Congressional report: Beijing’s advance in manufacturing poses threat to U.S.

China long has had wide access to American markets while restricting U.S. manufacturers’ ability to sell products in the communist nation.

That’s all up in the air now as President Trump, who during his campaign for president highlighted the trade imbalance, moves to level the playing field.

He’s proposed tariffs, and China retaliated immediately with its own plans for tariffs.

But a report from the Congressional Research Service notes that China is already several years into a special “Made in China 2025” program that aims to upgrade and improve its manufacturing sector.

It’s a plan that could be impacted by Trump’s effort for fairer trade.

China’s plan, which was adopted while Barack Obama was in office, is described in a China-U.S. Trade Issues report from the CRS.

CRS notes U.S.-China trade rose from $2 billion in 1979 to $636 billion in 2017, making China the largest merchandise trading partner for the U.S.

“Many U.S. firms view participation in China’s market



Leave a Reply

Recent Posts

Trump Supporters: Get Your 2020 'Keep America Great' Shirts Now!

Are you a proud supporter of President Donald Trump?

If so, you’ll want to grab your 2020 re-election shirt now and be the first on your block to show your support for Trump 2020!

These shirts are going fast so click here to check for availability in your area!


More Popular Stuff for Trump Supporters!

MUST SEE: Full Color Trump Presidential Coin (limited!)

Hilarious Pro Trump 'You are Fake News' Tee Shirt!

[Exclusive] Get Your HUGE Trump 2020 Yard or House Flag!