Thomas Ewing said "The GATT Pact provisions set a new and unnecessary standard for industrial policy which is troubling to many Members. The GATT Pact, as approved by the Clinton administration, will increase Government subsidies by the European Common Market and by Pacific rim countries to the detriment of our own U.S. Government. We must either match these subsidies, putting pressure on our budget, already terribly over-pressured, or we must duck the issue and make American industries less than competitive because of these subsidies with their overseas firms. Ladies and gentlemen, we fought hard to take subsidies out of the GATT negotiations as far as agriculture. It appears to me it is very unwise that the Clinton administration has given in on this issue. I say to President Clinton, 44 Senators are right. Back off or risk losing support for the ratification of GATT." @ PoliticalQuotes.com

On the recordFebruary 1, 1994

The GATT Pact provisions set a new and unnecessary standard for industrial policy which is troubling to many Members. The GATT Pact, as approved by the Clinton administration, will increase Government subsidies by the European Common Market and by Pacific rim countries to the detriment of our own U.S. Government. We must either match these subsidies, putting pressure on our budget, already terribly over-pressured, or we must duck the issue and make American industries less than competitive because of these subsidies with their overseas firms. Ladies and gentlemen, we fought hard to take subsidies out of the GATT negotiations as far as agriculture. It appears to me it is very unwise that the Clinton administration has given in on this issue. I say to President Clinton, 44 Senators are right. Back off or risk losing support for the ratification of GATT.

Said by

Thomas Ewing

Republican · Illinois

Source

govinfo.gov

Editor's note · Context

Ewing is addressing concerns about the GATT Pact and its implications for U.S. industrial policy and subsidies.

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