ACMA members interested in commenting on an investigation into manufacturing overcapacity in 16 trading partners have until April 15 to file comments. The investigation is relating to structural excess capacity and production in manufacturing sectors, according to an announcement from the Office of the U.S. Trade Representative. The investigations will determine whether those acts, policies, and practices are unreasonable or discriminatory and burden or restrict U.S. commerce. The economies subject to these investigations are: China, the European Union, Singapore, Switzerland, Norway, Indonesia, Malaysia, Cambodia, Thailand, Korea, Vietnam, Taiwan, Bangladesh, Mexico, Japan, and India.
The Trump Administration is looking for an relevant information, but in particular has asked for evidence of:
(1) promoting production and export untethered from market drivers of supply, demand, and investment, including through subsidies;
(2) suppressing domestic wages;
(3) non-commercial activities of state-owned or controlled enterprises;
(4) sustained market access barriers;
(5) lax or inadequate environmental or labor protection or social safety net;
(6) subsidized lending;
(7) financial repression and currency practices;
The Trump Administration also announced a public hearing in May, and member companies can request to testify in the same docket.
ACMA members can file comments here