White House pushes policies to help manufacturing
The United States must improve the business climate for manufacturers and not place undue regulatory burdens on the sector, the White House said on Wednesday ahead of a meeting focused on the industry.
Vice President Joe Biden hosts a meeting later in the day with chief executives from U.S. manufacturing companies to lay out a framework for boosting business for the sector.
We need legal, tax and regulatory regimes that promote American manufacturing and do not place an undue burden on those who wish to manufacture products in America, the White House said in a statement outlining an Obama framework on manufacturing.
It said those policies should be consistent with the country's fiscal and environmental goals.
We must be sure that those who wish to sell the goods that they make in the U.S. in other countries have the market access they need and that those who sell domestically do not face unfair competition from advantaged foreign producers, it said.
(Reporting by Jeff Mason; editing by Todd Eastham)
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