Sen. Hatch Issues Statement on Finance Hearing Examining the President’s Trade Policy Agenda, Fiscal 2018 Budget Request
"Good morning and welcome to today's hearing, during which we will discuss our nation's trade policy agenda as well as the FY2018 budget request for the
"Thank you,
"You have been in office for little more than one month, and we already have seen quite a bit of you here in the
"Members of this committee are looking forward to inquiring about and discussing that agenda today.
"As required by law, USTR issued its trade agenda report in March. Unfortunately, due to unnecessary and politically-motivated delays to
"Now that
"Like I said,
"That's a good thing.
"The number one goal for the administration must be to build and maintain a healthy economy for American businesses, workers, and families. And that requires a trade policy that not only increases economic opportunities for American companies and consumers, but also holds foreign nations accountable when they abuse the system.
"With that in mind, let me offer one piece of advice to the administration: When tackling trade challenges, you should stay focused on trade.
"That might sound obvious, but, believe me, some tend to disregard that particular piece of advice.
"I was very critical of the last administration for using American negotiating leverage to push a social agenda that was often more concerned with labor, environment, public health and other polices, than with improving the trade policy of our trading partners.
"I hope that this administration, in contrast, will keep America's trade policy focused on trade.
"I would be similarly concerned with the use of national security tools to achieve trade policy goals if doing so would risk undermining our national security capabilities. The president bears the responsibility for managing significant national security threats from
"Just as all national security options must remain on the table to address security threats, we must use the full range of trade policy tools to hold foreign nations accountable.
"I expect and am confident that this administration will aggressively pursue enforcement at the
"
"For example,
"
"Of course, ensuring that our trading partners follow the rules is only part of the equation. Establishing those rules also is in our national interest.
"Toward that end, the upcoming negotiations with
"Looking further ahead, the administration must build upon a stronger North American base to expand opportunities for American businesses, consumers, and workers in the
"The administration is focused on addressing global trade imbalances, and history has demonstrated that the best way to address those imbalances is through
"Currently,
"Long story short, the best way to ensure a strong
"That is what I believe
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