in today's increasingly global world, we have two choices: We can lead, or we can follow. Historically, the United States has led the race for global competitiveness, and free and fair trade has been a significant factor in our economic growth. However, as we stand by and watch other nations learn from and then surpass our example, we are quickly falling behind and jeopardizing our economic prosperity. While America sits on the sidelines of international trade negotiations, the European Union has completed 27 free trade agreements and is negotiating another 15. While America has watched, Mexico has completed trade agreements with 25 countries. While President Bush has been without Trade Promotion Authority, other countries have assumed the lead in setting international standards and practices. In fact, there are more than 130 preferential trade agreements globally, and the United States is party to only two. Mr. Speaker, it is time for Congress to squelch this new American timidity with regard to trade. We must return to our tradition of leadership, and not endless pursuit of protectionism. We must work to open markets, eliminate tariffs and barriers, and ensure that our Nation remains at the forefront of economic success. We must pass Trade Promotion Authority.
JOHN LINDER: “in today's increasingly global world, we have two choices: We can lead, or we can follow. Historically, the United…”
Editor's note · Context
Addressing the need for the U.S. to take a leadership role in global trade agreements.
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