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Kathy Hochul on Free Trade

 

 


Impose tariffs against countries which manipulate currency.

Hochul signed Currency Reform for Fair Trade Act

[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

Require open markets for US goods in all trade agreements.

Hochul signed Reciprocal Market Access Act

Reciprocal Market Access Act of 2011: Prohibits the President from agreeing to the reduction or elimination of the existing rate of duty on any product in order to carry out a foreign trade agreement until the President certifies to Congress that the US has obtained the reduction or elimination of tariff and nontariff barriers and policies and practices of such foreign country with respect to US exports of any product that has the same physical characteristics and uses as the product for which the President seeks to modify its rate of duty.

    Congress finds the following:
  1. One of the fundamental tenets of the World Trade Organization (WTO) is reciprocal market access.
  2. The American people have a right to expect that the promises that trade negotiators and policy makers offer in terms of the market access opportunities that will be available to United States businesses and their employees if trade agreements are reached, will, in fact, be realized.
  3. With each subsequent round of bilateral, regional, and multilateral trade negotiations, tariffs have been significantly reduced or eliminated for many manufactured goods, leaving nontariff barriers as the most pervasive, significant, and challenging barriers to US exports and market opportunities
  4. The US market is widely recognized as one of the most open markets in the world.
  5. Often the only leverage the US has to obtain the reduction or elimination of nontariff barriers imposed by foreign countries is to negotiate the amount of tariffs the US imposes on imports from those foreign countries.
  6. The purpose of this Act is to require that trade negotiations achieve measurable results for US businesses by ensuring that trade agreements result in expanded market access for United States exports and not solely the elimination of tariffs on goods imported into the US.
Source: H.R.1749 11-HR1749 on May 5, 2011

Rated 25% by the USAE, indicating support for trade sanctions.

Hochul scores 25% by USA*Engage on trade issues

Ratings by USA*Engage indicate support for trade engagement or trade sanctions. The organization`s self-description: `USA*Engage is concerned about the proliferation of unilateral foreign policy sanctions at the federal, state and local level. Despite the fact that broad trade-based unilateral sanctions rarely achieve our foreign policy goals, they continue to have political appeal. Unilateral sanctions give the impression that the United States is `doing something,` while American workers, farmers and businesses absorb the costs.`

VoteMatch scoring for the USA*Engage ratings is as follows :

Source: USA*Engage 2011-2012 ratings on Congress and politicians 2012-USAE on Dec 31, 2012

Other governors on Free Trade: Kathy Hochul on other issues:
NY Gubernatorial:
Andrew Giuliani
Joe Pinion
Larry Sharpe
Lee Zeldin
Letitia James
Rob Astorino
Tom Suozzi
NY Senatorial:
Antoine Tucker
Charles Schumer
Joe Pinion
Josh Eisen
Kirsten Gillibrand
Mike Sapraicone
Gubernatorial races 2025:
New Jersey Governor:
Virginia Governor:
    Democratic primary June 17 cancelled:
  • Abigail Spanberger, U.S.Rep., VA-7 (2019-2024); Dem. nominee 2025
  • Levar Stoney, VA Secretary of the Commonwealth (2014-2016); (withdrew to run for Lt. Gov.)

    Republican primary June 17 cancelled:
  • Winsome Earle-Sears, Lt. Gov. since 2022; GOP nominee 2025
  • Amanda Chase, State Senate District 11 (2016-2023); failed to make ballot
  • Denver Riggleman, U.S.Rep. (R-VA-5); exploratory committee as Independent
  • Glenn Youngkin, Incumbent Governor , (2022-2025), term-limited
Mayoral races 2025:
NYC Mayor Democratic primary June 24, 2025:
  • Adrienne Adams, speaker of the City Council
  • Andrew Cuomo, former governor of New York, 2011-2021.
    Republican June 24 primary cancelled; general election Nov. 4:
  • Eric Adams, incumbent Democratic mayor running as an independent
  • Jim Walden, Independent; Former assistant U.S. Attorney
  • Curtis Sliwa, Republican; CEO of the Guardian Angels

Jersey City Mayor (Non-partisan)
    Non-partisan general election Nov. 4:
  • Mussab Ali, former president of the Jersey City Board of Education
  • Bill O'Dea, Hudson County commissioner (since 1997)
  • Jim McGreevey, former N.J. Governor (2002-2004)
  • James Solomon, city councilor (since 2017)
  • Joyce Watterman, president of the Jersey City Council (since 2023)

Oakland CA Mayor
    Non-partisan special election April 14, 2025:
  • Barbara Lee, U.S.Rep CA-12 (1998-2025)
  • Loren Taylor, Oakland City Council (2019-2023), lost general election
  • Sheng Thao, Oakland Mayor, lost recall election Nov. 5, 2024
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