Economy
Voters Want Tougher Trade Laws, More Factories in US: AAM Poll
June 13, 2023
A poll commissioned by the Alliance for American Manufacturing (AAM) shows the vast majority of American voters support strong trade remedies and bringing manufacturing back to the US.
The poll found nearly nine-in-10 voters (87%) agree the federal government should crack down on unfair trade, and four-in-five voters (82%) think the federal government should offer manufacturers incentives to relocate their factories to the US, AAM said in a press release on Tuesday.
The group added that the poll, conducted by Morning Consult, found 78% of voters say the federal government should be required to buy American with its own purchases.
However, AAM noted that of those polled only approximately one-third of voters have seen, read or heard about new factories coming to their community (30%) and to the US (36%).
AAM president Scott Paul commented that US voters have made it clear the federal government must do more to bring valuable domestic manufacturing jobs.
“Over the past two years, the US has taken serious steps towards bolstering American competitiveness through investment in domestic manufacturing, but the impacts haven’t yet hit home with communities nationwide,” he said in the release.
Washington D.C.-based AAM is a non-profit, non-partisan partnership formed in 2007 by some of America’s leading manufacturers and the United Steelworkers with a mission to strengthen American manufacturing and create new private-sector jobs through smart public policies.
By Ethan Bernard, ethan@steelmarketupdate.com
Latest in Economy
Housing starts ticked up in February
Single-family starts last month hit a rate of 1.10 million, a month-over-month increase of 11.4%, census data shows.
Architecture billings continued to slide in February
The ABI is a leading indicator for near-term nonresidential construction activity and projects business conditions ~9-12 months down the road (the typical lead time between architecture billings and construction spending).
New York state manufacturing activity tumbles in March
After a modest recovery in February, business activity in New York state’s manufacturing sector declined sharply in March, according to the latest Empire State Manufacturing Survey from the Federal Reserve Bank of New York.
Steel, manufacturing, and union groups divided on S232 tariffs
Domestic steel trade associations, manufacturing groups, and the United Steelworkers (USW) union had mixed reactions to the implementation of new Section 232 tariffs without exclusions on Wednesday. Trade groups representing steel mills broadly supported President Trump’s actions, while the USW and some groups representing manufacturers were more critical. AISI Kevin Dempsey, president and CEO of […]
CRU: Will US tariff policy be transactional or transformational?
The Trump 1.0 tariffs appeared to have little positive effect on the US manufacturing, partly because they hurt export competitiveness.