A Quote by Sherrod Brown
What Clinton wants is to enforce trade policy, she wants to triple the number of trade enforcement officers, which will really matter in trying to level the playing field with South Korea and China and other countries that don't play it straight.
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Hillary Clinton has supported virtually every trade agreement that has been destroying our middle class. She supported NAFTA and she supported China's entrance into the World Trade Organization, another one of her husband's colossal mistakes and disasters. She supported the job-killing trade deal with South Korea. She supported the Trans-Pacific Partnership which will not only destroy our manufacturing, but it will make America subject to the rulings of foreign governments. And it's not going to happen.
That means we get other countries to play by our rules. You add up all the countries that we have trade agreements with, we have a surplus with them. You add up the countries we do not have a trade agreement with, that`s where a massive trade deficit comes from. So our goal is to get free trade agreements, and that means we get other countries to play and live by our rules so we can level the playing field.
As president, I will ramp up enforcement of trade rules by appointing a new chief trade prosecutor and tripling the number of enforcement officers. We will work with both parties to pass the biggest investment new good paying jobs since World War II.
We have to fundamentally rethink our trade policy and make it work not for the CEOs of large corporations, but for working people. So, if Trump wants to develop a rational trade policy which demands corporations start investing in this country, rather than China, that's something that we can work on.
Hillary Clinton's position on policy on markets and trade is very plain, which is we'll do trade deals but only if they meet three criteria, increase American jobs and wages and are they good for national security. If they are and if we can enforce them, then trade deals are okay. If not, we can't embrace them.
I see something different in Hillary Clinton. She wants a trade prosecutor. She's going after currency. She's going stand up strong on keeping China designated as a non-market economy.
It's extraordinary to me - you cannot name a presidential candidate in history who has singlehandedly, through bad trade deals, destroyed more American jobs and more American factories than Hillary Clinton. She did NAFTA, she did China's entry into the World Trade Organization, she did the South Korean 2012 deal - every single one of those.
I think that the important point is we've got to have a president who understands the benefits of free trade but also is going to enforce unfair trade agreements and is going to stand up to other countries.
As commerce secretary, I led the Clinton administration's effort to ensure China's entry into the World Trade Organization and the permanent normalization of trade between the U.S. and China - steps that produced a 76 percent increase in U.S. exports to China in just three years.
I fully understand the One-China policy. But I don't know why we have to be bound by a One-China policy unless we make a deal with China having to do with other things, including trade.
As South Korea shows, active participation in international trade does not require free trade. Indeed, had South Korea pursued free trade and not promoted infant industries, it would not have become a major trading nation. It would still be exporting raw materials (e.g., tungsten ore, fish, seaweed) or low-technology, low-price products (e.g., textiles, garments, wigs made with human hair) that used to be its main export items in the 1960s.
During the 1999 debate over Permanent Normal Trade Relations with China President Bill Clinton said, 'In opening the economy of China, the agreement will create unprecedented opportunities for American farmers, workers and companies to compete successfully in China's market. WRONG: Our trade deficit with China has increased from $83 billion in 2001 to a record breaking $342 billion in 2014.
We will trade freely with free nations and not spend our time chasing trade deals with predatory countries like communist China.
China are running trade deficits with the rest of the world. If you look at the U.S. trade deficit, it's close to $800 billion trade in goods. Half of that is with China, so it's a big part of the problem. And the problem with China, as opposed to, say, Canada, is that China cheats.
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.
The overwhelming number of Democrats... think our trade policy has gone in the wrong direction. They think that our trade policy encourages companies to leave the country. They think our trade policy has caused more and more businesses to outsource.
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