[Congressional Record Volume 163, Number 145 (Friday, September 8, 2017)]
[House]
[Page H7187]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
{time} 0915
JUNE TRADE DEFICIT/TRUMP SCORECARD
(Ms. KAPTUR asked and was given permission to address the House for 1
minute.)
Ms. KAPTUR. Mr. Speaker, President Trump promised to fix our trade
deficits and bring back American jobs. Seven months into this
administration, wages are flat and workers continue to get pink slips.
The administration has not made its promises on NAFTA come true, and
as of June, the end of June, the decision on steelworkers has not been
done.
President Trump made promises to working people and spoke endlessly
about trade during the campaign, and now he has an opportunity to
rewrite those economic rules for NAFTA on this continent. He could make
it work for working people rather than for transnational corporate
interests at the expense of everyone else. We should fix NAFTA's lax
labor standards, and the citizens of our continent would benefit.
Our people have had hundreds of thousands of jobs outsourced to
Mexico. Workers in Mexico earn about $3.95 an hour in the auto plants,
about one-ninth of average workers here north of the border. Meanwhile,
our trade deficits have been increasing across the board with Mexico,
which translates into more outsourced jobs and, of course, more trade
deficits with the world.
The June 2017 trade deficit on this chart confirms the year-to-date
goods and services deficit increased by over 10 percent over last year.
America can create good jobs here at home, but it can't happen
without fixing trade agreements that are seriously out of balance,
starting with NAFTA.
Mr. President, please fix NAFTA.
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