TigerStop CEOSpencer Dick was appointed to serve on the International Trade Administration's Automotive Equipment and Capital Goods committee.
The committee is a public/private partnership managed by the U.S. Department of Commerce and the Office of U.S. Trade Representative that engages business leaders in formulating U.S. trade policy.
“Serving on this committee gives me the opportunity to be a small voice for something I hold vitally important to the future of the U.S. economy,” Dick said in a statement.
“A significant portion of our current crisis related to job growth and real income growth finds its roots in the dollar being the reserve currency of the world economy. If you want to buy oil or pay for imports or have a currency that will be accepted in the international market, you have to earn U.S. dollars. The low cost goods we buy from countries such as China are solely connected to earning American dollars. Our trading partners have figured out that as long as they have the same or more dollars coming into their country than they are paying out, they are ahead of the game. They are taking U.S. dollars and U.S. jobs to strengthen their economy. Our trading partners have been allowed to cheat and Americans suffer as they try to earn a living.”
TigerStop is a manufacturer of stop-gauge and linear positioning systems with locations in the United States and the Netherlands.