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Brian Jones: I would like to insert into the Record two letters opposing the Korean free trade agreement, one from the American…

On the recordOctober 12, 2011
I would like to insert into the Record two letters opposing the Korean free trade agreement, one from the American Manufacturing Trade Action Coalition and another from the United States Industrial Fabrics Institute. American Manufacturing Trade Action Coalition, October 7, 2011. AMTAC Urges ``No'' Vote on KORUS Dear Member of Congress: The American Manufacturing Trade Action Coalition (AMTAC) urges you to vote NO on the U.S.- South Korea Free Trade Agreement (KORUS). The agreement was submitted to Congress on October 3, and a vote is expected in both the House and Senate on Wednesday, October 12. AMTAC strongly opposes KORUS for three main reasons: the agreement is flawed in concept; the terms of the agreement are unfavorable to key industries such as textiles; and, the textile and apparel provisions in the agreement are unlikely to be adequately enforced. These problems are why as many as an estimated 40,000 U.S. jobs are expected to be lost in the first seven years after implementation just as a result of textile concerns with the agreement. If Congress is serious about creating jobs, passing trade- law enforcement measures like the stalled anti-currency manipulation legislation, strengthening our ``buy American'' laws, and eliminating trade distortions caused by foreign border-adjusted taxes should be targeted instead. (1) KORUS Is a Continuation of a Job-Destroying U.S.…
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Brian Jones
Republican · California
Source
govinfo.gov
Oct 12, 2011

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