In 1996, on the house floor, rape. Nancy Pelosi (D-CA) attacked a then bipolar scheme to give China most of the favorite nations (MFN) trade status, arguing that there are low tariffs on China’s manufactured goods in the US, high tariffs on American freight in China.
Communist country by giving MFN status, arguing on opening American free trade with China, Pelosi clarified that he opposed the plan, taking into account the growing trade deficit and how it was leading to economic destruction for Americans.
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https://www.youtube.com/watch?v=layoipkvkbw
“Today, Congress members will be asked to set up a marker: how far China has to go? How much more repression for the American worker, how big business deficit and loss of jobs, and how dangerous spread in front of the members of this house of the representative,” I will not support the situation? “
If we want to take this issue only on the basis of economics, then in fact, in fact, China should not achieve most of the favorite nation status For many reasons which I want to go now. I want to call the attention of my colleagues on this chart that the business community today is asking each of you to support each one. Right now, we have a $ 34 billion trade deficit with China … it will be more than $ 40 billion for 1996. Since the Tianmen Square massacre, the figure has increased by 1,000 percent to $ 3.5 billion to about $ 34 billion. In terms of tariffs, it seems that it is interesting to note that the average American MFN tariff on Chinese goods coming in the United States is 2 percent while the average MFN tariff on American goods in China is 35 percent. Is he mutual? On exports, China only allows some American industries in China and therefore only 2 percent of American exports in China are allowed. On the other hand, the US allows China to flood our markets with one third of its exports and it will probably exceed 40 percent and it is infinite because we have not placed any restrictions. [Emphasis added]
Similarly, Pelosi said that the loss of job as a result of American free trade with China was a large -scale “job losing”, as he said:
In the context of jobs, it is the biggest and cruel deception of all, not only we do not have the market access, not only they have prohibitive tariffs, not only our exports are very specially allowed to go, but China is at least, at least, at least, benefits with 10 million jobs. In his statement, the President requested for special exemption and said that China trade supports 170,000 jobs in the United States, while our imports from China support at least 10 million jobs … The fact is that the US-China trade is a job losing. [Emphasis added]
Now if you take a country the size of China with slave labor, lack of access to market, which shuts up our intellectual property, transfer of technology, a country that is not ready to play by rules in any relation of business relations, You have a serious threat … for the industrial world. [Emphasis added]
Pelosi also called Congress members to support the MFN status for China.
“And if I want our colleagues to understand today and our constituent is that on this day your members of the Congress can prepare a line to the United States President to say that it is a US-China business relationship that is going to lose a job for the United States,” Pelsi said.
“And it brings us to the point that others have said,” Well we cannot separate China. ” Do you think for a minute that at least with 10 million jobs and $ 35 billion and more than $ 35 billion this year in a business surplus – all those billions of dollars in the surplus – that sugar is going to go away? “Pelosi continued.” Where are they going to take 35 to 40 percent of their exports? Who is going to buy them? This is the one that maintains governance – funding and jobs. They cannot exclude those people. They should be worth exporting to the United States. “
Pelosi was an early and courageous critic of China’s human rights violations. In 1991, for example, he and two other members of the Congress highlighted a banner at Tianmen Square, condemning the Chinese Communist Party of student democracy during the 1989 Tianmen Square Massacre. During his home floor speech in 1996, Pelosi introduced his economic arguments against China MFN status with a moral argument about the threat that the American trade policy would enrich Chinese communist rule and enable its human rights violations.
Rape. Nancy Pelosi (D-CA) Rape Ben Jones (D-GA), and Rape with John Miller (R-WA), conducts a banner at Tianmen Square on 4 September 1991, to honor the protesters by the Communist regime of China in the 1989 massacre. (AP photo)
For today, fast forward, Pelosi is attacking Trump’s mutual tariff, which is ready to end the country’s decades to end the free trade policy, which ended millions of American jobs.
“Donald Trump’s careless tariffs will create anarchy in our economy, increase prices for consumers, and hurt hardworking American families. This is not a strategy – this is the biggest tax growth on American people in history,” Pelsi wrote This week at X.
However, the strict warning of Pelosi in 1996 for American workers and American communities in 1996 was very true.
For example, a 2018 report by the Economic Policy Institute (EPI) found that the United States trade deficit with China ended American jobs in all 50 states and between 2001 and 2017 in each Congress district across the country, resulting in a loss of 3.4 million US jobs. Most of the jobs lost to China were in the US manufacturing sector, which lost 74.4 percent of all jobs and lost 2.5 million US manufacturing jobs. This total also includes 1.3 million lost US jobs since 2008.
(Institute of Economic Policy)
According to EPI studies, the largest amount of job was seen from free trade with China, including Pelosi’s home state California, where more than 560,000 American jobs are lost; Also Texas, where 314,000 American jobs were abolished; And New York, in which 183,500 American jobs were lost in the state.
States such as Oregon, New Hampshire, Minnesota, Northern Carolina, Vermont, Wisconsin, Massachusetts and Road Island were among 10 “most difficult-in states, when looking at job loss as part of total state employment,” EPI researchers note.
But till now the worst devastation from these free trade policies was felt by America’s Rust Belt and Hartland, which saw that its communities were taken out and the factories were destroyed due to the closure and the jobs were abandoned.
A 2022 report by the US International Trade Commission (USITC) revealed a completely devastation over America’s manufacturing communities due to free trade policies, Palosi had properly warned in its 1996 house speech.
Among other findings, the report found that the US -free trade policy has allowed companies to more easily transfer American jobs abroad and keep wages low for jobs in the US.
The USITC report said, “Participants recognized trade policy as due to job loss. A union representative said that business policies often have flaws or manipulated by China and other countries so that policies are not working,” the USITC report said.
Another The representative of the union said that the current trade agreements allow for more capital mobility than agreements before the 1980s, which enable auto, electronics and steel manufacturers to move abroad abroad For any reason. Various union representatives explained that Companies are able to use the danger of moving abroad for various reasons – Such as better tax implications and low wages – To limit the power of labor unions and keep domestic wages low, [Emphasis added]
When American Free Trade Policy enables companies to produce offshore production, the report states that American employees are not directly affected by such steps. Assistant industries also feel like Americans as well as cities and communities, as well as disastrous effects.
“Participants mentioned that, when jobs are lost, local businesses – like gas stations and restaurants – which affected workers rely on other businesses in the form of customers and customers, as well as other businesses in the supply chain of the industry, as a result,” The report states, “the report states.” A retired Steelworker also said that the company also said that the company can also have a lost pension.
Social impacts of American production closure companies have been found in the report, including mental health issues, suicides, low life expectancy, divorce, domestic violence, high crime rates and worse than public schools.
In particular, when a plant in Beaver County, Pennsylvania was closed, the report states that due to the US-free trade policy, neighboring mother-and-pap shops, local businesses and grocery stores suffered significant losses. Many people also stopped.
The report said, “Another union representative said that, when the General Motors Company stopped production in Lansing, Michigan, the entire local community suffered as a result,” the report states: “
Representatives of two other union talked about the impact of plant closing and production cuts on employees. An academic and a business owner said that there may be a loss of opportunity for career dynamics upwards from the plant closure and there may be changes in jobs of services that have low wages and low benefitsRepresentatives of other unions, which are retired, said that In 2019, the threat of offshoreing has been used to shut down the plant of General Motors at Lordstown, Ohio, and suppress worker wages and benefits. Another union representative talked about the cooper tire at Ohio’s finale, allegedly competing against the import dumped from China in 2007. Employees of this facility were reportedly prescribed for changes that were closed for two days and two days and could not file for unemployment. [Emphasis added]
In the Northeast Ohio district, the first Democrat Congress Tim Ryan (who had now lost President JD Vance in his 2022 US Senate race), lost about 25,000 manufacturing jobs in two decades as China was given MFN status. At the same time, in some communities, drug overdose in the area declined by 400 percent.
“The representative of a retired association said that the families in Ohio’s Mahoning Valley and Youngstown, and the neighborhood, are still affected by the loss of jobs 40 years ago, as well as closing more recent plants with recent plant shutdown,” the report states. “He described a cycle of fall, decay and blight, as the population has fallen a third of its previous size and has become empty in homes because children and grandchildren go away.”
John Binder is a reporter for Breetbart News. Email her on jbinder@breitbart.com. Follow him on Twitter here.
