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| Author: | John F. Kerry |
|---|
June 15, 2004
Senator John Kerry, D-Mass.
June 15, 2004
John Kerry issued the following statement today in response to the 2004 Report to Congress of the U.S.-China Economic and Security Review Commission:
America has lost millions of manufacturing jobs. Just yesterday, we learned that the trade deficit hit a new record. As the trade deficit with China has ballooned, President Bush has stood on the sidelines. He has failed to do anything to effectively address Chinas predatory currency manipulation, its violation of intellectual property rights and other unfair trade practices that violate its international obligations.
I believe the United States should engage in the global economy. Trade and exports have the potential to lift up workers around the world. But by ignoring Chinas violations of international trade laws, President Bush has failed to defend American interests in the global economy.
As President, I will work to open markets abroad, enforce Americas trade laws and agreements, and ensure that Americas businesses and workers are compensated when they are harmed by continuing unfair trade practices.
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