Political Quotes

On the recordFebruary 13, 2012
One more point I wish to make. We must remain vigilant in enforcement of our trade laws. Our progress in autos is at risk of being undercut if we allow China to continue to cheat on trade rules, flaunt its predatory auto trade practices in our faces. Only 10 years ago, our trade deficit in auto parts with China was only about $1 billion. That has grown 800 percent to about $9 billion to $10 billion. That means more than 1.6 million American jobs are at risk. Our trade deficit with China is continuing to cause difficulty for middle-class Americans. China has begun placing tariffs on American-made automobiles. These massive illegal subsidies are worsened by indirect predatory subsidies such as currency manipulation. That is why I am encouraged by the President's announcement of a new trade enforcement panel. It is borne of the realization that the stakes are too high for our workers and our economy if we don't fight back. We need an all-hands-on-deck approach among the USTR, the State Department, and the Commerce Department to be involved, to be more aggressive, especially by initiating more trade cases. I know from representing Ohio in the Senate since 2007 what trade enforcement laws do.…
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Sherrod Brown
Democratic · Ohio

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