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"Made in China " becoming "Made in America"


Joecy

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That is a most interesting article. Thanks for posting. I shared it on my Facebook timeline. The economies of China and the US are increasingly intertwined. It is interesting to see an increased amount of Chinese investment in American manufacturing.

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  • 2 weeks later...

From President Obama's today:

 

...............

My top priority as President is making sure more hardworking Americans have a chance to get ahead. That's why we have to make sure the United States -- and not countries like China -- is the one writing this century's rules for the world's economy.

 

Trade has an important role to play in supporting good-paying, middle-class jobs in the United States. Unfortunately, past trade deals haven't always lived up to the hype. That's why I've made it clear that I won't sign any agreement that doesn't put American workers first.

 

But we also should recognize that 95 percent of our potential customers live outside our borders. Exports support more than 11 million jobs -- and exporters tend to pay their workers higher wages. Failing to seize new opportunities would be devastating not just for our businesses, but for our workers too.

 

That's why my Administration is currently negotiating the Trans-Pacific Partnership -- so we can benefit from trade that is not just free, but also fair.

 

Watch this video my team put together, and then share it with anyone who needs to know exactly what's at stake.

 

We have the chance to open up more markets to goods and services backed by three proud words: Made in America. For the sake of our businesses, and American workers, it's an opportunity we need to take.

 

But beyond greater access to the world's fastest-growing region, the agreement will establish enforceable commitments to protect labor, environmental, and other crucial standards that Americans hold dear.

 

Right now, China wants to write the rules for commerce in Asia. If it succeeds, our competitors would be free to ignore basic environmental and labor standards, giving them an unfair advantage over American workers.

 

We can't let that happen. We should write the rules, and level the playing field for our middle class. The first step is for Congress to pass Trade Promotion Authority.

 

Watch the video, and then pass it along.

 

After years of shipping jobs overseas, our manufacturing sector is creating jobs at a pace not seen since the 1990s. Rather than outsourcing, more companies are insourcing and bringing jobs back home. Today, more than half of manufacturing executives have said they're looking at bringing jobs back from China.

 

Let's give them one more reason to get it done, by giving me the tools I need to grow our economy, boost exports for our businesses, and give more hardworking middle-class families a chance to get ahead.

 

Thanks,

 

President Barack Obama

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Hello. I believe this is the video referred to in article above:

 

http://www.whitehouse.gov/share/what-you-need-know-about-trans-pacific-partnership

 

I haven't watched it yet but I intend to. I am not sure if trade agreements will help the American worker increase his pay. But then again non participation in those trade agreements may hinder the American workers' job prospect also by having little or no representation when those agreement are drawn up. Danb

 

 

Just saw the video. I wonder what we will offer to get other countries to buy into this plan. It sounds like it will cost the other countries more to produce their goods, which in turns seem like those country will have to make their products more expensive. Why would they buy into that type of deal?

Edited by danb (see edit history)
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