As the Presidential campaign lurches toward November, both parties clearly believe that trade policy is a hot-button issue with voters of all persuasions. Republican Donald Trump and Democrat Hillary Clinton seem to be trying to outdo each other with their rhetoric against trade agreements past and future, each vowing to reopen old trade agreements (like NAFTA), pursue only “fair trade” in the future, and protect American workers and jobs from foreign competition they deem unfair (particularly China).
While generally supportive of more global trade, the Forging Industry Association (FIA) believes that trade agreements must be fair and provide strong enforcement mechanisms to protect against unfair practices. Specifically regarding China, FIA has recently become engaged in a broad coalition of U.S. manufacturers that oppose the automatic granting of “market economy status” to China at the end of 2016. This coalition is called Manufacturers for Trade Enforcement (www.tradeenforcement.org).