Trade groups representing U.S. manufacturers and foreign concerns disagreed over a report claiming that the United States lost 1.8 million factory jobs over the past seven years, caused in large part by a Chinese steel industry bolstered by $27.1 billion in energy subsidies.
"Chinese (energy) subsidies exist, they are enormous and they are shaping the global steel market. Our analysis shows energy subsidies have a very strong correlation with Chinese steel exports," according to the Alliance for American Manufacturing, a Washington-based association of leading manufacturers and the Pittsburgh-based United Steelworkers union.
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