The International Trade Administration’s U.S. Commercial Service and the Northern Ohio District Export Council have announced a joint conference titled “U.S. Manufacturers to Europe & Beyond”, to be held in Cleveland, Ohio on September 18-20. The conference will focus on the ways that manufacturing, automotive and aerospace industries in the United States can stay competitive on the international market.
The International Trade Administration is a division of the Chamber of Commerce and aims to use the conference to put American manufacturers in touch with U.S. commercial trade officers who can help them form a strategy for growth through increased exports. Procurement specialists from large OEMs will also be on hand to work with American manufacturers on the process of becoming suppliers. Manufacturers will have the opportunity to schedule meetings with U.S. trade experts stationed in nations such as Germany, France, Sweden, the United Kingdom, Ireland, Belgium, Romania, Lithuania, Poland, Mexico, Canada, Italy, Spain, and Portugal.
— President Trump (@POTUS) July 19, 2017
The conference will feature speakers from large manufacturers and tech sector giants such as Rockwell Automation, General Electric, Boeing, Pratt & Whitney, Autodesk, Siemens, and Airbus. The agenda also includes representatives from government agencies that invest in new technologies and have increased efforts to foster private-public partnerships with an eye toward commercializing new innovations, such as NASA and the Chamber of Commerce Aerospace Team.
Chamber of Commerce Wilbur Ross said of the event, “The Department of Commerce is committed to helping U.S. manufacturers find markets to export their ‘Made in America’ goods. I look forward to seeing the benefits gained from this conference as the Trump Administration works toward unshackling American industry.”
— Donald J. Trump (@realDonaldTrump) July 21, 2017
This announcement came in soon after the Trump Administration’s announcement that it intended to help promote “Made in America” products as part of efforts to boost American industry. This effort has already started with Made in America Week, which featured the display of products that are manufactured in America in the White House and on its South Lawn. The products on display ranged from an Altec bucket truck commonly used by utility companies to maintain outdoor infrastructure to a cherry cola produced by the beverage company Cheerwine.
— The White House (@WhiteHouse) July 24, 2017
President Trump also plans to boost American industry by reducing the approval time for proposed infrastructure projects from ten years to two, eliminating two existing regulations for each new proposed regulation, and boosting the fossil fuel industry with new pipelines and increased export of coal and natural gas.
This has already had an effect on the American economy, with some estimates showing that the U.S. Gross Domestic Product (GDP) is on track to grow by 2.3% in 2017, as opposed to 1.6% in 2016. Interest rates are also increasing at a steady, if gradual, pace, following the Federal Reserve’s traditional practice of raising interest rates more slowly than its own predictions suggest. There are also signs that investors are prioritizing market fundamentals such as corporate earnings growth and overall economic activity in the face of political uncertainty. This has helped to keep markets from becoming alarmingly volatile even in the face of overly polarized political rhetoric and battles over public policy in Washington, D.C.
— GOP news (@GOPNewsRoom) July 24, 2017
Manufacturing has done especially well, with manufacturing activity growing by as much as 2% over this time last year. The organizers of the “U.S. Manufacturers to Europe and Beyond” are confident that events like this one will give manufacturing an additional boost by helping small- to mid-sized manufacturers in the United States increase their network among large manufacturers and foreign markets that may be looking for new suppliers.
Discover Global Markets: U.S. Manufacturers to Europe & Beyond https://t.co/3DdguEPQvu
— @ChenCitrix (@ChenCitrix66) June 3, 2017
Members of the public who are interested in attending this event in Cleveland, Ohio, can register on the official “U.S. Manufacturers to Europe and Beyond” website. Travel information is also available on this site.