[Congressional Record Volume 147, Number 78 (Thursday, June 7, 2001)]
[House]
[Pages H2985-H2986]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
STANDARD TRADE NEGOTIATING AUTHORITY
The SPEAKER pro tempore. Under a previous order of the House, the
gentleman from Pennsylvania (Mr. English) is recognized for 5 minutes.
Mr. ENGLISH. Mr. Speaker, I rise on a topic that is of central
importance to our economy for many years to come, a topic which
Congress is going to be called upon to consider in the near future, and
I think has to consider in a bipartisan way in thinking outside of the
box, thinking outside of their traditional ways of approaching it. I am
referring here, of course, to the topic of trade and trade negotiating
authority for the President.
Mr. Speaker, more than 200 years ago, Benjamin Franklin wisely
observed that no Nation was ever ruined by trade. Back then, the United
States was a small part of the global economy. By far, the largest
portion of the wealth of the world lay outside of our borders. Franklin
was simply expressing that which was obvious to most Americans, the
wealthiest and most powerful nations on Earth were the great trading
powers. If the U.S. were ever to live up to its potential, we had to
plug in, we had to participate in the global economy. An island, even
one of continental scale, could not expect to prosper by sealing its
borders to the commercial opportunities that lie abroad.
But today, Mr. Speaker, all that has changed. Or has it?
Following World War II, the U.S. temporarily was an economic colossus
such as the world had never seen. By some measures, we accounted for
over 50 percent of world economic output. Gradually, however, the old
balance was restored. Europe and East Asia were rebuilt, international
trade soared as the nightmare effects of the war and depression-causing
tariff walls were swept away, economies prospered, and tens of millions
were lifted from poverty. Today, 75 percent of the world economy is
outside of our borders.
[[Page H2986]]
Some would suggest, even after the experience of the last 5 decades,
that all economic growth abroad comes at our expense. They seem to
think this is a zero sum game. They seem to think that there is a
finite amount of money in the world and that for someone to win,
someone else must lose.
I categorically reject that argument. In the complex web of
international trade, other nations are not simply competitors, although
that is certainly an important component of our relationship. They are
also our customers. They are our suppliers. And, more than
occasionally, they are our partners in joint ventures. We depend on
them and they depend on us. Or can they?
For 6 years now, the President of the United States, the leader of
the free world and representative of the largest single economy on the
planet, has lacked the authority to negotiate trade agreements,
agreements that could pry open foreign markets, reduce and even
eliminate unfair trading practices and create and preserve more jobs
here at home. All of this is beyond the reach of the President of the
United States.
How did we get into this mess? How did we reach a situation where our
government lacks the same ability to protect and advance our interests
that even the smallest international player takes for granted?
While I supported many of the trade policies of the last
administration, particularly their efforts to preserve our antidumping
and counterveiling duty laws, the sad fact is that they forfeited
America's leadership role by simple default. None of this would matter
if the rest of the world were standing still, but the rest of humanity
is impatient for economic progress.
All around us, our trading partners, tired of U.S. excuses and
delays, are joining and forming new trade alliances without us. Europe
is forming new trade pacts all across Latin America, South America and
North Africa. The nations of East Asia are actively working to form a
new regional combine. America is not even a party to these discussions.
It is time to break through the either/or, dead-end fast track debate
and move beyond the current stalemate to allow for full consideration
of the legitimate issues that confront us in trade negotiating
authority.
To restore the President's ability to advance our interests, I have
introduced H.R. 1446, the Standard Trade Negotiating Authority Act, as
a new approach to trade promotion authority. Over the course of the
next several weeks, I will describe in greater detail the most
important sections of this bill. But today I would like to outline some
of its basic provisions for the House.
My bill provides ongoing negotiating authority for the President but
differs from fast track by requiring preauthorization from the Congress
for a specific country for a specific negotiation before the President
enters into negotiations. Legitimate concerns regarding environmental
and labor standards are addressed during the preauthorization process
through the creation of a new commission which will draft specific
recommendations to be included in the negotiation goals. This ensures
that blue and green concerns are considered, where appropriate, as part
of a trade negotiation. When negotiations are complete, the President
will submit the agreement along with a plan for implementation and
enforcement to Congress for final approval. He must also outline any
costs that accompany the plan.
This bill is an attempt to demystify the stale debate surrounding
trade agreements, open the process to greater public and congressional
scrutiny, making it more transparent, provide for a way to address real
blue and green concerns and restore the U.S. to its leadership role on
the international stage.
A few weeks ago, the President submitted his trade proposal to
Congress. In my view, he correctly outlined his goals to expand our
export markets while leaving Congress with a great deal of discretion
for determining the best way to proceed. My legislation answers this
challenge by creating a framework that provides for appropriate
oversight of trade agreements before, during and after their
completion.
I urge my colleagues to set aside partisan rancor, set aside
traditional ideological classifications and consider this bill
carefully. I would welcome their efforts to join with me to build a
bipartisan coalition to take a new approach to trade in America.
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