[Congressional Record Volume 157, Number 70 (Thursday, May 19, 2011)]
[Senate]
[Pages S3122-S3147]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
PENDING TRADE AGREEMENTS
Mr. JOHANNS. Mr. President, I come to the floor this afternoon during
World Trade Week to urge President Obama to submit pending free-trade
agreements: Korea, Panama, and Colombia. I hope this is the last time I
come to the floor on this issue until we are actually debating these
job-creating agreements, but I must admit I feel as though I am holding
my breath.
Mr. President, 1,420 days have passed since the U.S.-Korea Free Trade
Agreement was signed; 1,422 days have passed since we signed an
agreement with Panama, and it has been 1,640 days since we completed
negotiations with our close ally, Colombia.
We have heard the administration tout the job-creating benefits of
the agreements, so why more roadblocks? Our unemployment rate is nearly
10 percent. Our workers deserve a consistent message on job creation
from this administration. It has been over a month since President
Obama and the President of Colombia made an announcement. The
announcement was that negotiations had been completed, I might add, yet
again. I was relieved that President Obama finally announced there was
an agreement and that there was a need to complete the long overdue
agreement.
I am confident the agreement brought to the Senate and the House
would finally win bipartisan support, and I still am today. In fact,
over a month ago, in the Wall Street Journal, my colleagues, Senators
Baucus and Kerry, called for Congress to ``restore a broadly-shared
bipartisan consensus on trade.'' Now the administration seems to be
moving the goalposts, suggesting continued delay. They are trying to
hold up these agreements to force us to make spending increases that
were contained in the ill-fated economic stimulus bill.
During the challenging economic times that our Nation has endured, we
should all be doing all we can to exert every single ounce of energy to
get our economy moving again and create jobs. This is not done by
heavyhanded government, massive new spending, and new entitlements when
our current programs are unsustainable. It is accomplished by lowering
and removing barriers to our job creators so they can flourish. Korea,
Panama, and Colombia all have much higher barriers to our exports than
we have to their imports. These three bipartisan votes should have been
near the top of the agenda 2 years ago. By now we should be voting on
new agreements that this administration has negotiated, not the
leftovers from the previous administration.
We will need an even greater focus on leveling the playing field
through trade agreements if we are going to double our exports in the
next 5 years, which is the goal the President has set. Yet the
administration, claiming that reopening negotiations with Korea,
Colombia, and Panama was necessary, continues to talk through these
agreements. I am not saying every single agreement before us, or
hopefully before us, is perfect. No agreement ever is. However, let's
not forget that these agreements were originally negotiated in good
faith between allies. What does this delay do to our reputation as a
reliable negotiating partner?
Back where I come from in Nebraska, a lot of business is still done
with a handshake. We trust our neighbors because they are good people
with good values. But if one makes a deal with someone and shakes on
the deal and they keep changing the terms or delaying the
followthrough, one tends to stop dealing with those people. I sure hope
that does not happen to us.
[[Page S3147]]
The fastest growing opportunities for American businesses, farms, and
ranches are outside of our borders. Our greatest opportunities are
overseas in rapidly developing countries. I fear that these long delays
have hurt our ability, the ability of our government to negotiate high-
quality trade agreements. But, most importantly, it has hurt the
ability of Americans to compete in these growing marketplaces.
Let's not pretend this delay has not cost American workers. Since the
Colombia agreement was initially signed all those days ago, our
businesses and our agricultural producers have paid nearly $3.5 billion
in tariffs for goods exported. That is enormous, especially when we
consider that the U.S. International Trade Commission estimates that an
American job is supported for every $166,000 in exports.
Instead of wasting money on tariff payments, the U.S. manufacturing
and agricultural sectors could have spent billions of dollars creating
jobs at home.
I hope we can soon get past the continued delays and the
administration can signal to us that they are serious about doubling
exports in 5 years.
On July 1, less than 2 months away from now, the trade agreement
between the European Union and South Korea goes into effect. It is also
the date that the FTA between Canada and Colombia goes into effect. The
negotiators for other countries are watching the United States, and
they have seen a lack of trade policy. They have seen a change here,
and they are doing everything they can to fill that vacuum with
negotiated and approved agreements. Now our exporters will face even
greater competition when our trade agreements are approved, and
hopefully they will be.
The President said it very well in his State of the Union Address:
If America sits on the sidelines while other nations sign
trade agreements, we will lose the chance to create jobs on
our shores.
That is exactly what is happening. I will give one example. In 2007
American wheat farmers supplied Colombia with almost 70 percent of the
wheat market, even though they faced tariffs of 10 to 35 percent. By
2010 our wheat farmers' share of the market had dropped to 46 percent.
Where did that business go?
Meanwhile, Canada's share grew from 24 to 33 percent. That percentage
will skyrocket when Canadian farmers can export their products duty
free on July 1. Our wheat farmers may effectively be shut out of a
market that they dominated at one point in time.
Americans who are out of work know firsthand that an opportunity is
being missed. Nebraska farmers, businesses, workers, those across the
country know we can compete with anyone given a level playing field.
After the absence of leadership on trade in Washington during the last
2 years, though, the job of competing is harder and harder.
In proclaiming this week as World Trade Week, the President noted the
connection between the global economy and prosperity in our own
country. ``To ensure our success,'' he called for ``a robust, forward-
looking trade agenda that emphasizes exports and domestic job growth.''
It is disappointing that the positive steps forward we have seen over
the past few months have slowed in recent days, and we just cannot
afford more setbacks.
I look forward to working with the administration over the next 2
years on forward-looking trade efforts. Real progress forward would
produce great opportunity in our country, but we have to get this work
done first. Therefore, it is my hope that the President will bring to
us, without delay, the Korea, Panama, and Colombia Trade Agreements for
us to vote yes.
I yield the floor.
I suggest the absence of a quorum.
The PRESIDING OFFICER. The clerk will call the roll.
The legislative clerk proceeded to call the roll.
Mr. BROWN of Ohio. Mr. President, I ask unanimous consent the order
for the quorum call be rescinded.
The PRESIDING OFFICER. Without objection, it is so ordered.
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