Washington, DC – Ways and Means Ranking Member Dave Camp (R-MI) and Trade Subcommittee Ranking Member Kevin Brady (R-TX) today released the following statements in response to the President’s creation of an Export Promotion Cabinet.
CAMP: “The best way to promote exports is to act on the pending trade agreements and open new markets in which we can sell American made goods and services. The President has admitted these agreements could create over 250,000 American jobs, yet Democrats in Congress refuse to work on, let alone pass a new trade agreement. The Democrats’ stall tactics on trade are causing us to lose market share and jobs to Europe and Asia.”
BRADY: “Creating another institution will not create meaningful American jobs unless that institution has a mandate to create new markets. Passage of the free trade agreements with South Korea, Colombia, and Panama are cost-free ways to improve the growth of U.S. goods and services exports without creating new institutions. The President’s speech today did not set out a plan for considering them, which is great news for our competitors in Europe, Asia, and Latin America but bad news for U.S. workers.”