Showing posts for "Trade"
Sen. John McCain (R-AZ) said Wednesday that a date for troop withdrawal is “not too important” and that low troop casualty rates should be the priority. “Americans are in South Korea. Americans are in Japan. American troops are in Germany. That’s all fine,” he said. “The key to it is we don’t want any more Americans in harm’s way.”
Sen. Barack Obama (D-IL) responded to news of the U.S. trade deficit on Tuesday, criticizing “special interest-driven economic policies” that he said will increase the deficit but “won’t help American automakers secure fair treatment in South Korea, and won’t ensure that China stops devaluing its currency and tilting the playing field against American workers.”
“I want to break down foreign trade barriers, so that America’s small 
businesses can compete abroad. When new trading partners can sell in our market, and American companies can sell in theirs, the gains are great and lasting. The strength of the American economy offers a better life to every society we trade with, and the good comes back to us in many ways — in better jobs, higher wages, and lower prices. Free trade can also give once troubled and impoverished nations a stake in the world economy, and in their relations with America.”
“We do the cause of free-trade – a cause I believe in – no good when we pass trade
agreements that hand out favors to special interests and do little to help workers who have to watch their factories close down. There is nothing protectionist about demanding that trade spreads the benefits of globalization as broadly as possible.”
Sen. Hillary Clinton (D-NY) suspended her candidacy for the Democratic nomination
June 7 . Clinton, who had advanced farther than any woman presidential candidate in U.S. history, sought throughout the campaign season to distinguish her foreign policy agenda from that of her main opponent, Sen. Barack Obama (D-IL).
In a speech in Chicago, Sen. John McCain (R-AZ) promised that if he is elected president the United States will “honor its international agreements, including NAFTA, and we will expect the same of others.” McCain said he would not “undo the gains of years in trade agreements now awaiting final approval.” He also sharply criticized the farm bill recently passed in Congress, saying he would seek to end all farm subsidies “not based on clear need.”
British Foreign Secretary David Miliband, who will meet with Sen. Hillary Clinton (D-NY) and Sen. Barack Obama (D-IL) this week, said the Democratic candidates’ comments on free trade throughout the campaign season have caused concern in the United Kingdom and in the European Union, the Financial Times reported Sunday. Miliband also commented on Sen. John McCain’s plan to create a “League of Democracies.”
On the eve of the Indiana and North Caroline primaries, Sen. Hillary Clinton (D-NY) had strong words against the Organization of Petroleum Exporting Countries (OPEC). OPEC “can no longer be a cartel, a monopoly that get together once every couple of months in some conference room in some plush place in the world, they decide how much oil they’re going to produce and what price they’re going to put it at,” Clinton said (Politico).
Sen. Barack Obama (D-IL) signed on Thursday as a cosponsor to the Fair Currency Act, a bill aimed at penalizing China and other countries that manipulate currency. Obama said he was cosponsoring the act because China has been “dumping goods into American markets while failing to open its own; violating intellectual property rights; and grossly undervaluing its currency thereby giving its goods another unfair advantage.”
In Pennsylvania’s Democratic presidential primary Tuesday, won by Sen. Hillary Clinton (D-NY), exit polls showed voters overwhelmingly see the country as in recession and view the economy as their top concern. Both Clinton and rival Sen. Barack Obama (D-IL) in their campaigning were critical of the impact of free trade agreements, especially the North American Free Trade Agreement. Those exit polled gave Clinton the edge as most capable of repairing the economy (CNN). Obama still retains the edge in delegate counting and the contest will continue with May 6 primaries in Indiana and North Carolina.
When CFR.org started blogging on the U.S. presidential campaign back in May 2007, the foreign policy terrain appeared relatively uncomplicated….
Before a cheering crowd of millions (WashPost) at his inauguration on Tuesday, President Barack Obama called for a “new era…
“We will not apologize for our way of life, nor will we waver in its defense, and for those who…
With Barack Obama set to become the forty-fourth president of the United States today, analysts of international affairs are looking…
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