Bush tries cure for manufacturing woes

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Bush tries cure for manufacturing woes

Commerce Secretary Don Evans yesterday outlined the president's strategy to improve US manufacturing conditions.

In a speech presented to the Detroit Economic Club. Evans presented a number of initiatives intended to counteract what he characterized as unfair foreign competition. “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. “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.”

Evans described the initiatives as follows:

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.

For a full transcript of the speech, go to:

http://www.commerce.gov/opa/speeches/Evans/2003/Sept_15_Evans_manufacturing_Detroit.htm

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