Foreign Invested Enterprises Should Not Benefit From The US Trade Rules.

The US industry pointed out that, at present, the United States Unemployment The report is gloomy, so it is clear that the United States now needs more job opportunities than ever before.

One of the ways to ensure job creation in the United States is fair trade. But how can a trade agreement harm the specific sectors of the American society if a trade agreement is to harm the foreign competitors? How can it revitalize the manufacturing base in the United States, and how can the Americans get back to work?

The purpose of GSP is to help friendly country industries provide cheap products for American enterprises. But when considering the extension of the GSP GSP, it is necessary to assess its impact on US manufacturers and US employment opportunities.

In the past few years, foreign companies have exploited the small loopholes in good faith GSP trading rules, leading to the biggest US sleeping bag manufacturer Exxel outdoor company under threat.

Sleeping bags companies in Colorado and Pennsylvania are also at risk.

The purpose of GSP is to develop an uncontroversial us. trade policy It aims to protect domestic competitiveness. It grants tariff free access to non import sensitive products in designated developing countries. Import sensitivity means that import prices are so low that they hurt the competitiveness of domestic products. Therefore, the products of the United States will be protected.

In 1974, the GSP law ruled out textiles and clothing products and made textiles and clothing It is regarded as an imported sensitive product. In fact, GSP does not include all textile products, so GSP is a fair law because it protects all textile manufacturers in the United States.