A new IAM graphic details steps to achieving fair U.S. trade policy, as opposed to the unfair, seriously-flawed South Korea, Colombia and Panama Free Trade Agreements now under debate in Washington.
Fair trade puts people and their communities before billionaire CEOs and their transnational corporations who have no loyalty to the workers who made them so successful. Therefore, a sound and fair trade agreement must include:
- A comprehensive review of the impact all past trade agreements have had on U.S. jobs and workers BEFORE negotiating any new agreements. All current and proposed agreements would be put on hold until a detailed study is completed;
- Adoption of the core labor standards set forth by the International Labour Organization (ILO), including those concerning safety, health and decent pay;
- Preservation of U.S. government procurement policies and stronger Buy American laws;
- Elimination of investor-to-state dispute resolution mechanisms;
- Reform of U.S. tax policy to eliminate and discourage the outsourcing of American jobs;
- Rebuilding of the U.S. manufacturing sector;
- Reversal of the current $497.8 billion trade deficit;
- Renewed commitment toward stronger and more effective enforcement of U.S. trade laws; and
- Immediate curtailment of China’s unfairly-valued currency, illegal subsidies, manipulation of “state-owned enterprises” and violations of fundamental human rights.
These principles are reflected in the Trade Reform, Accountability, Development and Employment (TRADE) Act sponsored by Sen. Sherrod Brown (D-OH) and Rep. Mike Michaud (D-ME). The IAM is proud to be one of the first supporters of this important legislation.
Stand up for fair trade – not free trade – by clicking “Like” on the IAM Facebook page. Tell Congress to vote “No” on the South Korea, Colombia and Panama Free Trade Agreements!