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David McCormick on Free Trade

 

 


When China succeeds, the United States succeeds

In 2007, McCormick spoke as a member of the Bush administration in˙Beijing, where he said that "When China succeeds, the United States succeeds" and that the US owes "much of the strength and vitality of our economic relationship today to the remarkable success of China's economic development over the last three decades..." As a member of the Bush administration, McCormick pushed China to raise the value of its currency. In the past, McCormick supported the˙Trans-Pacific Partnership.
Source: Wikipedia on 2022 Pennsylvania Senate race , May 22, 2022

With Bush: embrace trade; with Trump: America First

McCormick has highlighted the benefits of free trade stating in 2008 that "the key to remaining competitive in today's changing world is embracing openness to trade and to investment and to people".˙As a member of the Bush administration, McCormick pushed China to raise the value of its currency.

In more recent times, he has supported President Trump's America First policy, indicating a shift. In the past, he has seemed to argue that the benefits of free trade outweighed the downside of displacing American workers and suggested retraining those who whose jobs have become obsolete. He also opposed U.S. exports which gave advantages to China's military.˙In the past, McCormick supported the˙Trans-Pacific Partnership.

Source: Wikipedia on 2022 Pennsylvania Senate race , May 22, 2022

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