New AAM study looks at effects of product dumping on manufacturing

'Enforcing the Rules' study available in book and video form

05/22/2007


A study released by the Alliance for American Manufacturing gives a first-of-its-kind look at the consequences of predatory trade practices on workers, manufacturers and their communities, and emphasizes the economic benefit of enforcing U.S. trade laws.

The study, “Enforcing the Rules,” provides an analysis of 10 recent cases in which anti-dumping or countervailing duties have been imposed to combat illegally dumped and subsidized imports in industries including shrimp, steel and furniture-making. The study has an accompanying video on the subject.

“When our trade laws are enforced, the contributions to the economy actually outweigh any of the so-called benefits of the dumped or subsidized imports by more than 50 times, in the form of American jobs, added productivity and a positive economic impact on the surrounding communities,” said Scott N. Paul, AAM’s executive director.

In the manufacturing sector alone, predatory trading practices have contributed to the loss of 3.2 million jobs and the closing of more than 40,000 facilities since 2000.

“Some critics have argued that AD/CVD laws impose duties that result in an increased price of the import, causing U.S. consumers to pay more. This new study shows that analysis to be incomplete and inaccurate,” Paul said. “The truth is that our trade laws are an effective tool for holding our trading partners accountable and combating illegal foreign trade practices that threaten the economic security of countless American workers and companies.”

“To get the true picture of the impact of dumping and subsidies, you have to look at the overall ripple effect on the economy, on the companies, on related industry sectors and on workers,” said Greg Mastel, one of the study’s authors. “The real damage also includes workers losing their jobs and plant closings, as well as the negative impact on the communities where those facilities are located.”

Measured by lost revenue, the impact the 10 specific sectors varied considerably. However, the overall analysis shows that the damaging effects of dumping and subsidies were curbed by applying the AD/CVD duties, which helped ensure that American producers were not undercut by goods that had been priced artificially low and dumped into the U.S. market.





No comments
The Top Plant program honors outstanding manufacturing facilities in North America. View the 2015 Top Plant.
The Product of the Year program recognizes products newly released in the manufacturing industries.
The Engineering Leaders Under 40 program identifies and gives recognition to young engineers who...
2016 Product of the Year; Diagnose bearing failures; Asset performance management; Testing dust collector performance measures
Safety for 18 years, warehouse maintenance tips, Ethernet and the IIoT, GAMS 2016 recap
2016 Engineering Leaders Under 40; Future vision: Where is manufacturing headed?; Electrical distribution, redefined
SCADA at the junction, Managing risk through maintenance, Moving at the speed of data
Safety at every angle, Big Data's impact on operations, bridging the skills gap
The digital oilfield: Utilizing Big Data can yield big savings; Virtualization a real solution; Tracking SIS performance
Applying network redundancy; Overcoming loop tuning challenges; PID control and networks
Driving motor efficiency; Preventing arc flash in mission critical facilities; Integrating alternative power and existing electrical systems
Package boilers; Natural gas infrared heating; Thermal treasure; Standby generation; Natural gas supports green efforts

Annual Salary Survey

Before the calendar turned, 2016 already had the makings of a pivotal year for manufacturing, and for the world.

There were the big events for the year, including the United States as Partner Country at Hannover Messe in April and the 2016 International Manufacturing Technology Show in Chicago in September. There's also the matter of the U.S. presidential elections in November, which promise to shape policy in manufacturing for years to come.

But the year started with global economic turmoil, as a slowdown in Chinese manufacturing triggered a worldwide stock hiccup that sent values plummeting. The continued plunge in world oil prices has resulted in a slowdown in exploration and, by extension, the manufacture of exploration equipment.

Read more: 2015 Salary Survey

Maintenance and reliability tips and best practices from the maintenance and reliability coaches at Allied Reliability Group.
The One Voice for Manufacturing blog reports on federal public policy issues impacting the manufacturing sector. One Voice is a joint effort by the National Tooling and Machining...
The Society for Maintenance and Reliability Professionals an organization devoted...
Join this ongoing discussion of machine guarding topics, including solutions assessments, regulatory compliance, gap analysis...
IMS Research, recently acquired by IHS Inc., is a leading independent supplier of market research and consultancy to the global electronics industry.
Maintenance is not optional in manufacturing. It’s a profit center, driving productivity and uptime while reducing overall repair costs.
The Lachance on CMMS blog is about current maintenance topics. Blogger Paul Lachance is president and chief technology officer for Smartware Group.
This article collection contains several articles on the vital role of plant safety and offers advice on best practices.
This article collection contains several articles on the Industrial Internet of Things (IIoT) and how it is transforming manufacturing.
This article collection contains several articles on strategic maintenance and understanding all the parts of your plant.
click me