U.S. Relations with the People's Republic of China (2005)

U.S. Commerce Secretary Outlines Economic Agenda for the Americas

Carlos Gutierrez presents case for passage of Central American trade pact

Following is the text of Gutierrez's remarks, as prepared for delivery:

(begin text)

U.S. DEPARTMENT OF COMMERCE
Washington, D.C.
May 3, 2005

U.S. Commerce Secretary Carlos M. Gutierrez
Council of the Americas
Tuesday, May 3, 2005
Washington, D.C.

[ ...Intervening Text... ]

For those who question the value of our goals for the region, let them consider the disparity in U.S.-sourced components that are used by manufacturers in China and Mexico:

-- Mexican manufacturers draw 80 percent of their inputs from the U.S.;

-- Chinese manufacturers only draw 0-5 percent of their inputs from the U.S.

[ ...Intervening Text... ]

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