Fox Business 2015 GOP primary debate: on Free Trade

Rick Santorum: FactCheck: Several other candidates support EXIM Bank too

Oppose EXIM Bank:
• Ted Cruz (R-TX), 8/2015: EXIM Bank is corporate welfare
• Rand Paul (R-KY), 3/2012: EXIM Banks subsidizes multinationals
• Bernie Sanders (D-VT), 6/2015: EXIM Bank is corporate welfare to multinationals
• Donald Trump (R-NY), 8/2015, EXIM Bank is feather-bedding for politicians
• Carly Fiorina (R-CA), 7/2014, EXIM Bank is marriage between big government & big business

Support EXIM Bank:
• Jeb Bush (R-FL), 9/2007: Secured $74M EXIM bank loan for exports to Nigeria
• Hillary Clinton (D-NY), 11/2014, EXIM Bank is tool for competitive exporting
• Martin O`Malley (D-MD), 7/2014: Reauthorize EXIM Bank
• Lindsey Graham (R-SC), 7/2015, Voted for renewing charter of the EXIM Bank

Donald Trump: TPP is a horrible deal; no one has read its 5,600 pages

TRUMP: The TPP is horrible deal. It is a deal that is going to lead to nothing but trouble. It's a deal that was designed for China to come in, as they always do, through the back door and totally take advantage of everyone. It's 5,600 pages long, so complex that nobody's read it. This is one of the worst trade deals. And I would, yes, rather not have it. We're losing now over $500 billion in terms of imbalance with China, $75 billion a year imbalance with Japan.

Q: Which are there particular parts of the deal that you think were badly negotiated?

TRUMP: Well, the currency manipulation they don't discuss in the agreement, which is a disaster. If you look at the way China in particular takes advantage of the US--it's through currency manipulation. It's not even discussed in the almost 6,000-page agreement.

Sen. Rand PAUL: Hey, you know, we might want to point out China is not part of this deal.

John Kasich: TPP is a strategic alliance against China

KASICH: TPP, it's critical to us, not only for economic reasons and for jobs, because there are so many people who are connected to getting jobs because of trade, but it allows us to create not only economy alliances, but also potentially strategic alliances against the Chinese. They are not our enemy, but they are certainly not our friend.

Rand Paul: Senate should be involved in trade deals, not just President

TRUMP: The TPP is horrible deal. It's a deal that was designed for China to come in through the back door. We're losing now over $500 billion in terms of imbalance with China. If you look at the way China in particular takes advantage of the US--it's through currency manipulation. It's not even discussed in the TPP.

PAUL: Hey, you know, we might want to point out China is not part of this deal.

Q: But isn't that part of the problem? That if this deal is not ratified by the Senate, then it would actually give China an opportunity to grow its economic leadership?

PAUL: There is an argument that China doesn't like the deal, because in us doing the deal, we'll be trading with their competitors. But we've missed the point a little bit. It's a mistake that we give up power to the presidency on these trade deals. We give up the power to filibuster, and I'm kind of fond of that power.

Rick Santorum: Export financing to level playing field for US manufacturers

How can you come out and say "I'm for manufacturing" when a majority of Republican congressmen and senators supported the EXIM bank because it means jobs for American workers here in America. The fact is that we've seen already G.E. lose jobs here in America, and just move those jobs to France and Hungary. We have a right as a country to compete with other countries that have export financing. Every major manufacturer, 60 countries, competes against America, wants to take our jobs, and we have every Republican candidate tying one hand behind our back and saying "go out and compete."