Jeff Sessions Speaks to International Trade Commission

Talking about Free Trade is an uphill battle.  Most people find the subject boring, but I’m here to tell y’all to get over that.  Look, y’all…maybe the subject wouldn’t be boring to you if you reminded yourself that trade issues affect your job, and the amount of money you have to spend on items that you need.

Jeff Sessions has found himself speaking a lot on issues of trade, lately.  Yesterday, the Senator gave a speech to the International Trade Commission.  The speech is especially relevant now, with the issue of Fast Track Trade Promotion Authority being debated in the House of Representatives.  Sessions reminded the Commission of their decisions affecting the tire industry here in the United States.  From the Senator’s remarks:

In 2009, this Commission found that a surge in Chinese tire imports was disrupting the U.S. market and recommended that a remedy be imposed, resulting in three years of safeguard tariffs that protected American manufacturing from state-owned enterprises, manipulated currencies, and illegal product dumping in our domestic market. From 2004 to 2008, tire imports from China more than tripled, while the American industry was thrown into a downward spiral. From 2004 to 2009, before relief was imposed, the industry closed or announced the closure of eight tire plants, including Michelin’s plant in Opelika, Alabama.

China, as y’all know, is a chief competitor with the United States.  Sessions had a lot to say about China, in his speech.  The Senator reminded the Commission of China’s unfair trade practices.

The Commerce Department’s preliminary report found that Chinese producers are dumping their product in the U.S. market at prices significantly below market price. The report states that Chinese products arrive in the U.S. market between 18.58% and 87.99% below fair market price. Furthermore, Chinese producers also benefit from an array of government subsidies, including export subsidies, and an artificially depressed currency. The Commerce Department’s preliminary report also found that government subsidies range from 11.74% to 81.29%. This dumping and subsidization has permitted Chinese producers to engage in widespread and significant undercutting of U.S. prices. The fact is, when Americans are offered a level playing field, our workers can win. However, these numbers prove that this is not free trade. The United Sates should not acquiesce to the loss of a single job to unfair competition. That day is past.

There’s no such thing as “Free” trade, y’all.  Somehow, every “Free Trade” agreement that we enter costs us jobs.  Read all of Senator Sessions remarks to the ITC here.  It’s educational, and won’t cost y’all anything, for a change.