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Jon Huntsman on Free TradeRepublican UT Governor |
HUNTSMAN: I don't subscribe to the Mitt Romney school of international trade. I don't want to find ourselves in a trade war. With respect to China, if you start slapping penalties on them based on countervailing duties, you're going to get the same thing in return because what they're going to say, because of quantitative easing part one and part two, you're doing a similar thing to your currency. And then you're going to find yourself in a trade war very, very quickly.
In 2002, Huntsman called NAFTA "a success beyond anyone's expectations. It has allowed the average family to save in terms of what they pay for goods, products that would otherwise carry a higher cost." Indeed, Huntsman seemed to demonstrate an understanding that free markets lead to economic growth. He said in May of 2011 that imposing tariffs on Chinese imports "would throw us into a depression."
States' commitments under CAFTA:
Americans for Legal Immigration PAC (ALIPAC) compiled a list of the status of each of the 50 states with regards to CAFTA procurement. For states that have rescinded their commitment, we infer that the incumbent governor strongly opposes CAFTA (because the state made a commitment and then un-made it). For states that declined to commit, we infer that the incumbent governor somewhat opposes CAFTA. For states that committed, we infer that the incumbent governor supports CAFTA.
CAFTA is the Central American Free Trade Agreement. CAFTA expands NAFTA (the North American Free Trade Agreement, between the U.S., Canada, and Mexico) to five Central American nations (Guatemala, El Salvador, Honduras, Costa Rica and Nicaragua), and the Dominican Republic. It passed Congress on July 27, 2005.
Opposition to CAFTA procurement rules (by Public Citizen): Should an international trade agreement determine how we are allowed to spend our domestic tax dollars? Prior to the passage of CAFTA, the majority of state governments agreed: Subjecting decisions about how to spend state taxpayer dollars to second-guessing by foreign trade tribunals is a bad idea! As a result, a bi-partisan group of governors withdrew their initial agreement to bind their states to comply with CAFTA's procurement rules. Many other governors simply avoided binding their states to CAFTA's procurement rules in the first place. Common state economic development and environmental policies are prohibited by trade agreement procurement rules include:
