Marcy Kaptur: “I would like to follow on Mr. Hare's remarks this evening and also oppose the pending Peru Free Trade Agreement, which…”

“I would like to follow on Mr. Hare's remarks this evening and also oppose the pending Peru Free Trade Agreement, which we think is scheduled to come up on this floor in early October. My question really is: With the United States trade deficit galloping out of control, this year it is likely to hit a trillion dollars in the red, as we continue to outsource jobs across this country. Recently, Ford Mazda in Monroe, Michigan, just north of our district, announced another 2,000 to 3,000 jobs gone. Those are not counting all the supplier jobs outsourced. So why would we be considering another NAFTA-like trade agreement here in this Congress? The trade deficit with Mexico after NAFTA's passage has gotten worse every single year, going deeper and deeper and deeper into debt, more of our jobs outsourced to that country. We are already in deficit with Peru. In fact, every year it has been getting worse and worse and worse with that nation. So we are even in worse shape with Peru than we were with NAFTA when that was signed. Why would we want more of the same based on that trade model?”