Jon Corzine on Free Trade
Democratic Jr Senator (NJ)
Q: Do you support the General Agreement on Tariffs and Trade (GATT)?
Q: Do you support continued U.S. membership in the World Trade Organization (WTO)?
Q: Do you support China becoming a member of the World Trade Organization?
Q: Do you support normal trade relations (most favored nation status) with Vietnam?
Q: Should a nation’s human rights record affect its normal trade relations (most favored nation status) with the United States?
Q: Do you support granting the President “fast-track” authority in trade negotiations?
Q: Do you support the trade embargo against Cuba?
But American companies that protect the environment, give their workers decent wages and health care, should not have to compete with unsafe or environmentally destructive industries where workers are paid a pittance by American standards.
For instance, I support the President’s ban on opening up our highways to Mexican trucking until safety standards are put in place.
The mission of the Cato Institute Center for Trade Policy Studies is to increase public understanding of the benefits of free trade and the costs of protectionism.
The Cato Trade Center focuses not only on U.S. protectionism, but also on trade barriers around the world. Cato scholars examine how the negotiation of multilateral, regional, and bilateral trade agreements can reduce trade barriers and provide institutional support for open markets. Not all trade agreements, however, lead to genuine liberalization. In this regard, Trade Center studies scrutinize whether purportedly market-opening accords actually seek to dictate marketplace results, or increase bureaucratic interference in the economy as a condition of market access.
Studies by Cato Trade Center scholars show that the United States is most effective in encouraging open markets abroad when it leads by example. The relative openness and consequent strength of the U.S. economy already lend powerful support to the worldwide trend toward embracing open markets. Consistent adherence by the United States to free trade principles would give this trend even greater momentum. Thus, Cato scholars have found that unilateral liberalization supports rather than undermines productive trade negotiations.
Scholars at the Cato Trade Center aim at nothing less than changing the terms of the trade policy debate: away from the current mercantilist preoccupation with trade balances, and toward a recognition that open markets are their own reward.
The following ratings are based on the votes the organization considered most important; the numbers reflect the percentage of time the representative voted the organization's preferred position.
OFFICIAL CONGRESSIONAL SUMMARY: To authorize the extension of nondiscriminatory treatment (normal trade relations treatment) to the products of Ukraine.
SPONSOR'S INTRODUCTORY REMARKS: Sen. McCAIN: The recent Orange Revolution in Ukraine marked a huge victory for the advancement of democracy in the world. The Ukrainian people made clear that they would not stand idle as a corrupt regime sought to deny them their democratic rights. Now that the people of Ukraine have seized control of their destiny, the US must stand ready to assist them as they do the hard work of consolidating democracy.
The purpose of the amendment is to terminate the Jackson-Vanik amendment, with respect to Ukraine. Beyond any benefits to our bilateral trading relationship, lifting Jackson-Vanik for Ukraine constitutes an important symbol of Ukraine's new democracy and its relationship with the US. Tomorrow, Ukrainian President Yushchenko will address a joint session of Congress, an honor which we bestow on few foreign leaders. As we have the privilege of welcoming this true hero of democracy, I can think of no better gesture than terminating the anachronistic & inappropriate Jackson-Vanik restrictions on Ukraine.
EXCERPTS OF AMENDMENT:
LEGISLATIVE OUTCOME:Considered by Senate on 4/6/2005; never came to a vote.
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