Top Clinton official says she would likely scrap trade deals, start anew

Top Clinton official says she would likely scrap trade deals, start anew
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Democratic presidential nominee Hillary ClintonHillary Diane Rodham ClintonTrump preps conspiracy theory to explain faltering economy The ideological divide on vaping has a clear winner: Smokers Biden struggles to hit it off with millennials MORE would probably scrap the nation’s global trade agreements and overhaul U.S. trade policy, a top campaign official said Tuesday.

John Podesta, chairman of her campaign, said Clinton as president likely wouldn't seek to rework existing trade agreements such as the Trans-Pacific Partnership (TPP) but instead move to adopt a new model for global deals.


“We need a new approach to trade,” Podesta said, according to a Wall Street Journal report.

“We’re not about renegotiation. We’re not kind of interested in that. We’re interested in a new approach,” he said. 

Trade is a hot topic in the presidential campaigns, with Clinton and Republican nominee Donald TrumpDonald John TrumpGraham: America must 'accept the pain that comes in standing up to China' Weld 'thrilled' more Republicans are challenging Trump New data challenges Trump's economic narrative MORE both trying to appeal to Americans who feel that global trade has hurt U.S. jobs and the economy. 

On Monday, a slew of anti-TPP signs popped up on the floor at the Democratic National Convention in Philadelphia.

Clinton moved to the left during her primary campaign against Sen. Bernie SandersBernie SandersTrump preps conspiracy theory to explain faltering economy Sanders doubles down on 'Medicare For All' defense: 'We have not changed one word' Sanders, Warren back major shift to fight drug overdoses MORE (I-Vt.), who has vigorously opposed trade agreements throughout his career, including the TPP and the North American Free Trade Agreement (NAFTA).

As secretary of State, Clinton promoted the TPP, but she changed her mind and decided to oppose the sweeping 12-nation deal after it was completed in October. NAFTA was ratified by Congress under former President Clinton. 

During the past few weeks, Clinton has ramped up her calls on Congress to forgo a vote on the Pacific agreement after the November elections.

Meanwhile, President Obama is urging lawmakers to back the deal and pass it during the lame-duck session before his leaves office. Not approving it, he warned, risks strategic and economic uncertainty in the Pacific Rim, especially with China working to forge trade deals in the region. 

“What the president chooses to do, whether he thinks that that’s an effective strategy, is up to him, but that is not our strategy," said Podesta  a former member of Obama's White House team, in response to a question as to whether Clinton would try to block a lame-duck vote.

Clinton’s running mate, Virginia Sen. Tim KaineTimothy (Tim) Michael KaineA lesson of the Trump, Tlaib, Omar, Netanyahu affair Warren's pledge to avoid first nuclear strike sparks intense pushback Almost three-quarters say minimum age to buy tobacco should be 21: Gallup MORE, who supported fast-track authority last summer for any trade deals that reach Capitol Hill, announced his opposition to the TPP over the weekend.

“They’re against it before the election and against it after the election,” Podesta said. 

On Monday, Podesta met with House Democrats, most of whom already oppose the TPP, and told them where Clinton stands.

“So they know, they well know what our position is," Podesta said.

Only 28 House Democrats supported fast-track last summer. 

Trump also is strongly opposed to the TPP and the NAFTA and has said he would pull the United States out of those deals if the agreements can’t be renegotiated to his satisfaction. 

He ramped up that talk over the weekend, threatening to withdraw United States from the World Trade Organization if he gets push back from its members on his plan to tax U.S. companies that move overseas and want to import their products.

Separately on Tuesday, United Auto Workers President Dennis Williams said Clinton has promised him that if elected she would renegotiate NAFTA, a point she has made in the past, according to a report by Reuters.

On Monday, Rep. Sandy Levin (D-Mich.), ranking member of the House Ways and Means Committee, said that Clinton is the only one who can be trusted on trade.

“Secretary Clinton opposes TPP as negotiated and has a plan to change our trade agreements and strengthen enforcement of agreements and trade laws, to specifically address China’s unfair trade practices, to change U.S. tax policy and invest in domestic jobs,” Levin said.