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Tag: General

Voices on Trade

Voices on Trade

President Obama's point man on trade, U.S. Trade Representative Michael Froman (@MikeFroman), met recently with the NEMA Board of Governors. Why? I venture a guess that it's because they care about trade and access to international markets. If I'm right, it turns out they are in good company.    Recent polling commissioned by the Business Roundtable (BRT) found that 82 percent of Americans support U.S. trade negotiations to open foreign markets and ensure Read more [...]
Competitiveness is the Best "Protection" for Jobs

Competitiveness is the Best "Protection" for Jobs

U.S. electroindustry companies sell billions of dollars of equipment outside the U.S. each year. These companies employ many thousands of workers here in the U.S., workers whose employment depends on the ability of their company “teams” to innovate, make sales, and satisfy their customers. With most of the world’s people (95 percent) and supporting infrastructure outside the U.S., it makes sense that companies want to gain access to more markets, be competitive, and make more sales Read more [...]
Navigating To Compete

Navigating To Compete

This morning at a House of Representatives committee hearing, a major U.S. manufacturer and exporter testifed that the country's transportation and port infrastructure is inadequate to meet its needs to get its products to overseas customers. What solution is the company using to stay competitive in the global marketplace? Ship their products from Canadian ports. How is this possible (on many levels)? Let's take a quick look at this situation, since it points to a Read more [...]
Long Time Coming

Long Time Coming

Today (Aug. 22) two events will take place in the world of international trade, both of which have been in the works for quite a while. In one case, two years is the "long time" I am talking about. In the other: 19 years. In the former case, the event will be met with loud cheers by some but by likely muffled groans from many others. In the latter case, the event will be roundly cheered, except by U.S. businesses who, due to inaction of Congress will have to wait to reap the rewards Read more [...]
DOT Rulemaking Revision Pending for Lithium Batteries

DOT Rulemaking Revision Pending for Lithium Batteries

A new approach to updating U.S. regulations on air shipment of lithium batteries is expected this spring following President Obama’s Feb. 14 signature on legislation authorizing activities of the Federal Aviation Administration and a Feb. 10 agreement at the International Civil Aviation Organization (ICAO) on new requirements set to take effect on January 1, 2013. The ICAO Dangerous Goods Panel chose to require all bulk shipments of lithium cells and/or batteries shipped by air to be treated Read more [...]
Persistence is Rewarded

Persistence is Rewarded

Yesterday, with bipartisan votes, Congress approved legislation proposed by President Obama to implement free trade agreements (FTAs) with South Korea, Colombia and Panama. The votes are the most significant milepost to date on the road to greater market access for U.S. electroindustry exporters to these 3 important markets in Asia and Latin America -- a road that began way back in 2004 in the case of Panama. President Obama, who is meeting with the South Korean President today prior to Mr. Lee Read more [...]
ACTA-tion on Trade

ACTA-tion on Trade

Tomorrow (Oct. 1) in Japan representatives from several governments, including the U.S., are expected to put pen to paper and formally sign an international agreement to combat theft of intellectual property rights. As NEMA has pointed out repeatedly, product counterfeiting as well as trade- and certification-mark piracy are not just an issue for movies and handbags but also for some sectors of the global electroindustry. These can also present safety issues, as explained by the Electrical Safety Read more [...]
Clearing the Way for Trade

Clearing the Way for Trade

In his jobs speech to Congress, President Obama asked members to "clear the way" for consideration of the long-stalled 3 free trade agreements with South Korea, Colombia and Panama. Today, the way is expected to become clearer as the Senate starts formal consideration of extension of the Generalized System of Preferences (GSP) program and prepares to add renewal and extension of the Labor Department's Trade Adjustment Assistance (TAA) program and send the legislation back to the Read more [...]
Senate Debate on Critical Materials Begins to Emerge

Senate Debate on Critical Materials Begins to Emerge

Yesterday (June 9), a key Senate subcommittee on energy issues held a hearing on legislative proposals aimed at setting new federal policy on the extraction, recycling and research for many materials, including rare earth elements, that are critical to the manufacturing of many modern energy and communications technologies. The most comprehensive of these proposals, S. 1113, is supported by NEMA and was introduced on May 26 by a bipartisan group headed by Senator Lisa Murkowski Read more [...]
The Return of Manufacturing to the US

The Return of Manufacturing to the US

Is it possible that manufacturing may leave China and return to the US?  This may be wishful thinking, but there are signs that we may be moving down that path.  Consider the following from an AP article that appeared on many news outlets recently: Labor costs in China are increasing 15% per year since 2008.  Workers are demanding better wages and working conditions due to a labor contract law that made them more aware of their rights Tax preferences for Read more [...]