A Quote by Stephen F. Lynch
Instead of trade policy that is beneficial to American businesses and workers as well as our trade partners, we have a flawed trade policy that hurts all parties.
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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.
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.
U.S. trade policy has been a disaster for American workers.
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.
People tend to think about trade as if it's competition between companies - if Apple wins, Google loses. But that's false. Trade makes nations better off in general. Now, I want to be clear. I'm not saying that everything about trade is good and beneficial. Trade also has costs.
I am totally in favor of trade. But I want trade deals for our country that create more jobs and higher wages for American workers.
I am all in favor of growing the American economy and engaging in trade with the world, but not at the expense of American workers. The North American Free Trade Agreement is a perfect example of this. Ask the textile workers of North Carolina how NAFTA worked out for them - if you can find any.
If a trade deficit is determined solely by rates of savings and investment, then the U.S. trade deficit will be impervious to a get-tough trade policy. Slapping higher tariffs on imports will only deprive foreigners of the dollars they would have earned by selling in the U.S. market.
Free trade is an important component of our economy, but it also has to be fair. Too often, the needs of American workers are ignored while the interests of huge corporations are the focus of these trade deals.
The defining moment in American economic history is when Bill Clinton lobbied to get China into the World Trade Organization. It was the worst political and economic mistake in American history in the last 100 years. China went into the World Trade Organization and agreed to play by certain rules. Instead, they are illegally subsidizing their exports, manipulating their currency, stealing all of our intellectual property, using sweatshops, using pollution havens. What happens is, our businesses and workers are playing that game with two hands tied behind their back.
The voters in both parties understand our trade policy really has betrayed the middle class.
Our nation's attitudes toward trade have been shaped by the evolving struggle over who has been helped and who has been disadvantaged by trade policy as our economy has developed.
Terrorism and trade policy are clearly topics where Trump expresses the fears and concerns of many American people. There is a widespread feeling in this country that the government has been too willing to go into trade deals that sent American jobs to Mexico or to China. The affected communities feel left behind. It is one of the reasons for Trump's rise.
Developing protectionism regarding trade and our reluctance to place fiscal policy on a more sustainable path are threatening what may well be our most valued policy asset: the increased flexibility of our economy, which has fostered our extraordinary resilience to shocks.
I pledge to never sign any trade agreement that hurts our workers or that diminishes our freedom and our independence. We will never, ever sign bad trade deals. America first again. America first!
Unfair trade deals like the North American Free Trade Agreement eviscerated good-paying manufacturing jobs, putting more than 3 million U.S. workers out of work.
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