Senators Warren and Casey Press Biden's Trade Officials to Prioritize Workers
(Bloomberg) -- Democratic Senators Elizabeth Warren and Bob Casey pressed top Biden administration trade officials to prioritize the interests of workers over companies in talks on a potential new pact among Pacific nations.
Warren and Casey said in separate letters to Commerce Secretary Gina Raimondo and U.S. Trade Representative Katherine Tai that too often trade negotiations have been dominated by concerns of corporations, not workers, and they are urging the Biden administration to avoid a repeat as they negotiate the Indo-Pacific Economic Framework.
The upcoming negotiation must move these policies forward, not return the U.S. to old, failed trade policies like the Trans-Pacific Partnership, they wrote in the letters obtained by Bloomberg. We worry that IPEF could repeat the mistakes of previous trade policy and conflict with the administrations commitment to a worker-centered trade policy.
The Commerce Department said in a statement that Raimondo will consult with Congress while continuing to pursue the presidents policy agenda in a way that creates good-quality jobs and strengthens our economic relationships, while also ensuring our partners meet high standards, including strong measures on labor.
https://www.msn.com/en-us/money/markets/senators-warren-and-casey-press-bidens-trade-officials-to-prioritize-workers/ar-AAW8PyL