Monday, May 5, 2008
Bill Aims to Help U.S. Manufacturers Compete
Congressmen Jason Altmire and Phil English are introducing a bill called the Supporting America's Manufacturers Act. The bill would establish congressional review of cases filed by manufacturers seeking relief from unfair trade practices. The bill is intended to help manufacturers who have suffered because of China's ability to flood U.S. markets with cheaper products. The International Trade Commission (ITC) is in charge of handling petitions for assistance and makes recommendations to the President on whom to help. The President has not approved any assistance to any manufacturer. The bill would give Congress the ability to overrule the President's decisions.
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