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tv   Capitol Hill Hearings  CSPAN  October 13, 2011 6:00am-7:00am EDT

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this is ju a tool in our economic arsenal and part of the tools we need for economic growth in this country. the speaker pro tempore: the ntleman from maine. mr.my -- mr. michaud: i yield two minutes to the gentleman from oregon, mr. defazio. the speaker: the gentleman is recognized for two minutes. mr. defazio: we talked about the redtion in tariff exports, that will be blown away if they manipulate their currency and korea is one of only three nations on earth identified as a currency manipulators by our own u.s. terror treasury. does this adeprement preclude currency manipulation? it does not. they remake their val added taxes to all their exports. build a car in korea, don't pay
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taxes in korea. build a car in the u.s., we cant rebate the taxes under thescurrent laws and when the u.s. car gets to the border of korea, they pay a 10% tax. we'll export autos to korea if they're 20% cheaper than those produced by cheaper labor in koa, not very likely. but let's sa we could. if you buy a u.s. car and you're a korean citizen, they'll audit your taxes. most employers do not allow owners offord automobiles, which are mostly luxury automobiles over there, there are very few foreign automobiles, to have parking spaces at work. and korea does not buy very many cars. they have a 65% mix, 65% of the cars they produce are exported. this is not about u.s. exports to korea. it's a platform for them to send us stuff here. that's cheaper and displace american jobs.
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even the u.s. international trade council, the wildest cheeeader in the world for these failed agreements said we'll have a bigger deficit in autos. these are the same people who said we'll have a huge trade surplus with mexico. oops, they were wrong. they can't even pretend we'll do well with this. $1 ppt 7 more auto exporters from korea to the u.s. and that's with the cheerleaders talking. imagine what the real numbers will be like. we're talking about 160,000 to 200,000 u.s. jobs, kiss the remained ore they have auto industry and auto parts good-bye with this agreement. the speaker pro tempore: the gentleman from michigan. mr. camp: i would note that this is endorsed by the big three automaks. i yield one minute to the gentlewoman from kansas, ms. jenkins. the speaker pro tempore: the gentlewoman is recognized. ms. jenkin: thank you, mr.
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chairman, for yielding and for your leadership on this issue. many americans believe congress can't agree on anything. if there's one thing washgton can agrea on, it's that we're in a jobs crisis and we should be doing everything in our power to create an environment that encourages the private sector to thrive and create jobs. if we are looking to make a dramatic and immediate impact on our job market, we need to look no further than he south korean trade agreement. ratifying this deal will secure at least 70,000 american jobs as we increase our exports by more than $10 billion, adding $12 billion to our g.d.p. this agreement also means job for kansans, our agriculture sector is looking at a multibillion dollar expansion and our processed foods, chemical and transportation industries that do well over $150 million of business with south korea each year are
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primed to expand further under this deal. and or focus is on jobs, jobs, jobs, let's have this south korea trade agreement and get americans back to work. the speaker pro tempore: the gentlewoman's time has expired. the gentleman from michigan, mr. levin. mr. levin: i now yield to another member of our committee, mr. crowley of new york, three minutes. the speaker pro tempore: the gentleman from new york is recognized for three minutes. mr. crowley: thank you, madam speaker. i rise in support of this agreement between the united states and korea. i especially want to thank my colleague, mr. levin of michigan, for his tireless efforts to improve the agreement along with chairman camp and congressman brady of texas in a bipartisan way. a lot of credit for the content of this agreement suld also go to president obama. the bush administration was wiing to submit an agreement
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that heavily favored korea, but the obama administration held out until we got better deal, a more fair deal, a more fair agreement. for a long time our roadways have been home to cars named hyundai. now because of this agreement, south korean roadways will see more american cars on them. it's only right that fords and chevies have the same access that hyundai have here in america and this agreement will not only break the barriers for american car manufacturers, american services and goods such as insurance, legal, finance, television and movies will now be available in south korea. korean services companies have always had the right to operate here, but this agreement is about making sure that american companies have the same ability to operate in south korea.
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that's good news for american businesses and good news for erican workers. for a state like mine that depends so much on the service industries, it's important that we're -- that we are able to export our products throughout the world. it's no secret that the number one reason to support this agreement, though, is because it tears down barriers for u.s. exporters and will create jobs right here in the united states. but the number two reason is just as important. i have often discussed with my korean american constituents back in queens and the bronx the importance of a strong south korea. this is as much about diplomacy. this is as much about our geopolitics. south korea is in an area of the worldes that dangerous and
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unpredictable. america needs strong allies in this reason and this agreement acknowledges south korea as a friend and stall wart ally of the american government and more importantly of the american people. since we stood shoulder to shoulder during theorean war against the advancement of communism to our joint efforts today to stop terrorism throughout the world, south korea has been a true ally of the united states. this agreement sends a message to countless other countries around the world. if you want to be treated like south korea, act like south korea. south korea, if i can have an additional 15 seconds. the speaker pro tempore: the gentleman is recognized. mr. crowley: south korea has a strong labor -- strong labor and environmental laws. south korea is committed to representative democcy, and south koreaecognizes that
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it's a two-way street that must benefits americans as well as south korea. i strongly urge passage of this agreement and i yield back the balance of my time. the speaker pro tempore: the gentleman's time has expired. the gentleman from maine. mr. michaud: thank you. i now yield two minutes to the gentlewoman from connecticut, ms. delauro. the speaker pro tempore: the gentlewoman from connecticut is recognized for two minutes. ms. delauro: i rise to voice my strong opposition to this trade agreement with south korea. like the two other nafta-style trade agreement before us, we know this deal will lead to the outsourcing of american jobs, potentially displacing 150,000 u.s. workers according to the economic policy institute. it will provide chinese businesses engage in the transshipment of goods through third countries and easy opportunity to take advantage of carrier freights that are intended for south korean
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goods. accoing to the korea customs service, the quantity of products illegally labeled, made in korea" doubled from 2008 to 2010. these trans-shipments come from southeast asia and other nations. they have a history of transshipping goods to the u.s. through other countries so they can avoid duties that are levied against them for illegal trading practices. korea's proximity and 16 ports, including the world's fifth largest makes them a usual target for chinese companies. investigations by u.s. customs in recent years have resulted in indictments and convictions for a variety of duty evasion schemes that hurt america including cases involving steel wired garment hang arse and
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honey. -- hangars and honey. -- hangers and honey. we can expect an increase of cheap chinese goods into our market, again to the detriment of u.s. workers, if they was this agreement. you know, millions of jobs have been lost or displaced because of our trade deficit with china, and chinese products from chicken to toys have posed serious public health concerns. what american families need right now is ceal job creation. we should be -- real job creation. we should be focusing on policies that puts jobs here at home that cannot be outsourced. and what we do nod need are short sided -- do not need are shortsighted trade deals. i urge my colleagues, stand up for struggling americans. i oppose this agreement. i ask unanimous consent to insert in the record a letter i received from the nationality association of machinists in
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connecticut. the speaker pro tempore: the gentlewoman's time has expired. the gentleman from michigan, mr. camp. mr. camp: i yield one minute to mr. tiberi of ohio. the speaker pro tempore: the gentleman is recognized for one minute. mr. tiberi: i want to see folks in south korea driving fords, chevys and chryslers, i want to see more products sold in -- to the rest of the world stamped made in america. i support the president's effort. our chairman's effort in crafting these three agreements before us today. in fact i asked ambassador kirk earlier this year in our fl committee, how many jobs did he think would be created? his estimate was 250,000 u.s. jobs that would be supported through these three agreements.
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in ohio, madam speaker, agriculture is still the number one industry. we believe, the trade ambassador agrees that we should see an increase in exports to south korea and the three other countries of 55 million per year. this is about jobs, madam speaker. this is about exports. this is about leveling the playing field. i urge my colleagues to support the agreement. the speaker pro tempore: the gentleman's time has expired. the gentleman from michigan, mr. levin. mr. levin: it's now my pleasure to yield a minute and a half to the gentleman from california, mr. costa. the eaker pro tempore: the gentleman from california is recognized for 1 1/2 minutes. mr. costa: thank you very much. madam speaker, i rise in support of the u.s.-korea free trade agreement as well as the panama and colombia agreements before us today. economic growth depends upon a number of factors, including growing access to foreign markets. these agreements do that. foreign goods enter our country under few restrictions, but around the world our products face product tariffs and other
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prohibitive barriers to trade. the current situation is neither free nor fair trade. this changes that. the barriers are against our products. this reduces and eliminates those barriers. the pending agreements will allow american products to better compete globally and support job creation at home. that's why i support these agreements. practices no industry stands to gain more than agriculture throughout america and especially in california, the number one agricultural state in the nation. passage of these agreements with south korea means that americans growing raisins,ess pair gas, pistachios and wine will grow. many other crops including citrus, will also benefit. recognizing the agreements potential to create over 70,000 american jobs. it's been endorsed by the united auto workers, the united food and commercialorkers. and many trade organizations.
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they will gain duty access to latin america's fastest growing economy. it will eliminate most barriers for trade for products entering central and south america, the third largest economy, and strengthens our ties with a key ally in that region. simply put, expanding access to emerging foreign markets will boost agriculture and help californians back to work. i ask for 15 seconds. mr. levin: 15 seconds. mr. costa simply passing these agreements are not enough. we must build on the accountability to ensure these trade agreements are enforced. we cannot afford to sit on the sidelines while other countries form their own pacts with emerging markets. it means more jobs here at home for america. i ask you to support these measures. the speaker pro tempore: the gentleman's time has expired. the gentleman from maine. mr. michaud: thank you, madam speaker. at this time i'd like to yield one minute to theentleman from ohio, mr. ryan. the speaker pro tempore: the
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gentleman from ohio is recognized for one minute. mr. ryan: i thank the gentleman. you know, these are the same promises that we heard during nafta and during the most favored nation trade atus debate with china and we heard a lot of statistics about job creation. weon't need statistics. come to ohio. go to toledo. go to pittsburgh. go to fayetteville, new york. -- north carolina. go to youngstn, ohio. all these promises were made before and it didn't pan out. it didn't work, and these trade issues are se shows. the number one issue facing this congress is whether or not we're going to deal with china and their currency manipulation. that bill came to the floor, this floor last year. we had 99 republicans vote for it. it passewith 350 votes. it just passed the senate. we need to bring that bill to the floor and take on the beast in the middle of the room and that's the chinese and drive investment back. when we put a tariff on oil
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country tubular goods in china, countervailing duties and anti-dumping, we have $2 billion of investment that now came into the united states in steel mills. we know what to do. we just need the courage to do it, and so all my friends here who are going to help these multinational corporations, they're going to get the money that they made and they're going to utilize the citizens united case and they're going to invest it in your campaigns to beat you. it's time we have the courage to take on the beast and do what's right. i yield back. the speaker pro tempore: the gentleman's time has expired. the gentleman from michigan, mr. camp. mr. camp: thank you, madam speaker. i yield two minutes to a distinguish member of the ways and means committee, the gentleman from washington state, mr. reichert. the speaker pro tempore: the gentleman from washington is recognized for two minutes. mr. reichert: thank you, madam speaker, and thank you, chaian, for yielding. well, the beast in the room is jobs. and that's what these bills are about, jobs. u know, we need to pass these
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trade agreements just like president obama said, pass these trade agreements now. pass these jobs bills now. that's what these are, jobs bills. korea alone, 70,000-plus jobs. and how does that work? well, 95% of the tariffs that we pay currently to korea disappear. they're eliminated almost immediately. what happens then? guess what, our prices go down. more demand for our goods. more demand for our goods. what does that mean? produce more product. when you produce more products, what happens? this is economy 101. you have to hire me workers. more workers to make more products. guess what, the unemployment rate goes down. that's what we need to do today. we need to come together and we know this is a bipartisan effort. we know that people have come together on both the democratic side and republican side. we know that the white house has supported these trade agreements.
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what happens if we don't pass these bills? we lose. the european union has already made their agreement with korea. it went into effect on july 1. their exports to korea have already increased by 17%. we are losing market share. 95% of our market is outside of this country. we need to sell american. we need to pass these trade agreements now. we need to pass these jobs bills now. i yield back. the speaker pro tempore: the gentleman yields back. the gentleman from michigan, mr. levin. . mr. levin: i reserve the balance of my time. the speaker: the gentleman from maine. mr. michaud: i would like to yield one and a half minutes to the gentlewoman from illinois, ms. schakowsky. the speaker pro tempore: the gentlewoman is recognized for one and a half minutes. ms. schakowsky: i thank you, madam speaker, and i would like
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to thank my colleague, congressman michaud for his tireless work to promote responsible trade policy. i rise in strong opposition to the u.s.-south korea free trade agreement. nearly 14 million americans remape out of work and instead of considering a job creation bill, we are voting today on a trade bill that the economic policy institute estimates will cause the los of an additional 159,000 u.s. jobs this trade deal will further devastate the american manufacturing sector, which has already lost six million jobs since 1998. 55,000 factories have closed since -- in the last decade. the three bush-negotiated trade deals under consideration today are an expansion of the nafta trade model, which has decimated cities and towns across america.
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agreements like the korea f.t.a. have accelerated the outsourcing and offshoring, sending american jobs and plants overseas. this trade agreement is a bad deal for american workers. trade can be a valuable tool to bolster the u.s. economy. but only if we utilize a trade model that promotes u.s. jobs. if we want to create jobs, we need to create jobs, not pass another trade agreement that will shift even more u.s. jobs abroad. thanyou, mr. speaker. --adam speaker. i yield back. the speaker pro tempore: the gentlewoman's time has expired the gentleman from michigan, mr. camp. mr. camp: i yield two minutes to the distinguished gentleman from indiana, mr. pence. the speaker pro tempore: the gentleman veck niced for two minutes. mr. pence: i ask unanimous consent to revise and extend my remarks. the speaker pro tempore: without objection. mr. pence: i thank the gentleman for yielding. madam speaker, this is a difficult time in the life of our nation.
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9.1% unmoiment nationally, millions of american families are hurting. the american people are looking to washington, d.c. more for solutions than for fights. and today, with the korea free trade agreement, with the colombia trade promotion agreement, the panama trade promotion agreement, washington, d.c., in a bipartisan way, is coming together with a solution that will help to crea ate jobs and get this economy moving again and i heartly sport it. -- heart tirly support it. -- heartityly support it. i commend my colleagues for working together to bring us to this important ment. i always believed that trade means jobs. i say with some pride that's especially true in the hoosier state. indiana is uniquely poised to take advantage of the fee trade
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opportunities provided in these agreements an i'm grateful for the chance to elaborate on that. i say in christian we do two things well, we make things and we grow things. the truth is, in indiana, we do a lot more than that. but in indiana what we grow and what we build is at the heart of the hoosier economy. expanding global marks for what we make and what we grow is going to create jobs in indiana. in the city and on the farm. american fm bureau estimates that implementing these three agreements will increase agricultural exports in indiana by nearly $55 million a year, creating 500 new agricultural related jobs. the korea agreement we debate at this moment will eliminate $1.3 billion in tariffs on u.s. exports and cover many things we're known for, feed corn,
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soybeans, eliminate those duties, and other duties will be phased out like pork. i rise in support of these agreements because i believe trade means jobs and america and indiana need jobs like never before. i urge my colleagues in both pears to join in this bipartisan measure and let's move this bill. the speaker pro tempore: the gentleman from michigan, mr. levin. mr. levin: i reserve. the speaker pro tempore: the gentlen from maine. many michaud: may i inquire how much time each side has? the speaker pro tempore: the gentleman from maine has 11 minutes remaining, the gentleman, mr. levin has seven minutes remaining, the jell, mr. camp, has six minutes remaining. mr. michaud: i yield two minutes to the gentleman from north carolina, mr. jones. the speaker pro tempore: the gentleman is recognized for two minutes. mr. jones: i thank the gentleman for the time. every time a president, democrat or republican, asks congress to approve a trade deal, ey give us these wildly
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optimistic projections of how many jobs these deals will create. sadly this adprgs -- this administration is no different. president obama suggested that the korea free trade agreement will create 70,000 new jobs. the record shows crust how wrong that claim is. in the 1990's, president clinton suggested thanafta would create over 200,000 jobs. here's the reality. since nafta passed in december, 1993, america has lost 5.15 million jobs. lost 5.15 million manufacturing jobs. 384,000 of these jobs were lost in my home state of rth carona. in 2005, president bush claimed that cafta was a pro-jobs bill that would stem the tide of u.s. manufacturing jobs losses but since cafta passed in
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september of 2005, america has lost 2.4 million manufacturing jobs. here we have roughly 9.1% unemployment in this country, due in no small part to the washington elite jamming these job destroying trade agreements down our throats. americans do not want free trade. a recentbc-"wall street journal" poll showed that 63 -- a recent nbc/"wall street journal" poll showed that 63% of americans believe free trade cost american jobs. 61% of tea party supporters believe that trade agreements have hurt this natio it's time we started listening to the will of the american people and doing what is in the best interest of the american people, not in the best interest of the foreign nationals who desperately want to take our jobs, madam speaker, i hope my colleagues on both sides of the aisle would show their true american colors and vote no, no, no on
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these three trade agreements. i yield back. the speaker pro tempore: the gentleman's time has expired. the gentleman from michigan, mr. camp. mr. camp: i yield two minutes to a distinguished member of the wames committee, the gentleman from illinois, mr. roskam. the speaker pro tempore: the gentleman is recognized for two minutes. mr. roskam: madam speaker, as the public is listening to this, i think they're collectively going, shew! finally there's something going on in congress, finally there's something going on with the other body, finally there's something going on with the white house that has common ground. that's this. no cost job creation. for my home state, the proof is in the pudding. this means it's going to help 145,000 illinois jobs now that are deathered within 650 companies that are dealing with
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exports. this deal helps them. 25% of all manufacturing jobs in my home state of illinois are related to exports. let's face it, 95% of the world's consumers, madam speaker, live outside of the united states, so you know what this trade deal does? this says game on. the u.s. can compete, give us a fair playing field and game on. we can compete. these were hardheaded, hard-nosed negotiations led by chairman camp and the white house and ranking member levin and others. these were tough deals that were put together that were not just weak handshakes. this was staring down opponents and finally coming to commom -- common ground and putting something together with a great deal of possibility. a great deal of promise in a country that is desperate, i mean absolutely desperate for solutions. and this is a remedy. this is a way for us to move
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forward. it's important from a stra teemic point of view. 'vgot one of our nation's best friends poised in asia, the 10th largest economy in the world a country that has moved from the devastation of the korean war, that has transcended all of that and is now a donor nation an we've got the opportunity to be in a unique and strategic relationship with them. this is our opportunity to move forward. i think we need to support these, all of these f.t.a.'s and i urge their passage. thank you, madam speaker. the speaker pro tempore: the gentleman's time has expired. does the gentlen from michigan, mr. levin, wish to continue reserving? mr. levin: i do. the speaker pro tempore: the gentleman from maine. mr. michaud: i would like to yield one and a half minutes to the gentlewoman from ohio who has fought harder and longer for fair trade than any member i've served with, ms. kaptur. the speaker pro tempore: the gentlewoman is recognized for one and a half minutes.
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ms. kaptur: i thank my dear colleague, mr. michaud, who has fought equally hard and i'm proud to stand here on behalf of the communities and workers an businesses of our country that want to compete on a level playing field. the problem with our trade policies is we export more jobs an products. the gentleman talks about possibility. i don't want possibility. i want results. and when you look at what's happened over the last quarter semplery, we don't have any balanced trade accounts. they'reall in the red. it snuffs out economic growth. didn't anybody here take math? look at the balance sheet. it's all negative. this is korea today. all negative. it's been negative. it's already negative. what difference does this deal make? it only says maybe, maybe korea will allow us to sell more than
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7,450 cars in their market, when they' selling half a million here already. isn't reciprocity, shouldn't that be at the heart of our trade deals? we've got a half trillion dollar trade deficit. how many times do you have to be hit over the head before you say, you know what, this isn't working. soybeans aren't enough. cranberries aren't enough. look at the outsourcing of america from coast to coast. our people's wages are going down. their standard of living is going down. their jobs have been outsourced, they're losing their homes, unemployment is stuck. g.d.p. isn't rising. is anybody here listening? is anybody paying attention? this is just another example of powerful washington elites being totally out of step with main street and the american people. i'm proud of the tea partiers who are out there organizing an i'm proud of the occupy wall street people because they're saying, you folks are out of step up here in washington. pay attention to what's
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happening on main street. i oppose this agreement with korea as well as colombia and panama and ask this congress to have some real common sense and move to trade balance rather than trade deficit. the speaker pro tempore: the jerusalem's time has expired. the gentleman from michigan, mr. camp. mr. camp: i yield one minute to the distinguished gentleman from texas, mr. canseco. the speaker pro tempore: the gentleman is reck nighed for one minute. mr. canseco: madam speaker, i rise in strongupport of the south korea free trade agrea, the most significant free trade agreament the united states has negotiated in more than 16 years. i thank the leadership of our chairman, mr. camp, mr. brady, and mr. dreier in this regard. the international trade commission's analysis shows that the south korean agreement will increase u.s. exports to south korea by at least $9.7 billion annually. the tariff cuts alone will add $10.1 billion to the u.s.
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economy annually and u.s. exports to south korea will increase by 30% more than imports from south korea. the mick active resulting from this agreament will mean thousands of new jobs here at home. the commerce department has stipted thaevery $1 billion in exports crees 6,000 new jobs and in particular the south korean agreement is especially beneficial for agriculture. in the 23rd district of texas, have the privilege to represent many agricultural produresers. this would be a huge win f american farmers an ranchers by ensuring that our competitors, who are also seeking trade agreements with korea, are not at an advantage. the speaker pro tempore: the gentleman's time has expired. the gentleman from -- does the gentleman yields additional time? the gentleman from michigan, mr. levin. mr. levin: could you give us each our remaining time.
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the speaker pro tempore: the gentleman from michigan, mr. levin, has eight minutes. the gentleman from michigan, mr. camp, has 2003 and a half minutes, and the gentleman from maine has 7 1/2 minutes. mr. camp has three and a half minutes. mr. levin: three and a half. so i'm going to close, what order should we use? mr. michaud, myself, then mr. camp? i think that's the appropriate order. mr. camp: i believe i have two more speakers, we're just trying to locate them. the speaker pro tempore: does the gentleman from maine have additional speakers. mr. michaud: i re-- mr. camp: i reserve. the spear pro tempore: the gentleman from michigan, mr. camp, reserves. who seeks recognition?
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mr. camp: madam speaker, our speakers are not here so why don't we beginith closing? the speaker pro tempore:the gentleman from maine is recognized for 7 1/2 minutes. mr. michaud: madam speaker, i yield myself such time as i may consume. the speaker pro teore: the gentleman is recognized. mr. michaud: i rise today as a former mill worker who posted time clock for over 29 years at the great northern pamer company in maine. what i'm seeing firsthand is devastation that these free trade agreement can do to our communities. this adwreement is the most economically significant since nafta and its consequences for
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americans, middle class, will be enormous. since nafta we have lost more than five million manufacturing jobs and we've seen more than 50,000 factories close in the last 10 years alone. the korea f.t.a. will bring more of the same. it will cost us more manufacturing jobs, it will shut down more factories and it will ship more jobs overseas. all at a time of 9% unemployment , when the american middle class can least afford it. my colleagues have already highlighted the many reasons to oppose the korea f.t.a. but i want to highlight two of those issues again. first, it does nothing to protect the u.s. in the face of korea's currency manipulation, and second, this agreent isn't just a giveaway to korea, it's also a giveaway to china.
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korea has a history of manipulating i currencto boost its exports. once in 19 once in 1988 and twice in 1989, the u.s. treasury department officially labeled korea a currency manipulater. even though the treasury stopped officially identifying currency manipulaters in their february and may report of 2011 they stated explicitly and i quote, rea should adopt a greater degree of exchange rate flexibility and less intervention, end of quote. the international monetary fund agrees. in august of this year the i.m.f. stated that the waun was undervalued by 5% to 20%. the fact is,orea manipulates its currency. our own treasury department recognizes it.
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but the f.t.a. does nothing to protect american businesses and workers from it. you only have to look at mexico's 1994 devaluation of the peso to see how effectively an undervalued currency can wipe out an f.t.a.'s benefits. our trade balance with mexico has never been positive since. without a provision to protect us from the undervaluation, korea's he can ports will continue to be cheaper than our own exports. this korean advantage will wipe out the f.t.a.'s tariff benefits for american compani and cost american worke their jobs. candidate barack obama recognized this threat, claiming that as president he would, and i quote, insist that our trade deals include prohibition
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against illegal subsidy and currency manipulation. end quoast. -- of quote. but this f.t.a. includes no such prohibition at all. and second, this agreement is t just good for korea, it's great for china too. today we're actually voting on an f.t.a. that will be an outright boone for cina's auto parts sector. the agreements rules of origin -- agreement rules of origin require that only 35% of the korea content value be put from korea or the u.s. we have two f.t.a.'s with car-producing countries, nafta and the australia f.t.a. and the australia f.t.a., the content requirements are 50%. and in the nafta the content requirements are 62.5%. korea's car production in 2010
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was almost equal to that of canada and mexico combined, yet the korea f.t.a. contains no requirements -- or contains requirements that are much lower than nafta. by allowing the 65% of a car content value to come from a third country where opening the door for that 65% to come from guess who? china. as a result these rules of origin will be devastating to american auto parts industry. the u.s. auto supply chain is already facing challenges from china. according to the commerce department 2010 report titled, "on the road," china auto parts exports to the u.s. have increased 43% from 2004 to 2009. and they're expected to account for an increased share of the u.s. auto partin the future. in fact, commerce predicts that many auto part companies will
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continue to move production to china in an effort to reduce cost and remain competitive. if this f.t.a. passes, that's not a prediction, that's a guarantee. i've already mentioned the fact that we have lost more than 50,000 factories since 2001. before voting today, i urge you to imagine how many more factories will close if we were to pass this agreement. and to thinkbout the devastation that will be brought to those towns when that happens. i oppose it because it will devastate our manufacturi sector at a time when we need to rebuild it. i oppose it because this president promised hope and change, not more of the same. i oppose it because my hometown, unemployment is more than 28%. i oppose it because i want to create jobs in the united states
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, not south korea and definitely not in china. as a former mill worker and on behalf of america's middle class, i urge my colleagues to oppose the korea f.t.a. agreement. at this time i'd ask unanimous consent to insert into the record a letter from the afghanistan c.i.o. in opposition all -- affle croix in opposition to all -- afl-cio in opposition to all free trade agreements. the speaker pro tempore: without objection. mr. michaud: i like to yield to the gentleman from north carolina, mr. kills, for the purpose of a unanimous consent request. -- mr. kissel, for the purpose of a unanimous consent request. mr. kissell: i thank my friend for yielding. madam speaker, i ask unanimous consent -- unanimous consent to insert into the record 27,000
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petitions from american textile workers, pressing opposition to the korean free trade agreement. the speaker pro tempore: without objection. >> mr. speaker, i rise to ask unanimous consent to insert into the record congresswoman sutton from ohio. the speaker pro tempore: without objection. ms. sutton: madam speaker, i ask unanimous consent to insert into the record a letter from the afl-croix on korea's labor violations the speaker pro tempore: without objection. mr. michaud: i ask unanimous consent for congresswoman from california, ms. sanchez, to submit into the record. the speaker pro tempore: without objection. ms. sanchez: madam speaker, i ask unanimous consent to insert into the record a resolution from the league of united latin american citizens expressing position to the free trade agreement. the speaker pro tempore: without objection. mr. michaud: thank you, madam speaker. i would now like to yield to the congressman from pennsylvania, mr. critz, for the purpose o asking for unanimous consent. the speaker pro tempore: without
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objection. mr. critz: i rise to ask unanimous consent to insert into the record a letter from the united steel workers in opposition to the korea free trade agreement. the speaker pro tempore: without objection. mr. michaud: madam speaker, i'd yield to the congresswoman from maine, ms. pingree, fo the purpose of asking for a unanimous consent. the speaker pro teore: without objection. ms. pingree: thank you very much. madam speaker, i ask unanimous consent to insert into the record a letter from the buildi construction trades department of the afl-cio in opposition to all three f.t.a.'s. the speaker pro tempore: without objection. mr. michaud: i'd like to yield to the representative from north carolina, mr. nes, for the purpose of unimous consent. the speaker pro tempore: without objection. mr. jones: madam speaker, i rise to ask unanimous consent to insert into the record two letters opposing the korean free trade agreement, one from the american manufacturing trade acti coalition and another from the united states industal fabric institute. the speaker pro tempore: without objection. mr. michaud: madam speaker, i'd like to yield for the purpose of unanimous consent to mr.ly pip i ask from illinois. the speaker pro tempore: without objection. -- mr. lipinski from illinois. the speaker pro tempore: without
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objection. mr. lipinski: i rise in opposition to this job-killing trade bill and ask unanimous consent to insert into the record a letter from the international federation for professional and technical engineers in opposition to the korea f.t.a. the speaker pro tempore: without objection. mr. chaud: thank you. madam speaker, i'd like to yield to the gentlewoman from north carolina, ms. foxx, for the purpose of a unanimous consent. the speaker pro tempore: without objection. ms. foxx: madam speaker, i rise to ask unanimous consent to insert into the record a statement from the national counciof textile organizations in opposition to the korea free trade agreement. the speaker pro tempore: without objection. mr. michaud: mr. speaker, i'd like to yield to the congresswoman from california, ms. woolsey, for the purpose of a unanimous consent. the speaker pro tempore: without objection. ms. woolsey: madam speaker, i ask unanimous consent to insert into the record a letter from the international union of painters and allied trades in opposition to the korea f.t.a. the speaker pro tempore: without objection. mr. michaud: mr. speaker, i'd like to ask unanimous consent for the purpose of a unanimous consent to ms. kaptur to enter
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remarks into the record. the speaker pro tempore: without objection. ms. kaptur: madam speaker, i ask unanimous consent to inst into the record a letter from the hardest working workers in america, the international otherhood of boiler makers, ironship builders, black smith and helpers. the speaker pro tempore: without objection. mr. michaud: i'd like to yield to the congresswoman from ohio, ms. sutton, for the purpose of a unanimous consent request. the speaker pro tempore: without objection. ms. sutton: madam speaker, i ask unanimous consent to insert into the record a letter from the energy brotherhood of electrical workers in opposition to the free trade agreement. the speaker pro tempore: without objection. mr. michaud: madam speaker, i'd like to yield to the gentleman from pennsylvania, mr. critz, for the purpose of a unanimous consent request. the speaker pro tempore: without objection. mr. critz: madam speaker, i ask unanimous consent to insert into the record a letter from the international long shore and warehouse union in opposition to the korea free trade agreement. the speaker pro tempore: without objection. the gentleman from maine has 30 seconds remaining. mr. michaud: i yield back 0 seconds. the speaker pro tempore: the gentleman yields back. the gentleman from michigan, mr.
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levin. mr. levin: i yield myself the remaining time. the speaker pro tempore: the gentleman is recognized for eight minutes. mr. levin: this is an important discussion and i want to be clear what is really at stake here. if the automotive industry of this country but it's more than that. there's a basic principle involved in the korea f.t.a. issue. and that is whether we will replace one-way trade with two-way trade. when this was negotiated by the bush administration, it failed to take the most important step lating to korea. they were shipping hundreds of thousands of cars to the united
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states. we were shipping at that time less than 10,000. so this indeed, while it mainly involved automotive and that was 75% of our deficit, it was even more than that. opening up markets for our goods produced in the united states of america, this was a make it in america issue. and there was a korean iron curtain against our products, by the way not only automotive but refrigeraters and others. the number one priority othe koreans was to eliminate the 2.5% u.s. tariff. because if you ship 600,000,
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700,000 cars, that's a lot of money. we said to the administration, no way. we were not going to let the korean free trade agreement be approved if it continued to embody one-way trade. the korean ambassador met with mr. rangel and myself often and the trade minister and they id, we aren't going to talk about it. we said, well, if you don't talk there'll be no agreement. then what happened was that the new administration came into being, the oba maw administration, and it began to work on this issue. and what happened was -- the
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obama administration and it began to work on this issue. there were major changes. instead of the tariff on most vehicles immediately, it was delayed until the fifth year. on trucks, it was delayed for eight years, to gi time to make sure that the one-way street game became a two-way street. that has been accomplished. to mak entirely sure of this, there were provisions to make sure they could no longer use their tax provisions and their environmental standards to kee out our products. and to make it even safer, we made sure that there was a safeguard, so if there's a surge of automotive products into the united states, we
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could defend ourselves. that was unique. and that's why the big three are saying t following, i quote -- as representatives of the largest eblings porting sector this will open up an important market for chrysler, ford, and g.m. exports. our companies make thbest cars and trucks on the road and we are excited for the export opportunity this agreement represents. that's why the u.a.w. has indicated its support, because works making their cars will now be able to see that their cars can be shipped to korea. and ford has said they're going to use korea as a base to penetrate with american products the markets of the rest of asia. so that's whthis is all about.
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now, it won't be china getting into the u.s. it will be the u.s. getting into korea. that's really what this is all about. i want to say a word about the issue relating to -- relating to issues of transshipment. we insisted in the f.t.a. that there be provisions relating to transshipment. i want to quickly refer -- refer to them. if customs has any doubt about a shipment, it can require korean exporters to provide documentation showing that the goods qualify for f.t.a. treatment. if a korean exporter refuses or the document is not acceptable, customs can deny f.t.a. treatment to the good. u.s. customs can also do site
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visitsthis is something different to korean factlies -- factories to verify informion and if our customs officials are denied access or the visit shows problems, they can deny entry to the korean goods and exporters who inteppingsally or repeatedly make false claims are subject to penalties. i have a letter embodying this from u.s. customs and border protection. i ask insertion in the record. i also ask insertion the letter if the automobile association and the u.a.w. the speaker pro tempore: without objection, so ordered. mr. levin: i also want to quote the letter from the statement from the motor an equipment manufacturers association. it says as follows. the pending f.t.a.'s offer real opportunities for parts manufacturers an our employees in two of the fastest growing
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regions, asia pacific and south america. we can ill afford to neglect these and other markets as key competitors. i ask that this letter be inserted in the record. so that's what the issue is here today. we face a one-way market with impenetrable barriers. these are now being torn down. this is a jobs bill. this is a jobs bill. we have to be ale to compete and our auto industry can now compete. in order to be able to compete effectively, we have to tear down the marks ofther cupries and make sure our markets ar not only open to them but their markets are open to us.
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we worked very hard to make this happen. it wasn't an easy job. there were times when the administration perhaps, the new one, the obama administration, was going to settle for something less than was necessary. we pressed, we pressed fectively. the obama administration rose to the occasion and in the end said to korea, you must agree to open the market, or we will not send this agreement, this revised agreement, to the u.s. congress. this revised agreement s now been sent here. i urge its support. the speaker pro tempore: the gentleman's time has expired. for what purpose does the gentleman from texas rise? mr. brady: -- >> i ask unanimous consent to
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insert into the record a letter in opposition to the agreement and ask unanimous consent to place in the record a statement for my support fr assistance and opposing the colombia and panama fee trade agreement. the speaker pro tempore: without objection. the gentleman from michigan. mr. camp: i yield myself the plans of my time and yield to the gentleman from california. >> this agreement will break down trade barriers and level the playing feld for 19,000 small and medium-sized businesses here in the crites and the farmers here who export into this market. it means 280,000 new american jobs and frankly, it means $10 billion in new exports and let's remember this, europe has this trade agreement. it went into effect on july 1. they've seen a 17%ncrease in their exports into the market in south korea at our expense.
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why? because frankly u.s. exports to korea currently face an average tariff of 12.2%. mr. royce: it's frankly 49% for agricultural products. if we can bring that down, their tariffs are higher than ours. if we can bring that down, we can get that market share. we can increase that trade and develop these jobs and the agement removed the barriers on -- and provides transparency, provides property rights, it has rules on competition, that makes u.s. businesses muc more competitive in korea. it gives them access into that market. i yield back to the gentleman from michigan. mr. camp: i do want to touch on some points raised by mr. levin. we did work closely together on the supplemental agreement last year work the administration work automakers, with
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autoworkers. that's incorporated in the legislation before us toda it does address key tariff and nontariff barriers, including provisions to ensure the cannot use aregulatory system or process to block our exports. the international trade commission estimates that the removal of nontariff barriers aloan will add an additional, between $48 million an $66 million in exports, in addition to the $190 million in exports expected from lower korean tariffs on autos alone. inaction on the korean trade agreement has allowed the european union and other competitors to step in and take our market share, that's diminished our leadership in asia. the korean trade agreement is key to our engagement in asia and it will be a critical counter to chinese influence in the reful we've heard a lot about chi ma today but how do we counter chinese influence in the region through this adepreem.
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-- through this agreement. this agreement is critically important because it deepens our ties with a strong and important ally. the united states and south korea have had a 60-year history of standing together and this agreement is really a step forward in our bilateral relationship and is an important step that we need to take today. i would urge passage of this agreement. it is -- it has been endorsed and i have a four-page list of organizations, associations, eninuding the american farm bue re, the business round table, heritage, other groups, four-page list, many organizations supporting the passage of this agreement and ask unanimous consent to submit that in the record and urge passage of this agreement and yield back the balance of my time. the speaker pro tempore: without t t t
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>> the house and the senate went on to pass free trade agreements. the columbia deal pass the house to its 62-one of the 67 and garnered 66 votes in the senate. the panama free-trade agreement got 300 house votes and 77 senate votes. the free-trade deal with south korea passed the house to hundred 78-1/2 to 51. 83-15 in the senate. part of the urgency to pass the south korean trade was to finish it before today's state visit by the south korean president. there's a joint meeting of congress at 4:00 p.m. eastern time. up next, "washington journal" is live with your phone calls, followed by today's live coverage of the u.s. house. later, live coverage of the south korean president speaking before that joint meeting of congress. coming up, rep ch

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