Clinton vows to raise US bar on trade

Clinton vows to raise US bar on trade
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Hillary ClintonHillary Diane Rodham ClintonTrump to attend World Series Game 4 in Atlanta Pavlich: Democrats' weaponization of the DOJ is back Mellman: The trout in the milk MORE on Tuesday outlined her plans for the expanding trade, arguing that raising standards for global agreements is the only way to ensure that the United States sees the benefits. 

Clinton, who reiterated her opposition to the Trans-Pacific Partnership, ticked off several areas where she would focus her attention from cracking down on currency manipulation to enforcing current trade rules, if she wins the White House in November. 


She also vowed to fight abuses by China and end tax policies, such as inversions, that provide benefits for U.S. companies that move jobs overseas. 

“We have to set a high bar for any new trade agreements, and only support them if they will create good jobs, raise wages and advance our national security,” she wrote in an op-ed in Maine’s Portland Press Herald. 

Clinton said she opposed the TPP “when it failed to meet those tests, and would oppose future agreements if they failed to meet that bar.”

She expressed concern about China and other countries using "underhanded and unfair trade practices to tilt the playing field against American workers and businesses."

“When they dump cheap products in our markets, subsidize state-owned enterprises, manipulate currencies and discriminate against American companies, our middle class pays the price. That has to stop.”

She specifically called on the Obama administration to deny Beijing's request for "market economy" status.

"That sounds pretty obscure," she said. "But here’s the rub — if they get market economy status, it would defang our anti-dumping laws and let cheap products flood into our markets. So we should reply with only one word: No."

She argued that "if China wants to be treated like a market economy, it needs to act like one."

Her chief rival Vermont Sen. Bernie SandersBernie SandersDemocrats hope to hold Big Oil 'accountable' On The Money — Will the billionaire tax survive Joe Manchin? Democrats cutting paid leave from spending deal amid Manchin opposition MORE also opposes the TPP as does Republican front-runner Donald TrumpDonald TrumpOvernight Defense & National Security — Presented by Boeing — Milley warns of 'Sputnik moment' for China WSJ publishes letter from Trump continuing to allege voter fraud in PA Oath Keeper who was at Capitol on Jan. 6 runs for New Jersey State Assembly MORE

Without strong trade policies, Clinton argued that U.S. exporters face a tough road ahead.

"A stronger dollar, slowing Chinese economy and global economic turbulence mean that workers in industries from steel to auto parts are facing headwinds," she wrote.

Congress may take up the TPP this year but a vote on the agreement could get pushed to next year and a new president, one that may not support the TPP. 

"Ninety-five percent of America’s potential customers live overseas, so closing ourselves off to trade is not a solution," she said.

"But we have to make sure we are all playing by the same rules."