Strengthen and Enforce International Trade Agreements


Everyday more and more Manufacturing and Service jobs are moving overseas and less quality jobs are replacing them. I\’m all for free trade but, lets make it at least fair.

Here are some important points that Obama has spoke about and will strengthen fair trade…

  • Be a Tough Negotiator for Smart Trade Agreements: The process of globalization is bringing millions of people into the global economy, increasing the efficiency of resource allocation through stronger capital markets, raising productivity by putting new technologies to work, and exploiting efficiencies of integrated supply networks. But globalization also leaves some Americans behind as patterns of production change, jobs relocate, and wage pressures intensify. Barack Obama supports trade agreements that lower prices for American consumers while also opening up fair and competitive markets for the sale of American-made goods and services abroad. Obama will ensure that trade agreements include strong labor and environmental protections and that all Americans share the rewards of globalization. As president, he will lead a proactive strategy to make sure that those who lose their jobs to globalization have the tools and resources to find other work and share in the benefits of the global marketplace.
  • Promote American Businesses Abroad: Trade can create wealth and drive innovation through competition. Barack Obama supports a trade policy that ensures our goods and services are treated fairly in foreign markets. At the same time, trade policy must stay consistent with our commitment to promote improved labor and environmental practices. In its first six years, the Bush Administration has filed only 16 cases to enforce its rights under WTO agreements. This compares to 68 cases filed during the first six years of the Clinton Administration. President Bush has failed to address the fact that China has engaged in ongoing currency manipulation that undercuts US exports; that China fails to enforce US copyrights and trademarks and that some of our competitors create regulatory and tax barriers to the delivery and sale of technology goods and services abroad. Barack Obama will fight for fair treatment of our companies abroad.
  • Protect American Intellectual Property Abroad: The Motion Picture Association of America estimates that in 2005, more than nine of every 10 DVDs sold in China were illegal copies. The U.S. Trade Representative said 80 percent of all counterfeit products seized at U.S. borders still come from China. Barack Obama will work to ensure intellectual property is protected in foreign markets, and promote greater cooperation on international standards that allow our technologies to compete everywhere.
  • Improve Transition Assistance: To help all workers adapt to a rapidly changing economy, Barack Obama would update the existing system of trade adjustment assistance by extending it to service industries, creating flexible education accounts that workers could use to retrain, and providing retraining assistance for workers in sectors of the economy vulnerable to dislocation before they lose their jobs.

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