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Expected -- vote next week on three trade agreements with Colombia Panama South Korea.
While President Obama and the Republican leadership have expressed support for all of those deals organized labor and some house Democrats ramping up opposition specifically congressman Brad Sherman.
Calling for his colleagues in the Democratic Party to reject the free trade agreement with South Korea because He points out it will benefit North Korea.
Joining us now from Washington through and through -- about her opposition to these deals Lori Wallach the director public citizen's Global Trade Watch and -- Bring us up to date on the latest -- great to have you with -- Brad -- doing yeoman work here.
To assess and and discover.
Of the the loophole that would provide a Gateway for North Korea's goods.
In -- market.
This is an agreement that is a lose lose this is a trade agreement that even the official government studies.
-- will increase our trade deficit we know this upfront.
It's projected to cost about a 169000.
And there are a lot of manufacturers.
Small and medium sized businesses who are against because the agreement economically is a maps that.
On top of that there's a loophole.
That would allow goods that have up to 65%.
Of their value coming.
From North Korea.
To come into the United States around our sanctions.
As long as final assembly is in South Korea that should have been fixed it was not that's what's heading for a vote next Wednesday.
I mean -- -- 169000.
Manufacturing jobs to be lost.
With the upside down trade balance as a result and by the way providing up.
It in support to the North Korean government I can see why anyone would vote against this.
And the president seemingly of embarrassed to call for its passage.
It's the strangest situation -- you've got the president and Democrats.
Who if this passes and the Korea agreement is very close is gonna pass with almost all Republican votes and -- hand fall.
Members of the House of Representatives who are Democrats.
The coalition that against -- Is super conservative -- so for instance Ron Paul has called for members to oppose -- Because that allows the US to be student -- in the United Nations tribunal.
And allow the freshman Republicans originally said they were against until now may be there for.
This is an and and part of war -- job is to assess and understand all of the permutations of the possible.
The all of those ore swaps and in the halls of congress.
You're you're telling me that the Tea Party freshman.
Having campaigned against it.
Will be voting for it the Democrats will go against their president.
In many instances and vote against it.
This is for America is tonight.
Well here's what's gonna decide there's no decision and I would say about what the Tea Party freshman won't do they're going to decide whether or not.
We are hit with this agreement because if you take the large bloc of Democrats in the House of Representatives who are against voting against the president's.
You at the -- of more senior Republicans for whom businesses have -- get flight.
Have asked for them to oppose and they've agreed in the very large block the swing is the freshman Republicans if they've note.
Like they campaign.
Saying no to agreements that submit us to foreign tribunals.
Note to the bands -- by America that's that we can spend their tax dollars -- American morning it's.
-- to funding North Korea the thing goes down.
-- -- -- -- It's gonna pass.
-- it make such perfect sense.
For the interest of the United States and explains why the previous six free traders are treated as free trade agreements there were passed created no jobs either.
-- It's it's it's a -- -- -- thanks as always great to see a connection -- --
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