Free Republic

Tuesday, December 26, 2006 Everybody knows that the loss of huge portions of their home U.S. market to imports has decimated U.S.-owned automakers Ford and GM (as well as Chrysler, which is no longer U.S.-owned, but shares many of Detroit’s biggest problems). What everybody doesn’t know is that literally dozens of U.S.-based manufacturing industries have suffered the same kinds of losses since the late 1990s. The clear bottom line, as revealed by the U.S. Business & Industry Council’s latest annual survey of domestic manufacturing’s competitiveness: The United States is a military superpower, but is steadily becoming an industrial also-ran. The...

China to cut tariff on cars, auto parts from July 1 Last Updated(Beijing Time):2006-06-15 17:29 China will further cut import taxes on some cars and auto parts as of July 1, the Ministry of Finance announced Thursday. With the approval of the Chinese government, the Customs Tariff Commission of the State Council, has decided to lower the tariffs on cars, SUVs (sports utility vehicles or cross-country vehicles),and mini-buses from 28 percent to 25 percent, said the ministry. Meanwhile, the import taxes on auto parts, such as auto bodies, under-pans, medium and low emission gasoline engines, will be reduced to 10...

Exporting America: The list Here is a list of companies we've confirmed are "Exporting America." These are U.S. companies either sending American jobs overseas, or choosing to employ cheap overseas labor, instead of American workers. A 3Com 3M A. Schulman, Inc. Aalfs Manufacturing Aavid Thermal Technologies Abbott Laboratories ABC-NACO Accenture Access Electronics Accuride Corporation Accuride International Acme Packaging Adaptec ADC Admanco Adobe Air Adobe Systems Admanco Advanced Energy Industries Aei Acquisitions Aetna Affiliated Computer Services AFS Technologies A.G. Edwards Agere Systems Agilent Technologies A.H. Schreiber Co. AIG Air Products & ChemicalsÊ Alamo Rent A Car Albany International Corp. Albertson's Alcoa...

Summary of America's Current Economic Condition... the Editor 1. Wholesale sellout of core strategic assets to foreign acquirers: according to official figures, more than 8,000 American companies have been sold to foreign corporations in the last 10 years 2. Decline of vital industries through bankruptcy, foreign predatory competition, and foreign acquisition: examples include steel, publishing, clothing, machine tools, automobiles, electronics, and others 3. Inability to manufacture competitively: American manufacturers suffer a 22 percent structural cost disadvantage compared to overseas competitors through taxes, health and pension benefits, litigation, regulation, and rising energy prices 4. Overdependence on imports: $1 in $4 of...