Rep. Nancy Pelosi's Criticism of U.S. Free Trade with China
In 1996, Rep. Nancy Pelosi criticized the bipartisan plan to give Most Favored Nation trade status to China due to the growing trade deficit and job loss for Americans. She warned about the economic devastation caused by U.S. free trade with China, which has resulted in the loss of millions of American jobs. Pelosi's concerns about China's human rights violations and job loss have been validated by reports showing the negative impact of free trade policies on American workers and communities.
Key Points
- Criticism of bipartisan plan to give Most Favored Nation trade status to China
- Warning about growing trade deficit and job loss for Americans
- Validation of concerns about China's human rights violations and economic impact