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Mike Rounds on Free Trade

Republican SD Governor

 


Bound under state commitment to CAFTA.

Rounds is profiled in ALIPAC report on Governors

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 For states that have rescinded their commitment, we infer that the incumbent governor strongly opposes CAFTA (because the state made a commitment and then un-made it).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:

Source: Americans for Legal Immigration PAC report 14_Lt_FT on Aug 7, 2005

Voted YES to kill reauthorization of Ex-Im Bank.

Rounds voted YEA Export-Import Bank Reform and Reauthorization Act

Heritage Action summary of vote# S206: The Senate voted to table (kill) an amendment by Sen. Kirk to reauthorize the Export-Import Bank. Sen. Kirk recommends voting NO. Heritage Foundation recommends voting YES because the `Ex-Im Bank is little more than a $140 billion slush fund for corporate welfare.`

OnTheIssues explanation: Voting NO would allow a vote on reauthorization of the Ex-Im Bank. Voting YES would kill the bill for reauthorizing the Ex-Im Bank.

Sierra Club reason for conditionally voting NO (from previous bill S.819):Sen. Shaheen`s bill S.824 reauthorizes the Ex-Im Bank without undermining Obama`s Climate Action Plan. The Sierra Club supports the bill because it makes both financial and environmental sense for the US and all of its taxpayer-backed financial institutions--including Ex-Im--to stop investing in dirty and dangerous fossil fuels like coal.

Cato Institute reason for voting YES to kill the bill:The Ex-Im Bank`s reauthorization buffs contend that Ex-Im fills a void left by private sector lenders unwilling to provide financing for certain transactions. Ex-Im`s critics [say that] by effectively superseding risk-based decision-making with the choices of a handful of bureaucrats pursuing political objectives, Ex-Im risks taxpayer dollars. It turns out that for nearly every Ex-Im financing authorization that might advance the fortunes of a single US company, there is at least one US industry whose firms are put at a competitive disadvantage. These are the unseen consequences of Ex-Im`s mission.

Source: Congressional vote 15-S0995 on Oct 19, 2015

Implement USMCA for improved North American trade.

Rounds 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

Reauthorize the federal Trade Adjustment Assistance program.

Rounds signed reauthorizing the federal Trade Adjustment Assistance program

The nation`s governors urge Congress to move forward to reauthorize and modernize the federal Trade Adjustment Assistance (TAA) program before it expires on September 30, 2007. Governors recognize that although expanded trade and innovation can have widespread benefits, they can also have a disproportionately heavy impact on certain communities and workers. While the creation of new jobs is underway in many parts of the country, not every U.S. worker that may have lost his or her job due to trade will be able to find employment comparable to their prior position, notably because many hold training and skills for jobs that no longer exist. Governors, therefore, support proposals to improve the TAA program as a means to address this problem, and especially proposals that are designed to give workers more control and flexibility over their TAA training and to streamline the program`s bureaucracy.

The economic strength and competitiveness of the nation will only be as strong as the combined economic strength and competitiveness of the states, and the firms and workers within them. Because today`s jobs require more and more workers to have advanced training and education, Governors firmly support efforts that seek to ensure that their citizens will have the skills they need to compete in today`s changing economy and that give states the tools they need to provide those opportunities.

We look forward to working with Congress as it proceeds towards reauthorization of the TAA program, as it is an important component of the nation`s strategy to advance a comprehensive, integrated, and flexible workforce system. If passing such a reauthorization becomes impossible prior to the program`s expiration in September, we ask that any temporary program extension include clear `hold harmless` language that ensures that the states will be fully reimbursed by the federal government for any benefit payments or other TAA costs they may incur during any extension period.

Source: Letter from 4 governors to House & Senate leadership NGA-0709FT on Sep 7, 2007

Other candidates on Free Trade: Mike Rounds on other issues:
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