Protecting Ohio Jobs from Unfair Competition from China
Last year, Senator Rob Portman and I introduced our Equal Opportunity 2.0 legislation, to update and strengthen our trade remedy laws, to support Ohio businesses and their workers facing unfair foreign competition from countries like China. And today, we are about to send this bill to the president’s office.
This month, the House passed its version of a US economic competitiveness bill, which included leveling the playing field 2.0.
I drafted the original Leveling the Playing Field Act and had it signed into law in 2015 to give American businesses new tools to combat unfair trade practices. And it worked – it led to key victories for Ohio companies like Whirlpool and Ohio steel companies in major business cases.
But Ohio businesses and workers still face unfair foreign competition. China and our other competitors are constantly finding new ways to cheat and undermine American jobs. The Chinese government has continually subsidized its steel industry and is always finding new ways to circumvent the rules and distort the global market.
Too often we have seen what are called trade remedy orders put in place on unfair imports from one country, only to see the US market flooded with dumped or subsidized imports of the same product from from another country. Sometimes it’s the exact same company – they just move production around to get around the rules.
Our bill will help us fight back with innovative new tools and allow us to crack down on repeat offenders and serial cheaters.
Ohio businesses and Ohio jobs depend on us to make it happen. Senator Portman and I are working together on this topic, and we will do our best to ensure that Equal Opportunity 2.0 is included in any final bill that the House and Senate negotiate.