[Congressional Record Volume 151, Number 99 (Wednesday, July 20, 2005)]
[House]
[Page H6175]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
CAFTA MYTHS
(Mr. ENGLISH of Pennsylvania asked and was given permission to
address the House for 1 minute and to revise and extend his remarks.)
Mr. ENGLISH of Pennsylvania. Mr. Speaker, it has struck me as I have
listened to the debate here that there are many myths propagated about
CAFTA, the proposed free trade agreement between the Dominican
Republic, Central American nations and the United States.
One is that we are somehow dropping all of our tariffs across the
board. With very few exceptions, the products which CAFTA countries
export to the United States have actually entered duty-free for 20
years. By contrast, products that the U.S. has exported to CAFTA
countries face steep tariffs.
Currently the CAFTA countries apply an average tariff on U.S.
industrial goods ranging from 4.1 percent in Nicaragua to 7.8 percent
in the Dominican Republic.
What we are doing here is creating a two-way street for trade between
the United States and CAFTA countries. This is a big trade issue for
Pennsylvania because merchandise exports to CAFTA countries totaled
$353 million from Pennsylvania in 2004, the ninth largest among the 50
States. And Pennsylvania's exports to the CAFTA region have grown 21
percent between 2000 and 2004.
I sympathize with the concerns that have been raised by CAFTA
critics, but if we look at the details I think this is an agreement
that we can afford to pass.
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