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Chris Coons on Free Trade

 


Recent trade deals take advantage of us

I think we need to change the crazy tax policy in Washington that gives an incentive to American companies to shut down operations here and ship jobs overseas.

I've proposed expanding the home office tax credit, & for starting a new business that employs folks within the first couple of years, fighting harder in trade policy to make sure we're not letting our trading partners take advantage of us in trade deals that were signed over previous years, doing more in investment and innovation.

Source: CNN's Wolf Blitzer moderating 2010 Delaware Senate debate , Oct 13, 2010

Link fair trade with national security

Chris Coons approaches military and foreign policy matters as a Truman Democrat. Our nation is best served by a robust, engaged foreign policy, based in diplomacy and strategic partnerships with other nations. We need a well-trained, sophisticated national security and intelligence capability, and policies and practices that recognize the link between our security and development, fair trade, and human rights.
Source: 2010 Senate campaign website, chriscoons.com, "Issues" , Jul 20, 2010

Sponsored sugar quotas & import tariffs to stabilize prices.

Coons co-sponsored Sugar Reform Act

Congressional Summary:Sugar Reform Act:

Proponent's argument for bill:(Senators' opinions reported on politico.com) "We subsidize a handful of wealthy sugar growers at the expense of everybody in America," said Sen. Patrick Toomey (R-Pa.), whose home state boasts the chocolate giant, Hershey's. Sen. Heidi Heitkamp (D-N.D.), warned her colleagues against unraveling the commodity coalition behind the farm bill: "We forget that this is much bigger than a sugar program. It's much bigger than any one single commodity. When you single out one commodity, you threaten the effectiveness of the overall farm bill."

Opponent's argument against bill:(Food and Business News, May 2013): Users claim the sugar program nearly doubles the price of sugar to US consumers and has resulted in lost jobs as some candy manufacturers have moved operations to other countries. Producers claim the program has resulted in more stable sugar supplies, provides a safety net for growers and that world prices are often lower because of subsidies in origin countries, which would put US growers at a disadvantage should import restrictions be lifted. Producers also note that US sugar prices have declined more than 50% from late 2011 highs. They also maintain that jobs have been lost or moved out of the US for reasons other than sugar prices, mainly labor and health care costs, noting that candy makers' profits have been strong in recent years.

Source: S.345/ H.R.693 13-S345 on Feb 14, 2013

Other candidates on Free Trade: Chris Coons on other issues:
DE Gubernatorial:
Jack Markell
DE Senatorial:
Christine O`Donnell
Tom Carper

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Page last updated: Dec 21, 2013