Political Quotes

On the recordNovember 28, 2012
For decades, America's trade policy has been broken. When Congress granted permanent normal trade relations to China, those of us in Congress who opposed the deal were promised that U.S. businesses would be treated fairly in China. Well, that didn't happen. Instead, we see cases of corruption and outright theft with little or no justice for U.S. companies. In our Ohio district, one of our local manufacturing companies, Heidtman Steel, was the victim of corrupt business practices in China. Heidtman supplies steel to the U.S. auto industry. Heidtman took a chance by trying to do business in China. Do you know what? They essentially were robbed by a Chinese company. After 8 years of trying to get justice, Heidtman is still owed $7 million. I've asked the Chinese Ambassador and their government for answers to this case, and our Federal trade establishment needs to be more forceful on issues of business fraud. America and the Congress should not stand idly by as American companies are fleeced and as the promises of a level playing field are broken. [From the Toledo Blade, Nov. 21, 2012] Heidtman Steel Products, Inc. Says Chinese Firm Owes It $7 M (By Ignazio Messina) A Toledo company that has supplied steel for the Detroit Three automakers and raw materials to steel mills says it was duped eight years ago by a Chinese business that claimed to have a great supply of coking coal for sale. After nearly a decade of legal wrangling overseas, Heidtman Steel Products Inc.…
Said by
Marcy Kaptur
Democratic · Ohio

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