Well-known Chinese news site Sina (NASDAQ: SINA) recently reported that many U.S. small personal protection equipment (PPE) vendors are having a hard time because of heavy competition. An example is mask manufacturer Premium-PPE. its mask sales dropped by 90 percent since last year, and only 50 of its 280 employees still remain employed. According to the American Mask Manufacturer’s Association (AMMA), all of its 26 member companies are expected to close down in the next 60 to 90 days. AMMA said this is the result of unfair trade competition from Chinese mask makers They are dumping one-cent masks into the U.S. market. Thousands of U.S. jobs will be at risk over the next two months. AMMA wrote to the Biden administration asking for the government to support “buy America” and for a ban on federal purchases of masks that do not meet American standards. AMMA plans to file an appeal to the WTO. However, the U.S. International Trade Administration refused to reveal whether the Administration will support this appeal or not.
Source: Sina, June 19, 2021