AFL-CIO: U.S.-China deal fails to address workers rights, cheating

WASHINGTON, D.C. (Jan. 17, 2020) — The following statement from AFL-CIO President Richard Trumka was issued Thursday regarding the trade deal with China signed on Wednesday:

There is precious little in this deal that addresses China’s long-standing denial of basic labor rights. The deal also fails to address the worst aspects of China’s cheating — massive subsidies to its domestic companies and the predatory practices of its state-owned enterprises, which have cost millions of U.S. jobs and gutted our manufacturing base. And it lacks a mechanism for the United States to address the persistent currency misalignment between the dollar and the renminbi. Finally, it is another giveaway to Wall Street and Big Pharma and prioritizes new protections for companies that move to China, creating even more incentives for outsourcing.

It seems some progress has been made, but the devil is in the details — and it’s important to remember that China has made and failed to honor similar commitments in the past.

Short URL: https://www.thestand.org/?p=83017

Posted by David Groves on Jan 17 2020. Filed under NATIONAL. You can follow any responses to this entry through the RSS 2.0. Both comments and pings are currently closed.

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