Congressman Larry Kissell (NC-08) today announced his opposition to a deal reached between U.S. and Korean negotiators on the Korea-U.S. Free Trade Agreement.
"We cannot present the same trade guidelines and template that brought us NAFTA and CAFTA, grossly harming American manufacturing and decimating our local economy, and expect different results," said Kissell. "The people of this district do not want any more "Free Trade,' they want trade that is fair--creating jobs and helping our local economy prosper. We must find solutions to help bring good jobs back home, not promote the same failed policies that have harmed us in the past. Our nation cannot afford to enter into another disastrous Free Trade Agreement."
Kissell and other members of the House Trade Working Group met with President Obama on November 18 to discuss concerns and issues they felt were not fully addressed in the agreement.
"We must close the loopholes and incentives for companies to ship jobs overseas, and give our small businesses and manufacturers the fair opportunities they deserve to export their products made here," said Kissell. "While I and many of my colleagues offered our suggestions and the changes our constituents would like to see in this deal, unfortunately not enough has been done to help protect American jobs."
Kissell has outlined the changes he would like to see, including reducing incentives for companies to ship their operations overseas, promoting U.S. manufacturing through targeted tariff reductions, and increasing export opportunities for small and medium-sized manufacturers, including many North Carolina textile companies.
"It's beyond time that we stop exporting American jobs, and start exporting our American products," said Kissell. "I will continue to work with my colleagues on both sides of the aisle to make sure the needs and concerns of American manufacturers are addressed, but unfortunately this is yet another Trade Agreement that simply does not do enough."