U.S. Senator Russ Feingold
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Office of Senator Russ Feingold | 202/224-5323

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One of my top priorities in the U.S. Senate is protecting American jobs. Wisconsin and the entire country have been hit hard by the loss of manufacturing jobs. A great deal of this manufacturing job loss stems from recent trade policies that have led to significant relocation of jobs out of the country. I am working hard to keep jobs here in the U.S. by improving our country's trade policy.

Opposing Unfair Trade Agreements

I opposed the North American Free Trade Agreement, known as NAFTA, the General Agreement on Tariffs and Trade, known as GATT, and Most Favored Nation Status for China, which is now referred to as Permanent Normal Trade Relations. I voted against these agreements in part because I was concerned that the lack of adequate trade standards in the agreements would result in many American jobs, particularly manufacturing jobs, being shipped overseas.

But I did not imagine that the rate at which jobs have moved abroad would have gotten so bad in so short a time. There are, no doubt, a number of reasons for this sudden loss of manufacturing jobs, but at the absolute center has been our appalling trade policy. The trade agreements into which we have entered have failed to protect our businesses and workers against unfair competition from overseas competitors.

Ensuring Minimum Trade Standards

The trade policy of this country has turned a blind eye to the impact of these trade agreements for too long. The race to the bottom which has been spurred by our trade policy is a race where even the winner loses. Our trade policy should be encouraging increased standards of living here and around the world.

That is why, in the 108th Congress, I introduced S. Con. Res 69, a companion to a resolution introduced in the House of Representatives by Rep. Sherrod Brown (D-OH) which establishes some minimum standards for the trade resolutions into which our country enters. This resolution would ensure that trade agreements contain enforceable worker and environmental protections, that foreign investors are not granted greater rights than U.S. investors, that these agreements do not undermine our domestic food safety standards, and that the ability of federal, state, and local governments to regulate private sector services in the public interest is preserved. We need to pursue trade policies that are sustainable, not just for American firms and American workers, but also for our trading partners.

Opposing Fast-Track Trade Authority

I continue to oppose so-called fast track trade authority, which prohibits Congress from offering amendments when it considers bills implementing new trade agreements, and which limits the time for debate. Unfortunately, fast track trade authority passed the Senate in May of 2002. In July 2002, Congress agreed to the Andean Trade Preference Act, which included provisions granting the President this fast track authority. I voted against this bill, but it was signed into law by President Bush on August 6, 2002.

Fast track is not only unnecessary, it actually helps produce bad trade agreements. Fast track encourages the kind of "winners and losers" trade agreements under which some industries do well, while others are effectively written off, including many in Wisconsin. The legacy of fast track can be seen across our state. Communities all over Wisconsin have seen thousands of jobs lost as a result of NAFTA and GATT, two trade agreements implemented under fast-track procedures. There is no better insurance policy for a fair trade agreement than the prospect of full public input, and a thorough congressional review complete with the ability to amend the agreement.

Buy American Act
Improving Trade Agreements
Keeping Companies in the U.S.
Protecting American Workers

Supporting Wisconsin Jobs Main

   

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