Voted NO on extending free trade to Andean nations.
HR3009 Fast Track Trade Authority bill: To extend the Andean Trade Preference Act, to grant additional trade benefits under that Act, and for other purposes. Vote to pass a bill that would enlarge duty-free status to particular products from Colombia, Bolivia, Peru, and Ecuador, renew the president's fast-track authority and reauthorize and increase a program to make accessible retraining and relocation assistance to U.S. workers hurt by trade agreements. It would also approve a five-year extension of Generalized System of Preferences and produce a refundable 70 percent tax credit for health insurance costs for displaced workers.
Voted YES on granting normal trade relations status to Vietnam.
Vote to grant annual normal trade relations status to Vietnam. The resolution would allow Vietnamese imports to receive the same tariffs as those of other U.S. trading partners.
Voted YES on removing common goods from national security export rules.
Vote to provide the president the authority to control the export of sensitive dual-use items for national security purposes. The bill would eliminate restrictions on the export of technology that is readily available in foreign markets.
Vote to expand trade with more than 70 countries in Africa, Central America and the Caribbean. The countries would be required to meet certain eligibility requirements in protecting freedoms of expression and associatio
Voted NO on renewing 'fast track' presidential trade authority.
Vote to proceed to the bill which establishes negotiating objectives for trade agreements, and renews 'fast track' trade authority for the President, which allows Congress to adopt or to reject a proposed trade agreement, but not to amend it.
Voted YES on imposing trade sanctions on Japan for closed market.
Resolution supporting sanctions on Japanese products if car parts markets don't open up; and seeking sharp reductions in the trade imbalances in car sales and parts through elimination of restrictive Japanese market-closing practices.
No MFN for China; condition trade on human rights.
Wellstone adopted the Progressive Caucus Position Paper:
The Progressive Caucus opposes awarding China permanent Most Favored Nation trading status at this time. We believe that it would be a serious setback for the protection and expansion of worker rights, human rights and religious rights. We also believe it will harm the US economy. We favor continuing to review on an annual basis China’s trading status, and we believe it is both legal and consistent with US WTO obligations to do so. The Progressive Caucus believes that trade relations with the US should be conditioned on the protection of worker rights, human rights and religious rights. If Congress gives China permanent MFN status, the US will lose the best leverage we have to influence China to enact those rights and protections. At the current time, the US buys about 40% of China’s exports, making it a consumer with a lot of potential clout. So long as the US annually continues to review China’s trade status, we have the ability to debate achievement
of basic worker and human rights and to condition access to the US market on the achievement of gains in worker and human rights, if necessary. But once China is given permanent MFN, it permanently receives unconditional access to the US market and we lose that leverage. China will be free to attract multinational capital on the promise of super low wages, unsafe workplace conditions and prison labor and permanent access to the US market.
Furthermore, giving China permanent MFN will be harmful to the US economy, since the record trade deficit with China (and attendant problems such as loss of US jobs, and lower average wages in the US) will worsen. For 1999, the trade deficit is likely to be nearly $70 billion. Once China is awarded permanent MFN and WTO membership, the trade deficit will worsen.
Source: CPC Position Paper: Trade With China 99-CPC1 on Nov 11, 1999
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