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Ted Cruz on Free Trade

 


End the Export-Import Bank

Cruz continued his war with Republican leaders, whom he has dubbed "liars" for not allowing votes to end the Export-Import Bank or Planned Parenthood's funding. "The truth is not rhetoric," Cruz said. "Here's the truth. [Senate Majority Leader] Mitch McConnell and [Senate Minority Leader] Harry Reid are working arm in arm."
Source: Washington Post on 2015 GOP candidate RedState Gathering , Aug 8, 2015

The Export-Import bank is corporate welfare

In his speeches and writings, Cruz rails against what he calls "corporate welfare" from the government. As a specific example, he frequently points to the Export-Import bank. The bank is a federal program which helps foreign entities buy U.S. goods by insuring the purchase. Cruz sees it as a boon to large corporations which he believes do not need federal assistance.
Source: PBS News Hour "2016 Candidate Stands" series , Mar 23, 2015

Defended Chinese company on intellectual property theft

Cruz's record came under scrutiny when moderators from Houston public radio's KUHF asked him about his legal work for a Chinese tire company in its appeal against a $26 million judgment that it had stolen intellectual property from an American tire company. Cruz said he was one of several attorneys on the case and that he had represented American companies against Chinese firms as well.
Source: Associated Press on ABC News on 2012 Texas Senate debate , May 3, 2012

Dewhurst lying about defending Chinese intellectual property

The greatest tension in the debate was between Dewhurst and Cruz, who exchanged veiled and some not-so-veiled attacks on each other. Dewhurst accused Cruz of distorting his nine-year record as lieutenant governor, while Cruz called Dewhurst a flat-out liar over his campaign commercial's attacking Cruz's work for a Chinese tire company.

Moderators asked Cruz about his legal work for a Chinese tire company in its appeal against a $26 million judgment that it had stolen intellectual property from an American tire company. Cruz said he was one of several attorneys on the case and that he had represented American companies against Chinese firms as well.

Source: Associated Press/ABC News on 2012 Senate AdWatch , May 3, 2012

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Page last updated: Aug 16, 2015