China's trade violations put millions of US auto jobs at risk according to Alliance for American Manufacturing
Alliance for American Manufacturing raises concern about 1.6 million US auto industry jobs being at risk due to China’s illegal trade practices. World Trade Organization rules have been consistently violated by China and according to the Alliance, have cost more than 400,000 jobs to date. Moreover, Stewart and Stewart law firm has conducted research, which revealed that China will spend $1.5 trillion on ‘new energy’ parts in hopes of global domination by year 2030. The executive director of the Alliance, Scott Paul, worries that the job recovery in the US auto industry may relapse if federal action is not taken against China’s violations. If a tax increase is placed on Chinese solar equipment imports, over 60,000 US jobs may be lost. Hence, not only is the Alliance challenging China’s policies, but all US manufacturers are also urging for action to be taken against the Chinese. The February 14 visit of China’s vice president, Xi Jinping, to Washington for a meeting with President Barack Obama may very well resolve some of these issues.