IAM Opposes South Korea Free Trade Act

The IAM today issued a strongly-worded statement in response to the proposed U.S.-Korea Free Trade Agreement.

“This Bush-era agreement fails to even remotely satisfy the concerns of recession-ravaged U.S. workers,” said IAM President Tom Buffenbarger. “The last thing the U.S. economy needs is another flawed trade agreement built on the disastrous framework of NAFTA.” 

Buffenbarger warned that workers in aerospace, auto parts and related manufacturing industries will be hit particularly hard and encouraged members of Congress to vigorously oppose the legislation. “This agreement could have represented an opportunity to demonstrate real and meaningful change when it comes to building a fresh, new trade agenda,” said Buffenbarger. “Sadly, it will further empower the same old transnational business interests that are all too eager to shift more U.S. production jobs to countries like South Korea, China and Mexico.”