Seth Moulton on Free Trade

	Seth Moulton on Free Trade Democratic Presidential Challenger (withdrawn); MA Rep.

Deals must help Americans & protect intellectual property

We need to take on China but do so in a smart way. That means working towards a trade deal that helps Americans and American workers; building a cyber wall to keep our intellectual property safe in the face of Chinese aggression; and establishing a Pacific version of NATO to counter the growing security threat China poses to the region. Source: Council on Foreign Relations on 2020 presidential primary , Jul 30, 2019

China steps in when US doesn't lead on trade deals

Under Trump, we've seen what happens when the United States doesn't lead in these multilateral efforts: China steps in and tries to remake the world in their autocratic, illiberal image. For that reason and more, my administration would re-engage in the TPP negotiations, focusing on strengthening labor and environmental standards. The goal must be to conclude a strong, fair trade deal for the Pacific on our terms, not China's. Source: Council on Foreign Relations on 2020 presidential primary , Jul 30, 2019

Use tariffs to crack down on certain countries

Moulton on Tariffs: Use tariffs to crack down on certain countries.

SIX CANDIDATES HAVE SIMILAR VIEWS: Amy Klobuchar; Wayne Messam; Tim Ryan; Bernard Sanders; Eric Swalwell; Elizabeth Warren.

Some Democrats, such as Sens. Elizabeth Warren, Bernie San

Source: Politico "2020Dems on the Issues" , Jul 17, 2019

$25B more loans from Export-Import Bank.

Moulton co-sponsored H.R.1031 & S.824

This bill raises the cap on outstanding loans, guarantees, and insurance of the Export-Import Bank of the United States for FY2015-FY2022 and afterwards. The Bank shall:

Provide technical assistance to small businesses on how to apply for financial assistance from the Bank;
Establish programs under which private financial institutions may share risk in the loans, guarantees, and other Bank products in exchange for receiving fees received from program participants.
The Bank may enter into up to $25 billion worth of contracts of reinsurance, co-finance, or other risk-sharing arrangements on its portfolio or individual transactions with insurance companies, financial institutions, or export credit agencies.

Opponents reasons for voting NAY: (Washington Examiner, 12/2/12): The Export-Import Bank is a taxpayer-backed agency that finances U.S. exports, primarily though loan guarantees. You`d think the bank would spread the money around to nurture up-and-coming businesses. You`d be wrong, very wrong. In fact, 83% of its taxpayer-backed loan guarantees in 2012 went to just one exporter: Boeing. Welcome to the `New Economic Patriotism,` where the big get bigger and taxpayers bear the risk. Ex-Im is at the heart of Obama`s National Export Initiative and is a pillar of the economic patriotism that Obama pledged in a second term. When government hands out more money, the guys with the best lobbyists and the closest ties to power will disproportionately get their hands on that money. Obama has spent four years pushing more subsidies, more bailouts and more regulations. `New Economic Patriotism` basically amounts to a national industrial policy -- Washington championing certain major domestic companies and industries, as if the global economy were an Olympic competition.

Source: Promoting U.S. Jobs Through Exports Act 15-HR1031 on Feb 24, 2015

Implement USMCA for improved North American trade.

Moulton voted YEA USMCA Implementation Act

Summary from Congressional Record and Wikipedia:Vote to amend the North American Free Trade Agreement (NAFTA) and establish the United States-Mexico-Canada Agreement (USMCA). Rather than a wholly new agreement, it has been characterized as `NAFTA 2.0`; final terms were negotiated on September 30, 2018 by each country. The agreement is scheduled to come into effect on July 1, 2020.

Case for voting YES by Rep. Charlie Crist (D-FL); (Dec. 19, 2019)The USMCA includes stronger protections for American workers and enforceable labor standards, as well as environmental protections. It eliminates the Trump Administration`s threat that the US could walk away entirely from the trade agreement with Canada and Mexico, which would devastate US jobs and our economy.

Case for voting NO by Jared Huffman (D-CA); (Dec. 19, 2019) Democratic negotiators did a lot to improve Donald Trump`s weak trade deal, especially in terms of labor standards and enforcement, but the final deal did not reach the high standard that I had hoped for. The NAFTA renegotiations were a once-in-a-generation opportunity to lift labor and environmental standards across the continent--to lock in serious climate commitments with two of our largest trading partners and dramatically improve labor standards and enforcement to slow the rise of outsourcing.

Legislative outcome: Bill Passed (Senate) (89-10-1) - Jan. 16, 2020; bill Passed (House) (385-41-5) - Dec. 19, 2019; signed at the G20 Summit simultaneously by President Trump, Mexican President Enrique Nieto, and Canadian Prime Minister Justin Trudeau, Nov. 30, 2018

Source: Congressional vote 19-HR5430 on Dec 19, 2019