National Association of Manufacturers CEO Jay Timmons unpacks growing calls from lawmakers and business leaders to 'decouple' the U.S. economy from China.
National Association of Manufacturers President and CEO Jay Timmons discusses calls for the U.S. to ‘decouple’ business and economic activity from China., U.S. manufacturers outlined a way for American businesses to "mitigate" damages from the communist country.
"China cheats, and it has been a very, very difficult relationship, but one that you point out is economically important not only for the United States but also for the world," he said. "The world [is] dividing between kind of capitalistic, free market economies and command and control, dictatorial economies. And it's a different style. It's a different system," he said. "And it's one that, frankly, if we're going to be supporting systems around the world, we want to support those systems that understand and embrace our democratic values, embrace free market capitalism or at least some form of that.
Aric Newhouse, the senior vice president for policy and government relations at NAM, sent a letter to the House lawmakers on the select committee urging them to work with the trade group to "develop concrete policy solutions for the U.S. to strengthen our security, bolster our economy and protect American innovation."
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Amid National Turmoil, Virginia's African American History Class Celebrates Identity“It's not about white people, you know?” Students in a Northern Virginia African American history class pus back on conservative claims that emphasizing race and identity divides children along racial lines.
Weiterlesen »
China is sitting on a trove of hacked American business and personal data, report findsEven as the Chinese spy balloon floated across the U.S., China-linked hackers were gathering far more information by breaking into computer networks in America and around the world, a new report says.
Weiterlesen »
Report: American Corporations Plan Expansion Across Communist ChinaDespite concerns about human rights abuses and growing economic dominance over the United States, some of the largest American-owned corporations are planning to expand their operations across China.
Weiterlesen »
Fewer American Companies See China as an Investment PriorityFewer U.S. companies consider China a top investment destination, according to an annual survey by a major American business group.
Weiterlesen »
Canadian Dental Association releases recommendations for feds on dental careOTTAWA — The Canadian government’s approach to universal dental care should include preserving private dental insurance programs and using existing clinics…
Weiterlesen »