Trade

As a member of the House Trade Working Group, I believe that trade can be a valuable tool to bolster our economy and strengthen our ties with foreign allies.  However, we must utilize a trade model that benefits American workers.  I strongly opposed the recently-approved Free Trade Agreements (FTAs) with Colombia, Panama, and South Korea because they continue to rely on the NAFTA trade model that has proven disastrous for American workers.

We need a new trade model, one that benefits U.S. businesses and workers, protects the environment and global human rights, prevents the exploitation of foreign labor, and does not undermine the U.S. regulatory framework.  I have serious concerns about proposed text for the new Trans-Pacific Partnership (TPP) Agreement, and I am working with the Administration to promote an open negotiation process.  This is a critical opportunity to put forward a new model of trade agreement, and I strongly believe that all stakeholders must have the opportunity to participate in the discussion.

We also need to address China’s currency misalignment – it is unfair and it harms American manufacturers and the U.S. economy. China's policy of undervaluing its currency by 30% or more makes Chinese-produced goods cheaper and foreign-manufactured products more expensive, acting as both a subsidy and a tariff. This illegal policy gives Chinese manufacturers an unfair advantage and contributes to the U.S.-China trade deficit.  I am an original cosponsor and strong supporter of legislation to address illegal currency manipulation.

One of my trade priorities is to make sure that intellectual property protections for pharmaceutical companies don’t trump affordable access to life-saving medicines.  We should not protect drug company profits if it means pricing life-saving medications out of reach of millions of children and adults, especially in developing nations.  Countries must have the ability to protect the lives, health and well-being of their people through mechanisms designed to provide sustainable access to low priced, high quality essential medicines.  I fought successfully during the Clinton Administration to win changes in trade policies to give countries those rights, and I will continue to do so.

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    district 9th District of Illinois  
    academyUSCitizenDate July 1, 2017  
    academyAgeDate July 1, 2017  
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