US Textile Requires The Government To Take Measures To Save The Market.

A large textile organization representing the US textile company pretended that the US employment report in November was gloomy and demanded that the government take a series of measures to revitalize the manufacturing industry and the US economy.

Auggie Tantillo, executive director of AMTAC, said that 533000 jobs were reduced in November, of which 85000 occurred in manufacturing.

He said the only way out of the economic difficulties of the United States is to create more wealth.

Stimulating manufacturing production is the best way to create millions of new middle class jobs and revitalize the US economy.

Tantillo accused foreign imports of unfair trade subsidies against job opportunities in the overall economy.

America's failed international economic and trade policy must be the first problem solved by President elect Obama and Congress.

He summed up five steps to solve international trade problems, which affected the survival and development of textile enterprises and other manufacturing enterprises in the United States.

1) abolish preferential tax rates at home and abroad, because they destroy the competitiveness of American enterprises or prevent us companies from investing in the US.

(2) through legislation, it resists the manipulation of the exchange rate by allowing people to manipulate the exchange rate according to the US trade law; (3) vigorously strengthens the US trade law and stops foreign illegal trade activities, such as dumping, subsidies and intellectual property theft.

(4) by consolidating and expanding US products, we need to increase the demand of the Department of defense to buy US products.

(5) implement a comprehensive measure to reduce US dependence on imported energy.

Yang Jing: editor in charge