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John Neely Kennedy on Free Trade

Democratic Senate Challenger (LA)

 


TPP lacks safeguards against currency manipulation

State Treasurer John Kennedy, a Republican from Madisonville, called the lack of any safeguards against currency manipulation the Trans-Pacific Partnership's major flaw. That's the tactic deployed when a country artificially keeps low the value of its money against the American dollar, making imported American goods more expensive than domestically made ones. "If you're in doubt about something this important that affects 40 percent of the world's economy, then I say don't do it," Kennedy said.
Source: New Orleans Times-Picayune on 2016 Louisiana Senate race , Aug 10, 2016

Implement USMCA for improved North American trade.

Kennedy voted YEA USMCA Implementation Act

Summary from Congressional Record and Wikipedia:Vote to amend the North American Free Trade Agreement (NAFTA) and establish the United States-Mexico-Canada Agreement (USMCA). Rather than a wholly new agreement, it has been characterized as "NAFTA 2.0"; final terms were negotiated on September 30, 2018 by each country. The agreement is scheduled to come into effect on July 1, 2020.

Case for voting YES by Rep. Charlie Crist (D-FL); (Dec. 19, 2019)The USMCA includes stronger protections for American workers and enforceable labor standards, as well as environmental protections. It eliminates the Trump Administration's threat that the US could walk away entirely from the trade agreement with Canada and Mexico, which would devastate US jobs and our economy.

Case for voting NO by Jared Huffman (D-CA); (Dec. 19, 2019) Democratic negotiators did a lot to improve Donald Trump's weak trade deal, especially in terms of labor standards and enforcement, but the final deal did not reach the high standard that I had hoped for. The NAFTA renegotiations were a once-in-a-generation opportunity to lift labor and environmental standards across the continent--to lock in serious climate commitments with two of our largest trading partners and dramatically improve labor standards and enforcement to slow the rise of outsourcing.

Legislative outcome: Bill Passed (Senate) (89-10-1) - Jan. 16, 2020; bill Passed (House) (385-41-5) - Dec. 19, 2019; signed at the G20 Summit simultaneously by President Trump, Mexican President Enrique Nieto, and Canadian Prime Minister Justin Trudeau, Nov. 30, 2018

Source: Congressional vote 19-HR5430 on Dec 19, 2019

Other candidates on Free Trade: John Neely Kennedy on other issues:
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Cedric Richmond
Charles Boustany
Eddie Rispone
John Bel Edwards
Ralph Abraham
LA Senatorial:
Adrian Perkins
Antoine Pierce
Bill Cassidy
Charles Boustany
Foster Campbell
John Fleming
Joseph Cao
Rob Maness
Thomas Clements

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