On the recordJune 15, 2021
reserving the right to object, first, this resolution--and I am just going to make a few key points here--is on the trade agreement with the UK, and it is a question of international trade, which falls under the jurisdiction of the Finance Committee. The committee has not been consulted on the resolution so Senators have not had adequate time to consider it. Needless to say, the prospect of reshaping the American economy with sweeping trade deals is not something that should just rocket past the committee of jurisdiction. Second, I have serious concerns about blessing a potential trade agreement with the United Kingdom when the contents of such an agreement are still unknown. I stated a number of times that there are serious issues that need consideration with respect to our economic relationship with the United Kingdom. That cannot happen if the debates play out in a slapdash process on the floor of the Senate. For example, the United Kingdom has not only proposed but implemented a discriminatory digital service tax since entering negotiations with the United States. What they are doing is opportunistically looting American technology companies before these measures are shut down by an FTA or another agreement. The UK is also considering other discriminatory policies.…





