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Congressional Record, Senate, May 20, 2020 — The WTO, Political Prisoners, Heroes Act

Summary

Senate pages of the Congressional Record for May 20, 2020, at page S2526. A senator argues that the WTO is deeply flawed and calls on the Senate to take a vote to withdraw from it, saying the Senate has never exercised that right since 1995. The speaker also offers two principles to guide policy and urges new trade agreements with partner nations. Mr. Grassley then speaks under the heading Political Prisoners about political prisoners in Turkey, Syria, China and other countries, saying they ought to be released now, and begins remarks under the heading Heroes Act.

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“Congressional Record, Senate, May 20, 2020 — The WTO, Political Prisoners, Heroes Act.” Original at www.govinfo.gov. Archived at Pandemic Darlings, https://pandemicdarlings.com/source-documents/crec-crec-2020-05-20-crec-2020-05-20-pt1-pgs2526-472297fffe/, SHA-256 540b204527c10f0585f12ffe42b2fd9806f6c0ae1946af038deb1c4ee9620174.

Full text

                                             S2526                                             CONGRESSIONAL RECORD — SENATE                                                          May 20, 2020
                                             China entered the organization even                       We in America cannot compromise                     would serve as a powerful counter-
                                             though China was already the sixth                      our sovereign right to protect the                    weight to China’s expanding Belt and
                                             richest nation in the world by GDP in                   American people and their livelihoods,                Road Initiative, and it would boost de-
                                             the year 2000. China jealously guards                   so we must replace an empire of law-                  mand for our products, raising wages
                                             that sweetheart deal even today, allow-                 yers with the confederation of truly                  and creating good jobs along the way.
                                             ing it to defer its obligations, to skirt               mutual trade. Mutual trade will re-                      Here again, our aim must be to build
                                             the rules we follow, and to continue to                 quire a new approach to dispute resolu-               networks of strong partners able to
                                             amass power at our expense.                             tion, one that will offer nations flexi-              stand tall against Chinese aggression
                                               I could go on.                                        bility and choice, allow countries to                 while strengthening our workers and
                                               The WTO places strict limits on the                   litigate trade disputes like a private                fostering our industries.
                                             support we can provide our farmers and                  contract, through third-party arbitra-                   A new departure is upon us whether
                                             ranchers, even as other nations refuse                  tion chosen by the parties on a case-by-              we like it or not. The old order is giv-
                                             to comply with WTO rulings in favor of                  case basis, with ground rules agreed                  ing way. The future need not be lim-
                                             our producers.                                          upon by both sides and subject to revi-               ited, however, not for this country.
                                               It is clear that the WTO is deeply                    sions as circumstances warrant, or                    This moment is full of promise if we
                                             flawed. The institution’s design makes                  allow countries to set up enforcement                 have the courage to lead.
                                             it nearly impossible to reform, as we                   procedures within the trade agree-                       We can build a future that looks be-
                                             saw during the failed go-around, and it                 ments themselves, like we have done in                yond pandemic to prosperity—a pros-
                                             remains completely ill-equipped to deal                 our recent phase 1 negotiations with                  perity shared by all Americans, from
                                             with forced technology transfer and in-                 China. On either approach, choices over               the rural towns of our country to the
                                             tellectual property theft like we have                                                                        urban core.
                                                                                                     trade will be made and policies will be
                                             seen from China for decades.                                                                                     We can build a future that looks past
                                                                                                     set, as they should be, by elected lead-
                                               The American people get the idea. No                                                                        a failed consensus to meet the national
                                             trade regime can last when it no longer                 ers who are accountable to the people,                security needs of this new century.
                                             serves the people of the countries that                 not by a court sitting in Geneva.                        We can build a future that transcends
                                                                                                       But reform should not stop at trade.                the narrow thinking of the Washington
                                             are part of it. The truth is, our inter-
                                                                                                     We must also think seriously about                    beltway and that gives confidence to
                                             ests and those of the WTO diverged
                                                                                                     what occurs upstream from trade, and                  American workers and to the commu-
                                             many years ago. The WTO is a symbol
                                                                                                     that means global capital. There is a                 nities they call home.
                                             of an economic order whose Wilsonian
                                                                                                     reason why Wall Street loves the sta-                    With a global economy that better
                                             ambitions have cost this country dear-
                                                                                                     tus quo. There is a reason why they                   suits our interests, that better protects
                                             ly, enabling and empowering the rise of
                                             an imperialist China.                                   will object to leaving the WTO and re-                our people, we can find the strength
                                               Now, American leadership is re-                       sist major reforms to our global eco-                 and purpose to counter the gravest
                                             quired—it is essential—to chart a new                   nomic order. That is because they are                 danger to American workers in a cen-
                                             course. This Nation has never been                      on a gravy train of foreign capital                   tury and to unleash again the promise
                                             content to linger in the rear while oth-                flows that keep their checkbooks fat.                 of our unique and marvelous way of
                                             ers lead the way, and we will not begin                 But this foreign money pouring into                   life.
                                             now. We will lead. We will act.                         our country has a distorting effect. We                  To my colleagues in the Senate, I
                                               I call on this body to do its part by                 get asset bubbles that could spur reces-              say: It is time to lead.
                                             taking a vote to withdraw from the                      sions, and our exporters have trouble                    Thank you.
                                             WTO. The agreement by which we                          selling abroad. Our farmers and pro-                     I yield the floor.
                                             joined that organization expressly af-                  ducers know this problem all too well.                   The PRESIDING OFFICER. The Sen-
                                             fords us this right. It commits to Con-                   So now we must work for new agree-                  ator from Iowa is recognized.
                                             gress—both Houses—the right to de-                      ments and better managed capital mar-                              POLITICAL PRISONERS
                                             bate the WTO’s workings and the right                   kets to stop currency manipulators and                  Mr. GRASSLEY. Madam President, I
                                             to vote to continue in the WTO or to                    to protect this Nation’s producers. By                rise for two reasons: one, for a very
                                             withdraw. This is a right—it is our re-                 moderating these flows of foreign                     short comment on political prisoners
                                             sponsibility, really—that the Senate                    money, we can help give a much needed                 in foreign lands, and the other one on
                                             has never exercised since 1995, not one                 boost to our producers at home and fi-                how the CARES Act is developing and
                                             time. We are past due.                                  nally reverse our massive trade deficit               the reaction to it.
                                               We should take up our responsibility                  with China and with the world.                          First of all, our country is now hope-
                                             and debate this issue critical to the fu-                 Finally, actions at home are only                   fully recovering from COVID–19, so I
                                             ture of our country, and we should vote                 part of the solution. Trade and current               want to take this opportunity to ad-
                                             to leave. To begin a new era, we must                   policy, after all, are not made in a vac-             dress the plight of an extremely vul-
                                             end the old. So let’s vote, and let it be               uum. The world is changing, and if we                 nerable population—political prisoners
                                             a new beginning. Let the work begin in                  are to halt China’s bid for hegemony                  abroad.
                                             earnest to forge a new way forward.                     over the coming decades, we will need                   In Turkey, Syria, China, and a lot of
                                               Thinking of that future, I offer two                  to work with our allies and partners to               other countries, political prisoners re-
                                             principles to guide our policy.                         do it. So it is in America’s interest to              main locked away in crowded prisons
                                               First, as a member of the world econ-                 see that other free nations grow strong               without adequate medical care. The
                                             omy, we must never privilege the pref-                  and that we are able to work together                 spread of COVID–19 among this popu-
                                             erences of other nations or multilat-                   to deter and defeat Chinese economic                  lation dramatically increases the risk
                                             eral institutions over the needs of our                 coercion.                                             of serious medical consequences or
                                             own people and our own workers. As                        We benefit if countries that share our              even death.
                                             the leader of the free world, we must                   opposition to Chinese imperialism—                      Authoritarian regimes only risk fur-
                                             empower other countries to resist Chi-                  countries like India, Japan, Vietnam,                 ther destabilization of their countries
                                             nese imperialism at every turn, wheth-                  Australia, and Taiwan—are economi-                    by jailing the innocent. Political pris-
                                             er on their own or standing together                    cally independent of China and stand-                 oners ought to be released, and they
                                             with us as a coalition.                                 ing shoulder to shoulder with us. So we               ought to be released now.
                                               To put these principles into action,                  should actively pursue new networks of                                   HEROES ACT
                                             we must leave the WTO and construct                     mutual trade with key Asian and Euro-                   Madam President, at the beginning of
                                             a new trade system that helps the                       pean partners, like the economic pros-                March, we worked to get ahead of the
                                             United States grow strong. This new                     perity network recently mentioned by                  COVID pandemic, and an amazing




dlhill on DSK120RN23PROD with SENATE
                                             system should retain and deepen the                     Secretary Pompeo.                                     thing happened. Congress came to-
                                             principle of reciprocity. It should en-                   We should offer partner nations new                 gether quickly and developed a broad
                                             courage cooperation and market access                   incentives to support the purchase of                 package of measures to provide relief
                                             but without compromising nations’                       our products made here in America by                  to families, workers, and businesses to
                                             economic sovereignty and their inter-                   American workers. A new system of ex-                 weather the COVID–19 event and the
                                             nal control of their own economies.                     port financing and loan guarantees                    crisis that it is.



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