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admin 06/30/2009 3:00 PM
Issue Homepage - Globalization and Trade
PRESIDENT OBAMA: ACTIONS IN OFFICE
Has not announced plans to expand trade
Has said that he would still like to renegotiate NAFTA to include labor and environmental standards, but has not made this a top priority
Economic stimulus law contains a "Buy American" provision for stimulus funds, but Pres. Obama says it will be enforced in a manner "consistent with international trade obligations."
Most oppose expanding free trade, and most voted against CAFTA
Democratic leaders have not brought trade agreements with Colombia or South Korea to a vote
However, about half of Congressional Democrats did support a recent free trade agreement with Peru, saying the agreement included appropriate labor and environmental standards
Nearly all supported retaining a "Buy American" provision for stimulus projects, but enforcing it "in a manner consistent with international trade obligations"