AAM President Scott Paul Testifies in Home Choose China Committee Listening to

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Washington, D.C. – Alliance for American Manufacturing (AAM) President Scott Paul testified earlier than the newly shaped Home Choose Committee on the Strategic Competitors Between the US and the Chinese language Communist Get together (CCP) Tuesday evening. He outlined the CCP’s biggest threats to America’s financial safety. 

You could find Scott Paul’s full oral testimony right here and his written testimony right here.

Paul mentioned:

“The financial insurance policies of the Chinese language Communist Get together characterize a transparent and current hazard to the American employee, our innovation base, and our nationwide safety. For many years, the CCP has telegraphed its intentions with five-year plans, the Made in China 2025 program, Navy-Civil Fusion, and the Belt and Highway Initiative. Its targets: dominate key industries, set international requirements, search alternative from disaster, weaken opponents.”

America’s negligence has aided the CCP in its efforts to undermine the US, Paul famous: 

“Whereas CCP insurance policies have been damaging, our personal insurance policies made issues worse. Bringing China into the world commerce system in 2000 appeared like a slam dunk however as an alternative grew to become a spectacular failure of standard knowledge and elite opinion. After writing a clean examine to Beijing, we turned a blind eye to its dishonest, time and time once more accepting empty guarantees to reform, with no actual penalties.”

Within the aftermath, the U.S. commerce deficit with China has soared to ever-greater heights, and America misplaced 3.7 million jobs between 2001 and 2018. Of these misplaced jobs, three-fourths have been in manufacturing, debilitating a lot of America’s industrial capability and devastating communities. The results have been long-lasting and felt throughout the nation. Paul mentioned:

“America has turn into too depending on China for a lot of important items. PPE throughout the pandemic. 5G {hardware}. Business drones. Medication. The record is lengthy and terrifying. 

“At the identical time, U.S. manufacturing capabilities eroded. The protection industrial base weakened. We’re behind the curve on clear vitality manufacturing. We could not make sufficient semiconductor chips, which broke provide chains. It does not should be this manner.”

However Paul famous that “U.S. coverage has began to shift” and provided Congress bipartisan coverage suggestions to rebuild America’s manufacturing capabilities:

  • Construct on semiconductor know-how export restrictions
  • Vigorously implement the Uyghur Pressured Labor Prevention Act 
  • Sharpen commerce instruments by means of laws such because the Leveling the Taking part in Subject Act 2.0 and “de minimis” reform
  • Display outbound funding of U.S. firms in China and enhance oversight of Chinese language funding within the U.S. 
  • Increase the Transportation Infrastructure Car Safety Act (TIVSA), barring Chinese language companies from federal transit contracts to all different public funding funding streams
  • Revoke China’s everlasting regular commerce relations (PNTR) standing 

The CCP’s predatory practices proceed to threaten America’s financial stability, however Paul famous that there’s hope. He mentioned:

“A brilliant future for American manufacturing is feasible, even within the wake of the CCP’s damaging insurance policies. Factories are rebounding, and it is not unintentional: It is a results of public insurance policies, and stress on company to rethink provide chains.

“There’s extra to do. We have now an extended record of vulnerabilities, beginning with medication substances, vital minerals, machine instruments, and microelectronics. And the CCP is not slowing down.”

Paul’s remarks come because the CCP continues to domesticate shut ties with Russia and its spy balloon intrusion has galvanized a uncommon consensus in a divided Congress that China poses a critical risk to the US — a priority that is high of thoughts for the general public as nicely. A latest Alliance for American Manufacturing ballot performed by Morning Seek the advice of discovered that there’s widespread bipartisan settlement amongst U.S. voters that elected federal officers ought to do extra to guard U.S. labor and financial pursuits from China. 

Scott N. Paul is president of the Alliance for American Manufacturing (AAM), a partnership established in 2007 by a few of America’s main producers and the United Steelworkers union. Scott and AAM have labored to make American manufacturing and “Made in America” top-of-mind issues for voters and our nationwide leaders by means of efficient advocacy, coverage growth, and data-driven analysis.

Scott is a sought-after skilled on commerce and manufacturing issues, testifying earlier than quite a few congressional committees and penning op-eds for The New York Instances and different main publications. 

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