Strategy to boost our exports.
Export
Readiness – The Commerce Department will expedite
implementation of standards initiative to ensure that American manufacturers
are “export ready” to sell into global supply chains.
Competing
in a Global Economy
Over
the past six months, Evans and other Commerce officials traveled
across the country visiting over 20 cities to meet with manufacturers
from most every industry in the manufacturing sector to hear their
concerns.
“During
our roundtables no country raised more attention as a source of
concern than China. Concerns ranged from inadequate access to China’s
markets; rampant piracy of intellectual property in China; forced
transfer of technology from firms launching joint ventures in China;
trade barriers; and capital markets that are largely insulated from
free-market pressures,” Evans said.
“China
is one of the world’s largest markets with vast opportunities
for American manufacturers, provided that China’s markets
are actually governed by real, free, and fair market forces. This
Administration believes that free-market forces should set currency
values. And, two weeks ago, Treasury Secretary Snow conveyed exactly
that message to the Chinese government.”
The
Commerce Department expects to submit the full report to the President
near the end of the month. Visit www.export.gov/manufacturing
for more information.