[Congressional Record Volume 141, Number 78 (Thursday, May 11, 1995)]
[House]
[Page H4799]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
{time} 1015
TRADE DEFICIT WITH JAPAN
(Mr. TRAFICANT asked and was given permission to address the House
for 1 minute and to revise and extend his remarks.)
Mr. TRAFICANT. Mr. Speaker, the battle for a balanced budget is not
taking place in the Halls of Congress. The battle for a balanced budget
is raging in the Pacific over the protectionist trade policies of
Japan. You know that, I know that, and the American worker, they
absolutely know it. Watch them at election time.
I commend President Clinton for his efforts. The President's fight is
absolutely right. I just hope at the last minute they do not make
another compromise washed-down deal.
Let me say this: The hammer is in the hands of Congress. I recommend
imposing a 15-percent across-the-broad tariff on Japanese products, all
products until they open their market. Think about it. That worked for
Washington. That worked for Lincoln. And that worked for Japan.
There is nothing wrong with winning and losing is contagious. Let us
join the President's fight. Let us take action against Japan. They are
not going to open their doors on a voluntary request.
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