Jim Holt on Free Trade

Republican challenger for Senate (AR)

Expand free trade

Q: Do you support or oppose expanding free trade?

A: Support.

Source: Email interview on 2010 Senate race with OnTheIssues.org Apr 21, 2010

Keep status quo on trading with Cuba

Let’s continue to trade with Cuba as we are now - on a pay-first basis. Cuba is still a communist country. Let’s not forget what happened when their Soviet-backed economy was doing well. Their resources were more plentiful and they used them to create havoc in their area and all the way into Africa. America even had to go into Grenada because of the trouble Fidel Castro was stirring up. We probably need to keep the trade embargo until a new leader is in power. Then reevaluate. Source: Campaign website, JimHolt.us, “Issues” Jul 12, 2004

Take steps to stop job losses

The federal government should take steps to stop the flow of jobs from the US by using tariffs on country’s that rig the game so that trade between us does not reflect true free-market costs. Currency manipulation would be a major example. Right now the government of China does not float its currency. The medium of exchange between our two economies is not accountable to the free market, and therefore cost shifting occurs. Source: Campaign website, JimHolt.us, “Issues” Jul 12, 2004

NAFTA has been hurtful

I believe over all it has been hurtful. When NAFTA was enacted our trade deficit was nine billion. Now after approximately ten years, our trade deficit is 90 billion and our jobs are leaving almost as fast as new jobs are created. America and her legislative branch must start doing a better job of negotiating with other countries and have the intestinal fortitude to put tariffs on other countries to at least make the playing field level or to reduce the over burdensome regulations and taxes here. Source: Campaign website, JimHolt.us, “Issues” Jul 12, 2004

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Page last updated: Nov 26, 2010