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Jay Inslee on Free TradeDemocratic WA Governor; Former Rep/ (WA-1); withdrew from Presidential primary Aug. 2019 |
15 CANDIDATES HAVE SIMILAR VIEWS: Joe Biden; Cory Booker; Pete Buttigieg; Julian Castro; Bill de Blasio; Kirsten Gillibrand; Kamala Harris; John Hickenlooper; Amy Klobuchar; Beto O`Rourke; Tim Ryan; Bernard Sanders; Eric Swalwell; Elizabeth Warren; Marianne Williamson.
The majority of Democratic candidates want changes made to the agreement before it comes up for a vote in Congress, focusing on making changes to labor standards, environmental provisions, access to medicines and enforcement of the deal. Seventeen candidates, asked by Citizens Trade Campaign, a national coalition pushing for changes to USMCA, agreed that Congress should not approve the deal until changes have been made.
Mayor de Blasio has been among the most vocal candidates in expressing his opposition. "It's got a different name, but it's still NAFTA," he told CNN in July. "It's even worse in some ways. It gives even more power to corporations this time."
Jay Inslee: I believe that these two factors are inextricably linked. In the last few years Washington exports grew by nearly 20 percent--more than any other state. We will continue to be a state that builds, grows and innovates precisely because we have a world class workforce that manufactures high quality pieces for aerospace, clean technology, Business Insider named us the #1 economy in the nation precisely because we have a high quality economy built by the highest quality workforce.
Write New Rules for the Global Economy
The rise of global markets has undermined the ability of national governments to control their own economies. The answer is neither global laissez faire nor protectionism but a Third Way: New international rules and institutions to ensure that globalization goes hand in hand with higher living standards, basic worker rights, and environmental protection. U.S. leadership is crucial in building a rules-based global trading system as well as international structures that enhance worker rights and the environment without killing trade. For example, instead of restricting trade, we should negotiate specific multilateral accords to deal with specific environmental threats.
The mission of the Cato Institute Center for Trade Policy Studies is to increase public understanding of the benefits of free trade and the costs of protectionism.
The Cato Trade Center focuses not only on U.S. protectionism, but also on trade barriers around the world. Cato scholars examine how the negotiation of multilateral, regional, and bilateral trade agreements can reduce trade barriers and provide institutional support for open markets. Not all trade agreements, however, lead to genuine liberalization. In this regard, Trade Center studies scrutinize whether purportedly market-opening accords actually seek to dictate marketplace results, or increase bureaucratic interference in the economy as a condition of market access.
Studies by Cato Trade Center scholars show that the United States is most effective in encouraging open markets abroad when it leads by example. The relative openness and consequent strength of the U.S. economy already lend powerful support to the worldwide trend toward embracing open markets. Consistent adherence by the United States to free trade principles would give this trend even greater momentum. Thus, Cato scholars have found that unilateral liberalization supports rather than undermines productive trade negotiations.
Scholars at the Cato Trade Center aim at nothing less than changing the terms of the trade policy debate: away from the current mercantilist preoccupation with trade balances, and toward a recognition that open markets are their own reward.
The following ratings are based on the votes the organization considered most important; the numbers reflect the percentage of time the representative voted the organization`s preferred position.
[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.
Press release on Letter from 31 Governors to House Republican leaders:
We urge you to reauthorize the Export-Import Bank (Ex-Im) before its charter expires this year. In its role as the official export credit agency, Ex-Im is a vital export finance tool for exporters in our states, at no cost to American taxpayers.
Ex-Im allows our companies and workers to compete on a level playing field against our competitors. Without Ex-Im financing, US firms would have lost many sales campaigns to their overseas competitors.
Reauthorizing Ex-Im is the right thing to do for our economy, companies and workers. 41 GOP lawmakers and 865 business organizations have called for the charter`s immediate renewal. And, House Democrats have already introduced legislation to reauthorize the bank. Speaker Boehner, it`s time to act; quit jeopardizing the nation`s economy and American jobs.
Argument in opposition from FreedomWorks:
As governors of states whose economies and workforces depend on exports, we strongly urge Congress to support legislation that provides for the long-term reauthorization of the U.S. Export-Import Bank (Ex-Im Bank) before its charter expires on June 30, 2015. The Ex-Im Bank is a crucial tool that both small and large businesses use to compete fairly in the world market, increase their exports, stimulate job creation, and contribute to the growth of our states` economies.
As the official export credit agency of the United States, the Ex-Im Bank assumes the credit and country risks that private sector lenders are unable or unwilling to accept, and without it, U.S. firms would lose many sales to overseas competitors. The Ex-Im Bank allows our companies and workers to compete on a level playing field against international competitors who receive extensive support from their own export credit agencies.
In 2014, the Ex-Im Bank supplied more than $20 billion in financing to support approximately $27 billion in exports. In that same fiscal year, the Ex-Im Bank supported more than 160,000 American jobs. And the overwhelming majority of the Ex-Im Bank`s transactions--nearly 90 percent--assisted small businesses.
The Ex-Im Bank is financially self-sustaining, and operates at no cost to hard-working American taxpayers. In fact, in fiscal year 2014 alone, the Ex-Im Bank returned approximately $675 million in deficit-reducing receipts to the U.S. Treasury.
Last year, Congress reauthorized the Ex-Im Bank [for one year]. It is essential that both chambers act again, this time to pass a long-term, multi-year reauthorization.
Congressional Summary:Declares that the US Government should take action to address the problem of Canadian wheat imports if the Secretary of Agriculture has reason to believe that wheat is being imported from Canada under such conditions as to render ineffective any loan, purchase, or other program or operation undertaken by the Department of Agriculture. Declares that it is the sense of the Congress that:
OnTheIssues Summary: Many foreign governments consider the `loan, purchase, or other program` by the USDA to be agricultural subsidies which are disallowed under international trade agreements. Agricultural subsidies are the most contentious trade issues among industrialized countries -- and the US` agricultural subsidies are no exception. The Congressmen sponsoring this bill are primarily from agricultural states where their constituents are the recipients of the USDA`s `loan, purchase, or other program.`
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 :
