U.S.
Senator Sherrod Brown...
Trade Matters
for Ohio Workers
October 26, 2011
The
United States Senate last week
acknowledged what too many Ohio workers and manufacturers already know:
that we
are in a trade war. We took steps to fight back by passing the biggest
bipartisan jobs bill this session of Congress: my bipartisan bill to
combat
Chinese currency manipulation.
The
Commerce Department released new
trade deficit numbers showing that the U.S. trade deficit with China
had
widened to $27 billion. And recently, a report from the Economic Policy
Institute (EPI) showed that in the last ten years, we’ve lost 2.8
million jobs
to China due to the trade deficit—including 1.9 million manufacturing
jobs and
more than 100,000 Ohio jobs.
But
in a classic case of one step
forward, three steps back, Congress hastily passed three separate free
trade
agreements – with Korea, Panama, and Colombia.
President
Obama submitted three free
trade agreements – conceived in the same style as NAFTA and CAFTA – and
demanded immediate action. Rather than allow enough time for careful
review,
Congress rushed through these irreversible agreements that reward
lobbyists for
major corporations and ignore the workers who have helped build our
country.
We’ve
been down this road before.
The
pro-trade agreement crowd is
right. Workers do benefit from U.S. trade agreements – they just tend
to live
in other countries. These new, NAFTA-style trade agreements will
increase the
export of one thing we cannot afford to lose: good-paying American jobs.
Like
most Americans, I’m for trade.
Like most Americans, I want more of it. And like most Americans, I have
a
problem with some rules that govern our trade policy because they favor
corporate or investor interests above workers’ interests – and even our
national interests. We cannot afford to continue this trend of putting
corporations before citizens.
That’s
why I opposed the permanent
trade agreements with South Korea, Colombia, and Panama.
Previous
Presidents have championed
free trade agreements that have meant big losses for Ohio workers. They
promised 200,000 immediate U.S. jobs from the North American Free Trade
Agreement (NAFTA); but some economists estimate that more than 600,000
U.S.
jobs have been lost to Mexico since NAFTA was approved. Although the
Obama
Administration is making more modest predictions on job gains,
additional trade
agreements drafted from a textbook that is twenty years out-of-print is
not a
solution to the problems we currently face.
A
senior citizen recently told me that
she “want[s] to buy American-made goods, but everything on the shelves
is made
in China.”
That’s
because our trade policies
don’t favor American workers and manufacturers. According to Policy
Matters
Ohio, more than 119,000 Ohioans have been eligible for trade adjustment
assistance – the unemployment service that helps workers who have lost
their
jobs as a result of foreign trade find new careers – since NAFTA was
approved.
Foreign trade with countries like China has transformed once vibrant
neighborhoods
into communities littered with vacant storefronts.
The
bipartisan bill I introduced, the
Currency Exchange Rate Oversight Reform Act of 2011, which passed in
the
Senate, is a good first step toward leveling the playing field for
American
workers. This jobs legislation will curtail China’s ability to compete
with an
unfair advantage in the world market.
Until
we address the inequity at the
root of our trade policy, trade agreements will continue to bare rotten
fruit.
We must cultivate fair trade policies.
To
that end, I am asking President
Obama to work with Congress to develop net domestic job creation
benchmarks in
our trade agreements and measure U.S. imports in markets with our trade
partners. We need swift action to open up more markets beyond those
with which
we share free trade agreements. As a member of the President’s Export
Council,
I have convened the Ohio Export Advisory Council, made up of leading
CEOs and
small businesses, to create a stronger trade agenda that opens more
markets.
With
ideas generated in these
roundtables, I introduced the Reciprocal Market Access Act. The Act
would help
the U.S. Trade Representative ensure trade agreements result in better
market
access for U.S. producers and products. Under this legislation, if
other
countries do not open their market to U.S. goods, then the U.S. cannot
reduce
or eliminate tariffs on similar products from those nations in any
trade
agreement. This legislation would help improve the terms of future
trade deals,
so American manufacturers can finally compete on a level playing field.
And it
doesn’t cost a cent.
Let’s
develop a modern trade policy that
connects Panamanians with Ohioans. I want truck drivers in South Korea
to rely
on tires made in Akron or business owners in Colombia to depend on
technology
developed in Columbus. We can do this by improving America’s trade
policy and
negotiating smart trade agreements to create new jobs right here at
home.
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