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American Manufacturing Competitiveness Act of 2016

Floor Speech

Date: April 27, 2016
Location: Washington, DC
Issues: Business and Consumers

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Mr. ROKITA. Mr. Speaker, I rise today in support of H.R. 4923, the American Manufacturing Competitiveness Act.

In today's competitive global economy, too often government hampers American businesses with onerous regulations and red tape. As other nations increase their own global competitiveness, we must provide a level playing field for our businesses in diverse fields that include textiles, pharmaceuticals, and manufacturing.

The American Manufacturing Competitiveness Act only allows for tariff waivers on materials that lack a domestic equivalent. Other countries are already regularly granting similar waivers. The National Association of Manufacturers estimates that these tariffs are costing the American economy $748 million a year. The Indiana Manufacturers Association has said that ``helping eliminate these miscellaneous tariffs will reduce costs and lower incentives to relocate manufacturing operations abroad, keeping good jobs here.''

I thank Chairman Brady, for bringing together our working group to get this vital legislation done. I urge passage of the bill.

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