With globalization weaving intricate links between nations, international trade has become the backbone of many economies. In the United States, manufacturing has always been a significant contributor to the nation’s GDP, with a value addition of over $2.3 trillion in 2019. Despite the growth, U.S. manufacturers often grapple with the adverse effects of unfair international trade practices, such as dumping and subsidies by foreign governments. This is where experts like Daniel B. Pickard become indispensable.
A Closer Look at the Manufacturing Landscape
The manufacturing industry, as dynamic as it is, is vulnerable to global market forces. In recent years, there’s been a growing concern over the declining manufacturing jobs in the U.S., with a drop of 5 million jobs from 2000 to 2014. One primary reason has been the surge in imports, especially from nations that don’t always play by the rules. These imports, often priced below their market value or subsidized by foreign governments, make it challenging for U.S. manufacturers to compete.
However, with the assistance of international trade law experts like Dan, many American companies have found solace. By obtaining relief against such imports, not only are jobs saved, but it also ensures a level playing field for domestic producers.
The Digital Disruption in Manufacturing
Another aspect that can’t be ignored is the rise of digital technologies in manufacturing, known as Industry 4.0. While it brings in efficiency, it also means companies need to be compliant with international digital standards and cyber-security protocols. With his extensive background, Dan is well-positioned to guide businesses through these digital waters, ensuring compliance with international standards while safeguarding national security interests.
The American-Made 2023 MFG Conference: A Confluence of Thought Leaders
The upcoming conference will be more than just speeches and panel discussions. Given the pandemic’s recent challenges, supply chain disruptions, and the U.S.-China trade tensions, the manufacturing industry is at a pivotal juncture. Decisions taken now will shape the future trajectory of U.S. manufacturing.
Having Daniel B. Pickard, with his treasure trove of experience, provides an added layer of depth to the discussions. Attendees can look forward to insights backed by real-world case studies, a deep understanding of the international trade landscape, and actionable strategies to navigate the current challenges.