Louise Slaughter: “even as we talk on the floor, the Chinese are planning not to comply with any of this. They say already that they have a…”

“even as we talk on the floor, the Chinese are planning not to comply with any of this. They say already that they have a cautious, go-slow approach, otherwise they will risk widespread unrest that could undermine their rule. They are not going to comply with WTO's 5-year rule. They say they will do everything they can to shelter their industries, and that is no surprise to us. Yesterday, on the floor, a colleague told me about a General Motors plant closing down in his district in Flint, and the last act that those workers had to do was to undo that piece of machinery and crate it up to be shipped over to its new homes and its new workers; and then General Motors had the effrontery to classify that as an export. Do we want to see that happen to all the jobs in this country? We want to trade with China, and we will trade with China. But would it not be wonderful if, for one chance in our life, that this would be absolutely fair trade? We are not going to be selling any goods over there. Everything is going to be manufactured there, as other colleagues have said before, and brought right back here at one-twentieth of the cost manufactured here, but it will be sold here at the maximum they could get.”