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May 3, 2016
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tpp that would take on china as opposed to one -- the regional compact that would be with china? >> tpp is a disaster for our country. it will be worse for our country than nafta was. >> why? >> because it's going to drain our job, take so many out of the country. it will take what we have left after the disaster of nafta. one of the things that they don't even mention in tpp is the devaluation of currency. what they have done to this country through devaluation is disgraceful. we don't even cover it. it's the single biggest tool that the different countries we're talking about. china is not in the tpp but they'll come in at a later date at my opinion if the deal is great and if it's phenomenal for them. they don't talk about devaluation which is the biggest single tool. it is a disaster for our country. and it should not be signed. >> all right, donald trump, thank you for being with uth
tpp that would take on china as opposed to one -- the regional compact that would be with china? >> tpp is a disaster for our country. it will be worse for our country than nafta was. >> why? >> because it's going to drain our job, take so many out of the country. it will take what we have left after the disaster of nafta. one of the things that they don't even mention in tpp is the devaluation of currency. what they have done to this country through devaluation is...
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May 3, 2016
05/16
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CSPAN2
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its it's devaluation of the currency, especially china which isn't in the tpp but they will be because if it works out as well as people think when they rip us off china will join later on through the back door and they are watching and i guarantee you they have taught people studying that. they will comment through the backdoor by cruz actually was responsible for making sure that there is no language having to do with devaluation and that's the biggest thing they do to business. and cruz, and he won't talk about it but he's the one responsible and the senators on the list. if you look at jeff sessions his all-time most respected senator, senator jeff sessions and they talk about him at the beginning. jeff sessions is from alabama. he endorsed donald trump. he endorsed trump. that was a great endorsement. we have had so many that jeff sessions, he doesn't want to do anything about transpacific partnership. he doesn't want to do anything about the manipulation art devaluation of currency and without that focus we are going to -- this will make nafta look like a baby. we have to knock i
its it's devaluation of the currency, especially china which isn't in the tpp but they will be because if it works out as well as people think when they rip us off china will join later on through the back door and they are watching and i guarantee you they have taught people studying that. they will comment through the backdoor by cruz actually was responsible for making sure that there is no language having to do with devaluation and that's the biggest thing they do to business. and cruz, and...
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May 3, 2016
05/16
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so it's devaluation of the , currency, especially china which isn't in the tpp but they will be becauseit works out as well as people think when they rip us off china will join later on through the back door and they are watching and i guarantee you they have taught people studying that. they are going to come in through the back door at a later date. but ted cruz actually was responsible for making sure that there was no language having to do with evaluation, and and -- to do with devaluation and that's the biggest thing they do to business. and cruz, and he won't talk about it but he's the one responsible and the senators on the list. i mean, if you look at jeff sessions his all-time most respected senator, senator jeff sessions and they talk about him at the beginning. jeff sessions is from alabama. a fantastic guy. he endorsed donald trump. he endorsed trump. that was a great endorsement. we have had so many. we have had so many, but jeff sessions, he doesn't want to do anything about transpacific partnership. he doesn't want to do anything about the manipulation and devaluation of
so it's devaluation of the , currency, especially china which isn't in the tpp but they will be becauseit works out as well as people think when they rip us off china will join later on through the back door and they are watching and i guarantee you they have taught people studying that. they are going to come in through the back door at a later date. but ted cruz actually was responsible for making sure that there was no language having to do with evaluation, and and -- to do with devaluation...
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May 5, 2016
05/16
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china is not a part of tpp. tpp is a counter to china and will get them to adhere to global standards and rules. that's more reason why we should do it because they have strong rules in place. the question here is back and forth as we debate the issue. even an agreement that has high standards is only as good as the implementation and enforcement. i have concerns about governments that are not living up to the limits to limit the competitiveness my question first is how can the @min station adheres to the rules should we get it done. that's always a question that some have. how would we do that? secondly, i think we do have to make the geopolitical argument to be made. geopolitically, what happens in the region that we are so concerned about if we don't do tpp. let me ask those first. >> thank you very much, congressman. first, i think you are exactly right about the pull on countries that are outside of it including china. it so happened that i was in the region when it was concluded. the japanese were extremely excited because of their own leadership that helped bring us to that point. the next day i was in south korea. i heard when can we
china is not a part of tpp. tpp is a counter to china and will get them to adhere to global standards and rules. that's more reason why we should do it because they have strong rules in place. the question here is back and forth as we debate the issue. even an agreement that has high standards is only as good as the implementation and enforcement. i have concerns about governments that are not living up to the limits to limit the competitiveness my question first is how can the @min station...
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May 1, 2016
05/16
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MSNBCW
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because these trade deals are pushing workers' wages down. it's now cheaper to operate in mexico than it is in china. and with the wto and with tpp they're going to bring those jobs into mexico, build automobiles, assemble automobiles there and ship them into the united states duty-free. china says they plan to put $100 billion worth of auto parts into the u.s. market by 2017. that will be in violation of trade laws. we'll file trade complaints and eventually win them but will have lost the jobs. free trade is only a dream in some academic's mind. all trade is done by rules. >> let me let brian answer you. >> 375,000 net new jobs in indiana since nafta was passed. if we look around the world, the countries that are prosperous are the countries that are open to trade and investment, canadas, new zealands, singapores. it's not the north koreas and venezuelas that restrict freedom. >> i want to let you moderate this because you're sort of in the middle figuratively and literally. this is the argument that people are having, that you do have real human beings who have lost jobs and who are losing livelihoods and losing what they thou
because these trade deals are pushing workers' wages down. it's now cheaper to operate in mexico than it is in china. and with the wto and with tpp they're going to bring those jobs into mexico, build automobiles, assemble automobiles there and ship them into the united states duty-free. china says they plan to put $100 billion worth of auto parts into the u.s. market by 2017. that will be in violation of trade laws. we'll file trade complaints and eventually win them but will have lost the...
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May 5, 2016
05/16
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china. it so happened that i was in the region when tpp when the agreements concluded and i was in japan today it was concluded. the japanese are extremely excited because their own leadership had helped bring us to that point by mr. abe. the next day was in south korea and the first question i got was when can we join and after that i was in beijing. they have done at least a 90-degree turn including state party media saying oh this is something that can benefit us because they don't want to be left behind let to get and they have to raise, they have to go to the highest standards. an barman and worker protections and intellectual property so this has the potential to pull countries up, not create a race to the bottom including with china. second you asked a very appropriately about enforcement and congressman sherman brought up a very important point a moment ago, some concerns we have had with past credit agreements. i think that's a well taken point. unlike previous agreements tpp actually includes a rule, clear rule and we want to make sure that parties that are not part of tpp can't go to another country have a few things done and then have the pr
china. it so happened that i was in the region when tpp when the agreements concluded and i was in japan today it was concluded. the japanese are extremely excited because their own leadership had helped bring us to that point by mr. abe. the next day was in south korea and the first question i got was when can we join and after that i was in beijing. they have done at least a 90-degree turn including state party media saying oh this is something that can benefit us because they don't want to...