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Angus King on Free Trade

Independent Former ME Governor

 


Develop an open North American energy market.

King signed the New England Governors' Conference resolution:

Source: NEG/ECP Resolution 25-12: Energy / NICE 00-NEGC12 on Jul 18, 2000

Foster globalization with New England & Eastern Canada.

King signed the New England Governors' Conference resolution:

  • WHEREAS, a successful Knowledge Industry Innovatorsí Forum resulted in the identification of issues critical to the continued development of a knowledge economy in the Northeast; and
  • WHEREAS, the Governorís Conference is desirous of working together, in cooperation with the business community, to promote economic growth, facilitate trade flows across borders, and identify future opportunities for trade development;
  • NOW THEREFORE, BE IT RESOLVED that the Conference of New England Governors and Eastern Canadian Premiers adopt the [work plan summarized here]:
    1. Continue to focus on the development of strategies and initiatives that Premiers and Governors can undertake to grow the Northeast regionís knowledge economy.
    2. Monitor and discuss national and international trade policy, including NAFTA, WTO, and discussions regarding a free trade agreement of the Americas.
    3. Identification of border crossing impediments and strategies for addressing; including cross-border re-location of professionals, and businesses wishing to conduct business in both countries.
    4. Assess opportunities and challenges facing the Northeast energy sector.
  • BE IT FURTHER RESOLVED that the Standing Committee on Trade and Globalization seek appropriate resources to undertake a trade and infrastructure study for the region; and
  • BE IT FURTHER RESOLVED that [we commit to] continue working with innovators to profile the regionís knowledge economy sector, identify key public and private sector institutions in order to encourage the development of a strong, representative, regional network to assist Governors and Premiers in facilitating the continued development of a knowledge economy in the Northeast.
    Source: NEG/ECP Resolution 26-5: Trade & Globalization 01-NEGC5 on Aug 28, 2001

    Voted FOR reauthorizing Ex-Im Bank.

    King voted NAY Export-Import Bank Reform and Reauthorization Act

    Heritage Action summary of vote# S206: The Senate voted to table (kill) an amendment by Sen. Kirk to reauthorize the Export-Import Bank. Sen. Kirk recommends voting NO. Heritage Foundation recommends voting YES because the "Ex-Im Bank is little more than a $140 billion slush fund for corporate welfare."

    OnTheIssues explanation: Voting NO would allow a vote on reauthorization of the Ex-Im Bank. Voting YES would kill the bill for reauthorizing the Ex-Im Bank.

    Sierra Club reason for conditionally voting NO (from previous bill S.819):Sen. Shaheen's bill S.824 reauthorizes the Ex-Im Bank without undermining Obama's Climate Action Plan. The Sierra Club supports the bill because it makes both financial and environmental sense for the US and all of its taxpayer-backed financial institutions--including Ex-Im--to stop investing in dirty and dangerous fossil fuels like coal.

    Cato Institute reason for voting YES to kill the bill:The Ex-Im Bank's reauthorization buffs contend that Ex-Im fills a void left by private sector lenders unwilling to provide financing for certain transactions. Ex-Im's critics [say that] by effectively superseding risk-based decision-making with the choices of a handful of bureaucrats pursuing political objectives, Ex-Im risks taxpayer dollars. It turns out that for nearly every Ex-Im financing authorization that might advance the fortunes of a single US company, there is at least one US industry whose firms are put at a competitive disadvantage. These are the unseen consequences of Ex-Im's mission.

    Source: Supreme Court case 15-S0995 argued on Oct 19, 2015

    More business cooperation between New England & East Canada.

    King signed the New England Governors' Conference resolution:

    Source: NEG/ECP Resolution 23-7: Economic Cooperation 98-NEGC7 on Jun 9, 1998

    Other candidates on Free Trade: Angus King on other issues:
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    Page last updated: Jun 04, 2018