Will China Flood the Globe with EVs, Green Tech? What’s Behind Latest US-China Trade Fight?

The Leslie Marshall Show

Leslie is joined by Scott Paul, President of the Alliance for American Manufacturing (AAM), a partnership established by some of America’s leading manufacturers and the United Steelworkers union.
First, Scott explains how high interest rates and trade deficits are stifling U.S. factory jobs growth.
Second, Leslie and Scott move across the globe to discuss China, where U.S. Treasury Secretary, Janet Yellen, is wrapping up a five day trip.
Scott begins this discussion by highlighting how Beijing's economic success remains tied to U.S. market access, and how that offers America leverage.
Next, Leslie and Scott discuss the increasingly high risk that China will flood the globe with EVs and green tech thanks to their government subsidized overcapacity in both industries.
During her current trip to the Communist nation, Secretary Yellen says that the concern about excess capacity is shared by many other countries in addition to the U.S., both developing as well as rich ones.
“This is not anti-China policy,” she said. “It’s an effort for us to mitigate the risks from the inevitable global economic dislocation that will result if China doesn’t adjust its policies.”
Finally, Scott shares the advice he provided to a panel convened last week by the Washington International Trade Association (WITA) about Chinese auto imports.
To summarize, he encourages the U.S. not to wait for China’s heavily subsidized car to arrive here. But instead, to be PROACTIVE!
For over 16 years, Scott Paul and AAM have worked to make American manufacturing a top-of-mind issue for voters and our national leaders through effective advocacy, innovative research, and a savvy public relations strategy.
Their website is www.AmericanManufacturing.org and their handle on X is @KeepItMadeInUSA.
Scott's handle is @ScottPaulAAM.