If we want more trade in the world, we should establish bilateral trade agreements with other democratic countries. That way we can control the decision-making process. The major economic countries of the world will enter into those agreements.
We are in the process of negotiating an agreement with the United States. We will be negotiating agreements with India and China. We are in the process of negotiating an agreement with Mercosur, South America. So there are a number of these trade agreements in the major markets of the world.
Liberalized trade - in broadly multilateral, regional, or bilateral agreements - is a key ingredient in the recipe for prosperity... An absolute prerequisite for long-term economic growth is full participation in the global economy and trading system.
Well, the sugar guys have been dealing with NAFTA ever since it passed. Now we've got Mexico dumping sugar that's subsidized by the Mexican government into our market in violation of the World Trade Organization, because NAFTA gave them open access to our sugar market. They claim they're not subsidized, but the government owns half the industry in Mexico.
The Transatlantic and Transpacific Trade and Investment Partnerships have nothing to do with free trade. 'Free trade' is used as a disguise to hide the power these agreements give to corporations to use lawsuits to overturn sovereign laws of nations that regulate pollution, food safety, GMOs, and minimum wages.
I know something about trade agreements. I was proud to help President Clinton pass the North American Free Trade Agreement in 1993 and create what is still the world's largest free-trade area, linking 426 million people and more than $12 trillion of goods and services.
To open up new markets and create American jobs, we need to make global bilateral free trade agreements a priority as they were under the Clinton administration.
You mentioned the Free Trade Agreement and yes I can't tell you how pleased we are that Morocco is one of the countries that our country is going to begin negotiating a Free Trade Agreement with.
On trade, our country is a disaster. We have political hacks. People that give money to politicians. That's how they get their jobs. We have the worst people negotiating our trade deals. We're going stop that. We're going to have the greatest business people in the world and we have them. We're going to have the greatest business people in the world negotiating our trade deals with China.
As we learned after President Herbert Hoover signed the Smoot-Hawley tariff at the outset of the Great Depression, vibrant international trade is a key component to economic recovery; hindering trade is a recipe for disaster.
Using the greatest business people in the world, which America has, I am going to turn our bad trade agreements into great trade agreements.
If a patient became sugar-free and blood sugar normal on a basal requirement diet, the caloric intake was gradually increased until sugar appeared in the urine. The tolerance was thus ascertained.
Not only must we fight to end disastrous unfettered free trade agreements with China, Mexico, and other low wage countries, we must fight to fundamentally rewrite our trade agreements so that American products, not jobs, are our number one export.
I would like to believe that TPP will lead to more exports and jobs for the American people. But history shows that big trade agreements - from NAFTA to the Korea Free Trade Agreement - have resulted in fewer American jobs, lower wages, and a bigger trade deficit.
The Trans-Pacific Partnership trade agreement is a continuation of other disastrous trade agreements, like NAFTA, CAFTA, and permanent normal trade relations with China.
I am a firm believer in free but fair trade. However the United States should not be on the losing end of trade agreements that are not enforced. It is time that we make China play fairly.