AFS supports vigorous enforcement of U.S. trade laws. Too often, foreign countries have engaged in unfair and unlawful trade practices such as currency manipulation, subsidies, and dumping, which result in an uneven playing field, and a shift of market share away from the U.S. These practices must come to an end.
For example, in 2000, China produced only about 11% of the worlds aluminum. Now, after joining the World Foundry Organization (WFO) on December 11, 2001, it produces more than half. Meanwhile, the number of foundries in the U.S. has dropped from 2,380 in 2005 to about 1,950 in 2017.
About 20% of castings sold in the U.S. are made outside of North America. That statistic understates the impact of unfair trade practices, in that as the trade deficit has grown, more manufactured goods that contain castings are imported into the U.S., statistics for casting-sales do not capture the value of castings that are part of finished goods imported into the U.S.