The National Association of Manufacturers sent a letter to congressional leadership on Thursday, presenting a list of recommendations as lawmakers negotiate the details of legislation aimed at raising America's ability to compete with China.
Manufacturers also expressed support for the Ocean Shipping Reform Act aimed at increasing efficiency at U.S. ports, and for provisions that prevent counterfeiting of goods, writing that "counterfeiting, particularly from China, hits manufacturers of all shapes and sizes, but is especially devastating for small and medium-sized manufacturers fighting to protect their core products.
"The NAM also called on Congress to reauthorize the Miscellaneous Tariff Bill will "full retroactivity back to Jan. 1, 2021, and without the broad and arbitrary restrictions included in the America COMPETES Act for future MTB cycles." The organization said that since the act expired at the end of 2020, "manufacturers and other businesses have paid more than $500 million in tariffs, or $1.
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