Last weekend, nearly 200 members of the U.S. Congress sent a letter to President Obama, accusing China of a number of auto parts policy has resulted in “unfaircompetitive advantage”, buy high power led, and demanded that the U.S. Government to use existing laws toprotect the U.S. auto industry and job opportunities. Members have asked the newly established cross-sectoral trade law enforcement agencies, China’s auto parts as themain targets.
For some time, the U.S. government and Congress on trade issues with China closely with the first for China and other emerging market countries, cross-sectoral trade law enforcement agencies then have to modify the countervailing duty law, buy high power led, to impose punitive tariffs on China and other countries products to create the conditions.
A series of moves in Washington there is a restlessness in the U.S. economic downturn,more election-year political background. Nearly 200 members of Congress sent a letter to Obama, Democrats, mostly from the region of the U.S. auto industry. In some U.S.politicians, it seems, the unemployment rate higher economic problems to blame China for political show, but come in handy.
The Obama administration, buy high power led, the massive injection of aid, in order to save the brink of bankruptcy of the U.S. auto industry. The U.S. auto industry has come to the crucial moment of reform to survive. Wise to only through reforms to improve competitiveness.Those who can stand firm in the world of enterprise in the United States, buy high power led, rely on arecompetitive. Trade protectionism can not save the U.S. auto industry.
The pattern of the auto parts industry is the result of economic globalization brought about by the development of international industrial restructuring, large-scale, led high bay, the inevitable outcome of the most extensive international division of labor. Importsaffordable auto parts products to meet the demand for the U.S. market, the majority of consumers in the United States, will help alleviate inflation, is the necessary complementof economic development and industrial restructuring. In addition, buy high power led, the increasingly closeeconomic and trade relations but also for the United States created a large number of jobs has brought tangible benefits for the American people. Wanxiang Group of theChina’s largest auto parts enterprises to invest in the United States nearly 30 projects to create employment opportunities for the United States in 5000.