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Bush Calls on Congress to Pass Free Trade Agreements
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ShareOctober 13, 2007 10:57 AM
ABC News' James Berger reports: In his weekly radio address, President Bush called on Congress to pass three more free trade agreements.
In the last six years, the Bush administration has signed 11 free trade agreements, including seven new agreements in Latin America. Bush is seeking new agreements with Peru, Colombia, and Panama.
The president made the case for free trade by saying, "More exports support better and higher-paying jobs -- and to keep our economy expanding, we need to keep expanding trade."
Bush said these three agreements would lower agricultural and industrial tariffs on American businesses, while at the same time provide 75 million new consumers for American goods.
Bush acknowledged that many Americans are uneasy with the new competition free trade agreements bring, but said that "the federal government is providing substantial funding for trade adjustment assistance that helps Americans make the transition from one job to the next."
The administration plans to also work toward a possible agreement with South Korea. "This agreement would strengthen our relationship with a democratic partner in a critical part of the world," Bush said.
October 13, 2007 | Permalink | User Comments (5)
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Impeach the so an so. Its not free trade, China is dumping their junk on us and we don't have enough inspectors to stop it. Its time to impeach Bush, the Me 'resident.
Posted by: Ed Calkin | Oct 13, 2007 2:57:38 PM
What tiny language is hidden in these agreements, a thousand pages of selling America down the river? These "Free" trade agreements have been a disaster for the American worker. Myself, I'm not willing to live in a hut with a dirt floor and no indoor toliet. Which is where King George wants to put the American Middle Class.
Posted by: Sandra Lea | Oct 13, 2007 3:14:04 PM
Free trade is important to our economic growth. Economic growth expands the work force. Bush is right about supporting free trade. We need to support education and training to help workers compete with the new demands of a global economy.
Posted by: Vance Wilson | Oct 14, 2007 4:11:50 AM
"Free Trade" was good enough for Bill Clinton, whom most Democrats still gush over.
Congress needs to approve free trade authority with Colombia, Panama, and Peru right now. The United States is today virtually open to products from these nations through unilateral trade preference programs, but those economies do not give reciprocal benefits to the United States. Far from being 'job killing,' these trade agreements would open markets wider to U.S. goods and services and therefore support jobs in the United States. In addition, trade expansion would help foster Latin American growth, bolster democracy, maintain strategic cooperation, and preserve U.S. regional influence in the face of a challenge from Venezuela's Hugo Chávez. Such an agreement would especially help strengthen Colombian President Alvaro Uribe in his battle against drug lords and Chavista funded terrorists.
Did this statement come from some right wing think tank like the Heritage Foundation?? NO, it was signed by former Clintons Bruce Babbitt, Sandy Berger, Henry Cisneros, Richard Feinberg, Dan Glickman, Leon Panetta, Donna Shalala, and Ira Shapiro.
Posted by: carl | Oct 15, 2007 2:50:32 PM
Fine if free trade could result into equal trade and not the one sided deal. Like the one we have with china.And tell the 60 yr old lady that worked at the factory for 40yrs.That now since she lost her job to china,she can now be trained to be a computer scienctest.
Posted by: morris evans | Oct 15, 2007 6:32:46 PM
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