TRADE Act Fact Sheet

H.R. 6180/S. 3083:

The TRADE Act

(Trade Reform, Accountability, Development and Employment Act)

 

TRADE Act Addresses American Public's Demand for Change During Presidential

Campaign With a New Way Forward on Trade, Globalization

 

Sen. Sherrod Brown (D-Ohio) and Rep. Mike Michaud (D-Maine) have worked with an array of labor,

environmental, consumer, faith and family farm organizations to develop a bill that presents a progressive

vision of what a good trade agreement must and must not include. This initiative sets forth what we are for -

shutting down the bogus claim that we are anti-trade or have no alternative vision because we oppose the North

American Free Trade Agreement (NAFTA), Central America Free Trade Agreement (CAFTA), World Trade

Organization (WTO) and similar damaging trade agreements.

 

What does the bill do?

The TRADE Act requires a review of existing trade pacts, including NAFTA, the WTO and other major pacts,

and sets forth what must and must not be included in future trade pacts. It also provides for the

renegotiation of existing trade agreements and describes the key elements of a new trade negotiating and

approval mechanism to replace Fast Track that would enhance Congress' role in the formative aspects of

agreements and promote future deals that could enjoy broad support among the American public.

The TRADE Act shifts the debate towards discussing a new trade and globalization model. It moves beyond

repeatedly fighting against expansions of the old failed model and sets a marker for where discussion should

start with a new Congress and president in 2009. One of our nation's greatest challenges is to create new rules

for globalization that ensure economic security and the creation of quality jobs here, while offering

opportunities for sustainable development in poor countries. Such rules would counter rising income inequality

and the threats our current policies pose to national security, our shared global environment, public health and

safety, and democratic accountability.

 

We must take action now to shape the future debate. The TRADE Act recognizes the Democratic presidential

candidates' calls to renegotiate some pacts and brings Congress into this process.

 

The TRADE ACT includes:

 

Section 2: Lists of which trade agreements must be reviewed and definitions of the labor and environmental

standards all agreements must contain.

 

Section 3: Requirements for the Government Accountability Office to conduct a comprehensive review

of existing major trade agreements by June 10, 2010, including economic outcomes in the U.S. and abroad and

various security and social indicators. The TRADE Act also requires an analysis of how the current agreements

measure up against the detailed description in the bill of what must and must not be included in future U.S.

trade agreements.

 

Section 4: Labor, environment, food and product safety standards; national security exceptions; and trade

remedy and federalism protections that must be included in all American trade pacts. Because NAFTA-model

trade agreements extend far beyond traditional trade matters, this section also sets requirements with respect to

public services, farm policy, investment, government procurement, and affordable medicines.

 

Section 5: Requirement for the president to submit renegotiation plans to remedy the gaps identified by the

Comptroller General between our current pacts and the criteria for good agreements listed in section 4 prior to

negotiating new agreements and prior to congressional consideration of pending agreements.

 

Section 6: Establishment of a committee comprised of the chairs and ranking members of each committee

whose jurisdiction is implicated by today's expansive "trade" agreements to review the president's plan for

renegotiations.

 

Section 7: A sense-of-the-Congress provision that sets out criteria for a new mechanism to replace the Fast

Track negotiating process. To obtain agreements that benefit a wider array of interests, this new process

includes Congress setting readiness criteria to select future negotiating partners; mandatory negotiating

objectives based on the Section 4 criteria of what must be and must not be in future trade agreements; and the

requirements that Congress must certify that the objectives were met, and then vote on an agreement before it

can be signed. These criteria for a new trade negotiating mechanism to replace Fast Track have been supported

in AFL-CIO, Change to Win and National Farmers Union resolutions.

 

TRADE Act support:

AFL-CIO

Change to Win

Communication Workers of America

International Association of Machinists and Aerospace

Workers

International Brotherhood of Boilermakers

International Brotherhood of Electrical Workers

International Brotherhood of Teamsters

International Union of Painters and Allied Trades

United Steelworkers

UNITE-HERE

United Methodist Church General Board of Church and

Society

Friends of the Earth

Sierra Club

National Farmers Union

National Family Farm Coalition

Institute for Agriculture and Trade Policy

Americans for Democratic Action

Public Citizen

Citizens Trade Campaign

 

House Original Cosponsors:

1. Collin Peterson

2. Nick Rahall

3. John Conyers

4. Robert Brady

5. Bob Filner

6. John Murtha

7. Rosa DeLauro

8. Maurice Hinchey

9. Bill Delahunt

10. Jan Schakowsky

11. Linda Sanchez

12. Tim Holden

13. Mike Ross

14. Peter Visclosky

15. Danny Davis

16. Dale Kildee

17. Raul Grijalva

18. Lynn Woolsey

19. Peter DeFazio

20. Heath Shuler

21. Bruce Braley

22. Dave Loebsack

23. John Hall

24. Tim Ryan

25. Nancy Boyda

26. Hank Johnson

27. John Sarbanes

28. Phil Hare

29. Betty Sutton

30. Jesse Jackson

31. Dan Lipinski

32. Keith Ellison

33. Gene Green

34. Al Green

35. Hilda Solis

36. Ben Chandler

37. Carolyn Kilpatrick

38. Gwen Moore

39. Mike Doyle

40. Emmanuel Cleaver

41. Tom Allen

42. Stephen Lynch

43. Walter Jones

44. Tammy Baldwin

45. Marcy Kaptur

46. Dennis Kucinich

47. Carol Shea-Porter

48. Mazie Hirono

49. Michael Arcuri

50. Patrick Murphy

51. Steve Kagen

52. Charlie Wilson

53. Frank Pallone

 

Sponsor:

Michael Michaud

 

Senate Original Cosponsors:

1. Byron Dorgan 2. Russ Feingold 3. Bob Casey 4. Sheldon Whitehouse Sponsor: Sherrod Brown