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Jon Huntsman on Free Trade
Republican UT Governor
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China will say our QE1 and QE2 were currency manipulation
Q: Gov. Romney says, "I will label China as it is, a currency manipulator, and I will go after them for stealing our intellectual property, and they will recognize that if they cheat, there is a price to pay." You say that this would risk a trade war.
But if China is indeed keeping its currency low, that means that everything they sell in this country is artificially cheap & everything that our companies try to sell in China is artificially expensive. What do you say when people ask, aren't we already
in a trade war with China?HUNTSMAN: I don't subscribe to the Mitt Romney school of international trade. I don't want to find ourselves in a trade war. With respect to China, if you start slapping penalties on them based on countervailing duties,
you're going to get the same thing in return because what they're going to say, because of quantitative easing part one and part two, you're doing a similar thing to your currency. And then you're going to find yourself in a trade war very, very quickly.
Source: 2011 GOP debate at Dartmouth College, NH
, Oct 11, 2011
Establish a Free Trade Area of the Americas
Huntsman served as Deputy United States Trade Representative for Pres. George W. Bush. "Promoting open markets promotes democratic values in those markets and enhances opportunities for American farmers, workers, entrepreneurs, and families," said
Huntsman in a press release at the time. "With the US party to only two of the 130 free trade agreements worldwide, it is crucial to get off the sidelines by launching a new WTO trade round and establishing a Free Trade Area of the Americas. Trade
Promotion Authority, the President's top trade goal, is important for both."In 2002, Huntsman called NAFTA "a success beyond anyone's expectations. It has allowed the average family to save in terms of what they pay for goods, products that would
otherwise carry a higher cost." Indeed, Huntsman seemed to demonstrate an understanding that free markets lead to economic growth. He said in May of 2011 that imposing tariffs on Chinese imports "would throw us into a depression."
Source: Club for Growth 2012 Presidential White Paper #8: Huntsman
, Jun 22, 2011
Open up global markets for Utah businesses
As Governor, I will bring to bear my international experience in business and trade relations to open up global markets for Utah businesses. Strengthening Utah’s presence in the international trading community will be focused on the following key areas:
- Leverage my international experience with relationships to benefit Utah
- Build connections with overseas offices to facilitate growth within key international regions
- Appoint a world-class advisory board for international trade
Source: Gubernatorial website, www.utah.gov/governor/
, Nov 11, 2006
Page last updated: Mar 24, 2013