US EditionWILD: 1990's Pelosi sounds like a MAGA radical...
- In 1996, Nancy Pelosi opposed granting China Most Favored Nation status, arguing it negatively impacted U.S. jobs and the economy, citing a $34 billion trade deficit with China at that time.
- Pelosi emphasized that trade policies enriched the Chinese regime, enabling human rights abuses, alongside significant job losses in U.S. manufacturing.
- A 2018 Economic Policy Institute report noted that trade with China eliminated 3.4 million U.S. jobs between 2001 and 2017, with California, Texas, and New York affected the most.
- Pelosi criticized Donald Trump's tariffs, stating they could harm American families and disrupt the economy, reflecting concerns she voiced in the 1990s.
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Nancy Pelosi in 1996 Assails U.S. Free Trade with China: 'Is This Reciprocal?'
In 1996, on the House floor, Rep. Nancy Pelosi (D-CA) assailed a then-bipartisan plan to give Most Favored Nation (MFN) trade status to China, arguing that while the U.S. has low tariffs on China-made goods, China has high tariffs on American goods. While debating opening U.S. free trade with China by giving the communist country... The post Watch: Nancy Pelosi in 1996 Assails U.S. Free Trade with China: ‘Is This Reciprocal?’ appeared first on D…
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