Mike Turner on Free Trade
Republican Representative (OH-3)
Voted YES on implementing CAFTA, Central America Free Trade.
To implement the Dominican Republic-Central America-United States Free Trade Agreement. A vote of YES would:
Reference: CAFTA Implementation Bill;
Bill HR 3045
; vote number 2005-443
on Jul 28, 2005
- Progressively eliminate customs duties on all originating goods traded among the participating nations
- Preserve U.S. duties on imports of sugar goods over a certain quota
- Remove duties on textile and apparel goods traded among participating nations
- Prohibit export subsidies for agricultural goods traded among participating nations
- Provide for cooperation among participating nations on customs laws and import licensing procedures
- Encourage each participating nation to adopt and enforce laws ensuring high levels of sanitation and environmental protection
- Recommend that each participating nation uphold the International Labor Organization Declaration on Fundamental Principles and Rights at Work
- Urge each participating nation to obey various international agreements regarding intellectual property rights
Voted YES on implementing US-Australia Free Trade Agreement.
United States-Australia Free Trade Agreement Implementation Act: implementing free trade with protections for the domestic textile and apparel industries.
Reference: Bill sponsored by Rep Tom DeLay [R, TX-22];
; vote number 2004-375
on Jul 14, 2004
Voted YES on implementing US-Singapore free trade agreement.
Vote to pass a bill that would put into effect a trade agreement between the United States and Singapore. The trade agreement would reduce tariffs and trade barriers between the United States and Singapore. The agreement would remove tariffs on goods and duties on textiles, and open markets for services The agreement would also establish intellectual property, environmental and labor standards.
Reference: US-Singapore Free Trade Agreement;
Bill HR 2739
; vote number 2003-432
on Jul 24, 2003
Voted YES on implementing free trade agreement with Chile.
United States-Chile Free Trade Agreement Implementation Act: Vote to pass a bill that would put into effect a trade agreement between the US and Chile. The agreement would reduce tariffs and trade barriers between the US and Chile. The trade pact would decrease duties and tariffs on agricultural and textile products. It would also open markets for services. The trade pact would establish intellectual property safeguards and would call for enforcement of environmental and labor standards.
Reference: Bill sponsored by DeLay, R-TX;
Bill HR 2738
; vote number 2003-436
on Jul 24, 2003
Promote the Andean Free Trade Agreement.
Turner adopted the Republican Main Street Partnership agenda item:
After a month of debate the Senate passed a The Andean Free Trade Agreement (H.R. 3009) including language to grant the president trade promotion authority. With the unanimous support of all eight Republican Main Street Partnership Senators, H.R. 3009 passed 66 to 30. Included in the legislation is an expansion of Trade Adjustment Assistance (TAA) providing a tax credit for 70% of the cost of health insurance purchased individually after losing employment as a result of a trade agreement.
While the Senate maintained its pro-trade reputation by defeating amendments by Senator Kerry (MA) and Senator Byrd (WV) diluting Trade Promotion Authority, one amendment strongly opposed by Main Street remains in the bill. An amendment offered by Senator Dayton (MN) and Senator Craig (ID) would allow the Senate to remove from fast-track consideration any provision of an agreement that would limit US trade remedy laws. Main Street firmly believes that this negates Trade Promotion Authority entirely, and supports President Bush's veto threat should this language remain intact after a House/Senate conference.
Source: Republican Main Street Partnership Legislative Agenda 02-RMSP1 on May 24, 2002
Tariffs against countries undervaluing their currency.
Turner signed H.R.2378 & S.1027
Amends the Tariff Act of 1930 to require the administering authority to determine, based on certain requirements, whether the exchange rate of the currency of an exporting country is undervalued or overvalued (misaligned) against the U.S. dollar for an 18-month period; and to take certain actions under a countervailing duty or antidumping duty proceeding to offset such misalignment in cases of an affirmative determination. Congress makes the following findings:
Source: Currency Reform for Fair Trade Act 09-HR2378 on May 13, 2009
- The strength, vitality, and stability of the US economy and the openness and effectiveness of the global trading system are critically dependent upon an international monetary regime of orderly and flexible exchange rates.
Increasingly in recent years, a number of foreign governments have undervalued their currencies by means of protracted, large-scale intervention in foreign exchange markets, and this fundamental misalignment has substantially contributed to distortions in trade flows.
- This exchange depreciation serves as a subsidy for, and facilitates dumping of, exports from countries that engage in this mercantilist practice.
- It is consistent with the agreements of the World Trade Organization and the International Monetary Fund that US trade law make explicit that fundamental undervaluation by an exporting country of its currency is actionable as a countervailable export subsidy and alternatively can be offset by antidumping duties.
Impose tariffs against countries which manipulate currency.
Turner signed Currency Reform for Fair Trade Act
- Amends the Tariff Act of 1930 to include as a "countervailable subsidy" requiring action under a countervailing duty or antidumping duty proceeding the benefit conferred on merchandise imported into the US from foreign countries with fundamentally undervalued currency.
- Defines "benefit conferred" as the difference between:
- the amount of currency provided by a foreign country in which the subject merchandise is produced; and
- the amount of currency such country would have provided if the real effective exchange rate of its currency were not fundamentally undervalued.
- Determines that the currency of a foreign country is fundamentally undervalued if for an 18-month period:
- the government of the country engages in protracted, large-scale intervention in one or more foreign exchange markets
- the country's real effective exchange rate is undervalued by at least 5%
- the country has experienced significant and persistent global current account
- the country's government has foreign asset reserves exceeding the amount necessary to repay all its debt obligations.
[Explanatory note from Wikipedia.com "Exchange Rate"]:
Between 1994 and 2005, the Chinese yuan renminbi was pegged to the US dollar at RMB 8.28 to $1. Countries may gain an advantage in international trade if they manipulate the value of their currency by artificially keeping its value low. It is argued that China has succeeded in doing this over a long period of time. However, a 2005 appreciation of the Yuan by 22% was followed by a 39% increase in Chinese imports to the US. In 2010, other nations, including Japan & Brazil, attempted to devalue their currency in the hopes of subsidizing cheap exports and bolstering their ailing economies. A low exchange rate lowers the price of a country's goods for consumers in other countries but raises the price of imported goods for consumers in the manipulating country.
Source: HR.639&S.328 11-HR0639 on Feb 14, 2011
Sponsored imposing import fee on countries with undervalued currency.
Turner co-sponsored Currency Reform for Fair Trade Act
Congressional Summary:Amends the Tariff Act of 1930 to include a countervailing duty or antidumping duty on merchandise imported into the US from foreign countries with fundamentally undervalued currency.
- Defines the [amount subject to the import fee as] ) the amount of currency such country would have provided if the real effective exchange rate of its currency were not fundamentally undervalued.
- Determines that the currency of a foreign country is fundamentally undervalued if for an 18-month period the government of the country engages in protracted, large-scale intervention in one or more foreign exchange markets; and the country has experienced significant and persistent global current account surpluses; and the country's government has foreign asset reserves exceeding the amount necessary to repay all its debt obligations falling due within the coming 12 months.
Opponent's argument against bill: (by the
Club for Growth)We urge all House members to not co-sponsor the protectionist Currency Reform for Fair Trade Act. This proposal would make it easier for the federal government to slap
Source: H.R.1276 13-H1276 on Mar 20, 2013
2012 Governor, House and Senate candidates on Free Trade:
Mike Turner on other issues:
Left 113th Congress, 2013-2014:
AL-1: Jo Bonner(R,resigned)
IL-2: Jesse L. Jackson(D,convicted)
LA-5: Rodney Alexander(R,resigned)
MA-5: Ed Markey(D,elected)
MO-8: Jo Ann Emerson(R,resigned)
NJ-1: Rob Andrews(D,investigated)
SC-1: Tim Scott(R,appointed)
Newly-elected special elections 2013-2014:
AL-1: Bradley Byrne(R)
IL-2: Robin Kelly(D)
LA-5: Vance McAllister(R)
MA-5: Katherine Clark(D)
MO-8: Jason Smith(R)
NC-12: Pending Jul.15
NJ-1: Pending Nov.4
SC-1: Mark Sanford(R)
Won primary 2014:
TX-4: John Ratcliffe(R)
VA-7: Dave Brat(R)
Retiring to run for Senate in 2014:
AR-4: Tom Cotton(R)
CO-4: Cory Gardner(R)
GA-1: Jack Kingston(R)
HI-1: Colleen Hanabusa(D)
IA-1: Bruce Braley(D)
LA-6: Bill Cassidy(R)
MT-0: Steve Daines(R)
OK-5: James Lankford(R)
WV-2: Shelley Moore Capito(R)
Former Reps running for House in 2014:
AL-5: Parker Griffith(R)
CA-3: Doug Ose(R)
MS-4: Gene Taylor(D)
MT-0: Denny Rehberg(R)
NH-1: Frank Guinta(R)
OH-7: John Boccieri(D)
Lost primary 2014:
TX-4: Ralph Hall(R)
VA-7: Eric Cantor(R)
Retiring to run for State Office in 2014:
AR-2: Tim Griffin(R)
ME-2: Mike Michaud(D)
VI-0: Donna Christensen(D)
Retiring effective Jan. 2015:
AL-6: Spencer Bachus(R)
AZ-7: Ed Pastor(D)
IA-3: Tom Latham(R)
MI-4: Dave Camp(R)
MI-6: Tom Petri(R)
MN-6: Michele Bachmann(R)
NC-6: Howard Coble(R)
NC-7: Mike McIntyre(D)
NJ-3: Jon Runyan(R)
NY-4: Carolyn McCarthy(D)
PA-6: Jim Gerlach(R)
UT-4: Jim Matheson(D)
VA-8: James Moran(D)
WA-4: Doc Hastings(R)
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Page last updated: Jul 24, 2014