Not Everyone Agrees With Senate Pushes TPA As Vital For US Economic, Strategic, Security Interests In Asia
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| Donald Trump has joined with Americans for Limited Government in opposing the Trade Promotion Authority & Trans-Pacific Partnership (Info and video below) |
The House is not in Session.
The Senate reconvened at 9:30 AM today and resumed consideration of H.R. 1191, the vehicle for the Iran Nuclear Agreement Review Act of 2015.
At 2 PM, the Senate will vote on cloture on the Corker substitute amendment (the Iran Nuclear Agreement Review Act of 2015) to H.R. 1191. The Senate will then vote on final passage of H.R. 1191.
This morning, Senate Majority Leader Mitch McConnell continued making the case for the Trans-Pacific Partnership free trade agreement and the Trade Promotion Authority legislation that’s vital to concluding that agreement.
He said, “We are a Pacific nation. We have important allies in the region, nations like Japan, Australia, South Korea, and New Zealand that are today just as much a part of a modern, democratic, and market-oriented West as we are.
“The 21st Century also promises to be an Asian-Pacific century. If we care about preserving and extending American leadership globally, then we cannot cede the most dynamic region in the world to China. One way to preserve our leadership would be to invest in the weapons systems and platforms that would fulfill the Obama administration's would be ‘pivot' to Asia.
“Another important way would be to demonstrate our economic leadership. That’s one more reason why passing the Bipartisan Congressional Trade Priorities and Accountability Act is so important.
“The United States is currently negotiating an agreement with a whole host of Pacific nations — not just Japan and Australia, but also countries like Canada and Chile — that would cement and enhance our role in the world’s fastest-growing region. The . . . Trans-Pacific Partnership would lower unfair trade barriers to American-made goods and American produce sold in the Pacific. That would represent a huge win for American workers and American farmers, to say nothing of the far-reaching geopolitical implications for our country.
“But our trade negotiators cannot bring this Pacific agreement back to Congress for careful review and deliberation unless Congress assures our trading partners that the agreement they is going to get a fair up or down vote. That’s just what the Bipartisan Congressional Trade Priorities and Accountability Act would do. This bipartisan bill would also force America’s trade negotiators to meet congressional objectives and consult with Congress regularly throughout the process, and it would ensure that an agreement like the Trans-Pacific Partnership could not be enacted without explicit congressional approval.”
But there’s a critical security dimension to these trade negotiations, too. Leader McConnell explained, “China wants to diminish American influence in the Pacific. And China wants to substitute American-style rules of global economic fair play for Chinese-style rules of monopolistic cartels and mercantilism. That’s not an outcome any American should be willing to accept. . . . The other countries in the region have made clear that they will have regional trade agreements with or without us. And if we walk away, China will step in. There’s no question of that.”
The ARRA News Service published today the Senate Republicans Communication Center summary of press reports and leaders supporting Trade Promotion Authority.
Not everyone is buying into to the need for Trade Promotion Authority, Money Mogul Donald Trump has joined with Americans for Limited Government in an effort to oppose the Trade Promotion Authority & Trans-Pacific Partnership deal.
Donald J. Trump said, “Yet again, the politicians are allowing our president to reinforce the lack of respect countries like China and Japan now have for the United States. They will devalue their currency, exploit our trade agreements, continue to destroy our economy and put Americans out of work. Politicians are all talk and no action. Instead of fast tracking TPP, Congress should pass legislation that holds China and Japan accountable for currency manipulation. This would send a message to the world that there are consequences for cheating the United States. It’s time for action. It’s time to Make America Great Again!”
Trump’s opposition to TPP is consistent with his long criticism of trade practices that negatively impact the American worker and manufacturing sector. He has been a consistent and vocal critic of TPP and TPA tweeting his opposition for the last year. Trump’s opposition to TPP is based on his extensive knowledge of currency manipulation and trade agreements that he has accumulated through The Trump Organization’s international dealings. He also criticized leaders for continuing to allow such antics, stating his disapproval of the TPA fast track legislation, which Trump says is designed to allow the president to enter such an agreement without the support of a supermajority in the Senate.
Update: 2:30 PM: Americans for Limited Government President Rick Manning today issued the following statement praising presidential candidate Carly Fiorina for stating she is "uncomfortable with this deal and giving him trade authority" to Obama to negotiate the Trans-Pacific Partnership trade deal on the Laura Ingraham Show:
"More broadly, moving the discussion out of the beltway and into the heartland makes it increasingly unlikely that fast track will be granted on a secret trade deal that everything we know about it screams vote no. Giving President Obama this enormous grant of power now requires a great deal of faith and trust that the final treaty will be in America's interests. When the details of the treaty become public, those who now vote to fast track it better be darned certain that they are not embarrassed by what it contains, including its characterization as a living agreement."
Tags: TPA, Trade Promotion Authority, U.S. Senate, Iran Nuclear Agreement Review Act of 2015, Americans for Limited government, Donald Trump To share or post to your site, click on "Post Link". Please mention / link to the ARRA News Service. and "Like" Facebook Page - Thanks!
Posted by Bill Smith at 1:25 PM - Post Link
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