Washington, DC…Hi, everybody. I\u2019ve talked a lot lately about why new trade deals are important to our economy. Today, I want to talk about why new trade deals are important to our values. They\u2019re vital to middle-class economics — the idea that this country does best when everyone gets their fair shot, everyone does their fair share, and everyone plays by the same set of rules.<\/p>\n
These are simple values. They\u2019re American values. And we strive to make sure our own economy lives up to them, especially after a financial crisis brought about by recklessness and greed. But we also live in a world where our workers have to compete on a global scale. Right now, on an uneven playing field. Where the rules are different. And that\u2019s why America has to write the rules of the global economy — so that our workers can compete on a level playing field.<\/p>\n
I understand why a lot of people are skeptical of trade deals. Past deals didn\u2019t always live up to the hype. They didn\u2019t include the kind of protections we\u2019re fighting for today.<\/p>\n
We have lessons to learn from the past — and we have learned them. But trying to stop a global economy at our shores isn\u2019t one of those lessons. We can\u2019t surrender to the future — because we are meant to win the future. If America doesn\u2019t shape the rules of the global economy today, to benefit our workers, while our economy is in a position of new global strength, then China will write those rules. I\u2019ve seen towns where manufacturing collapsed, plants closed down, and jobs dried up. And I refuse to accept that for our workers. Because I know when the playing field is level, nobody can beat us.<\/p>\n
That\u2019s why, when I took office, we started thinking about how to revamp trade in a way that actually works for working Americans. And that\u2019s what we\u2019ve done with a new trade partnership we\u2019re negotiating in the Asia-Pacific — home to the world\u2019s fastest-growing markets.<\/p>\n
It\u2019s the highest-standard trade agreement in history. It\u2019s got strong provisions for workers and the environment — provisions that, unlike in past agreements, are actually enforceable. If you want in, you have to meet these standards. If you don\u2019t, then you\u2019re out. Once you\u2019re a part of this partnership, if you violate your responsibilities, there are actually consequences. And because it would include Canada and Mexico, it fixes a lot of what was wrong with NAFTA, too.<\/p>\n
So this isn\u2019t a race to the bottom, for lower wages and working conditions. The trade agreements I\u2019m negotiating will drive a race to the top. And we\u2019re making sure American workers can retool through training programs and community colleges, and use new skills to transition into new jobs.<\/p>\n
If I didn\u2019t think this was the right thing to do for working families, I wouldn\u2019t be fighting for it. We\u2019ve spent the past six years trying to rescue the economy, retool the auto industry, and revitalize American manufacturing. And if there were ever an agreement that undercut that progress, or hurt those workers, I wouldn\u2019t sign it. My entire presidency is about helping working families recover from recession and rebuild for the future. As long as I\u2019m President, that\u2019s what I\u2019ll keep fighting to do.<\/p>\n
Thanks, and have a great weekend.<\/p>\n","protected":false},"excerpt":{"rendered":"
Washington, DC…Hi, everybody. I\u2019ve talked a lot lately about why new trade deals are important to our economy. Today, I want to talk about why new trade deals are important to our values. They\u2019re vital to middle-class economics — the idea that this country does best when everyone gets their fair shot, everyone does their […]<\/p>\n","protected":false},"author":1,"featured_media":3608,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_cbd_carousel_blocks":"[]","jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[20,17,1],"tags":[],"class_list":["post-3607","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-featured","category-national-news","category-news","last_archivepost"],"jetpack_featured_media_url":"https:\/\/new.thepinetree.net\/wp-content\/uploads\/2015\/04\/Fullscreen-capture-4262015-82358-AM.jpg","jetpack_sharing_enabled":true,"jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/new.thepinetree.net\/index.php?rest_route=\/wp\/v2\/posts\/3607","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/new.thepinetree.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/new.thepinetree.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/new.thepinetree.net\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/new.thepinetree.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=3607"}],"version-history":[{"count":0,"href":"https:\/\/new.thepinetree.net\/index.php?rest_route=\/wp\/v2\/posts\/3607\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/new.thepinetree.net\/index.php?rest_route=\/wp\/v2\/media\/3608"}],"wp:attachment":[{"href":"https:\/\/new.thepinetree.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3607"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/new.thepinetree.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=3607"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/new.thepinetree.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3607"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}