Walter B. Jones: “recently Congressman Dale Kildee and myself have introduced H.R. 4808. We both are very concerned about the jobs that…”

“recently Congressman Dale Kildee and myself have introduced H.R. 4808. We both are very concerned about the jobs that continue to go overseas, ``outsourcing'' some people call it. And with this bill what we are speaking to is the tariff situation that will exist between China and America. In 2008, the Chinese will be selling in America Chinese cars that are made in China. These cars obviously will be made by people who make in many cases less than $1 an hour, $1.25 an hour, no benefits, but yet they will be selling these cars in this country. What Mr. Kildee and I have done, along with other Members in both parties, is to say, we want to see fairness in this arrangement. If we try to sell an American car in China today, tonight, tomorrow we would pay 28 percent tariff. When the Chinese sell their cars in this country in the year 2008, they will pay 2.5 percent. What this bill does is simple. It says fairness, fair trade. What is good for the Chinese economy should be good for the American economy. What is good for the American economy, let it be good for the Chinese economy. But for this country, we have lost so many manufacturing jobs in my own State of North Carolina. Since NAFTA was enacted, we have lost over 200,000 manufacturing jobs. Just the past 4 years, between 2001 and 2005, we have lost 2.9 million manufacturing jobs in this country. This Nation cannot and will not remain strong if we do not have a manufacturing base. So this bill that Mr.…”