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The Export-Import Bank, the U.S. export credit agency that is supposed to support U.S. jobs by financing exports of U.S.-made goods, is instead considering extreme proposals to destroy requirements that tie financing to domestic content rules.
Read moreWASHINGTON, Oct. 19, 2020 — Machinists Union International President Robert Martinez Jr. released the following statement regarding a reported “mini” U.S.-Brazil trade deal: “If recent reports are true, the Trump administration is working on a trade deal that will send more U.S. jobs out of our country, this time to Brazil. As reported today, in
Read moreAccording to the Economic Policy Institute, the U.S. lost over 700,000 jobs to China in the first two years of the current administration, and more than 3.7 million jobs over the past several years. The administration would like you to believe that trend is changing and companies are bringing jobs back, but that simply isn’t
Read moreBy Owen Herrnstadt President Trump would have us believe that U.S. companies are flocking back to the U.S. from their offshore locations, “They’re all coming back now. They’re coming back to the United States.” Last week in Ohio he claimed, “…we’ve made extraordinary progress in reversing the tide…”. USTR Robert Lighthizer has proclaimed on more
Read moreWASHINGTON, Feb. 26, 2020 – Owen Herrnstadt, Chief of Staff of the 600,000-member International Association of Machinists and Aerospace Workers (IAM), in testimony before the House Ways and Means Committee, asked Congress and the Administration to adopt a comprehensive manufacturing strategy that disincentives outsourcing and ensures U.S. competitiveness with China. “The IAM has been sounding
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