[Congressional Record Volume 147, Number 157 (Wednesday, November 14, 2001)]
[House]
[Page H8138]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
PASS TRADE PROMOTION AUTHORITY
(Mr. LINDER asked and was given permission to address the House for
1-minute and to revise and extend his remarks.)
Mr. LINDER. Mr. Speaker, in today's increasingly global world, we
have two choices: We can lead, or we can follow. Historically, the
United States has led the race for global competitiveness, and free and
fair trade has been a significant factor in our economic growth.
However, as we stand by and watch other nations learn from and then
surpass our example, we are quickly falling behind and jeopardizing our
economic prosperity.
While America sits on the sidelines of international trade
negotiations, the European Union has completed 27 free trade agreements
and is negotiating another 15. While America has watched, Mexico has
completed trade agreements with 25 countries. While President Bush has
been without Trade Promotion Authority, other countries have assumed
the lead in setting international standards and practices. In fact,
there are more than 130 preferential trade agreements globally, and the
United States is party to only two.
Mr. Speaker, it is time for Congress to squelch this new American
timidity with regard to trade. We must return to our tradition of
leadership, and not endless pursuit of protectionism. We must work to
open markets, eliminate tariffs and barriers, and ensure that our
Nation remains at the forefront of economic success. We must pass Trade
Promotion Authority.
____________________