“For decades the Clintons have sold out to the special interests and pushed terrible trade deals that have decimated our jobs in Colorado and all across the country. Now Hillary wants to pass the job-killing TPP, shut down American energy, close family farms and ranches through EPA regulation, abolish 2nd amendment freedoms, and tax and regulate Colorado companies out of existence. Today, Mr. Trump will talk with the voters of Colorado about how he is going to reverse these disastrous trade policies, stop the exporting of our jobs overseas, protect Coloradans’ liberties, and put America first again.” – Stephen Miller, National Policy Director
Hillary’s TPP Will Do Even More Damage
Colorado has suffered from the Clinton policies that sent our jobs and factories to other countries.
Colorado lost more than 100,000 manufacturing jobs since Clinton’s NAFTA and China trade deals went into effect. The Department of Labor’s Trade Adjustment Assistance (TAA) program certifies more than 94,000 Colorado jobs have been destroyed by offshoring or surging imports since NAFTA. These numbers are a significant undercount as TAA only covers some, but not all, jobs lost to trade.
Colorado ranchers lost out too. U.S. exports to Canada and Mexico of cattle –Colorado’s top agriculture product – fell 59 percent in the first 22 years of NAFTA.
Hillary Clinton supported the “new, improved” Korea trade deal and said it would create more exports and more jobs. In reality, the U.S. trade deficit with Korea surged $15.4 billion (99 percent). The increase in the U.S. trade deficit with Korea equates to the loss of more than 102,500 American jobs in the first four years of the deal.
After the Korea Free Trade Agreement, the U.S. trade deficit with Korea in the top ten products that Colorado exports to Korea – including everything from metal manufacturing to machinery– exploded 69 percent as exports stagnated and imports rose.
In the first four years of the Korea Free Trade Agreement, U.S. exports to Korea of corn and wheat – two of Colorado’s top four agricultural products – plummeted 57 percent and 5 percent respectively compared to the annual average of the four years before the Free Trade Agreement.
The Trans-Pacific Partnership (TPP) that Hillary supports will kill many more Colorado jobs and expose Colorado to costly litigation.
The TPP would destroy lives in Colorado and across the country.
Hillary Clinton supports the TPP. Donald Trump will kill the TPP.
The TPP grants special rights to 455 foreign corporations to sue Colorado before secret international tribunals. These panels can require Colorado’s taxpayers to pay unlimited sums for the corporations’ loss of expected future profits. These foreign corporations need only convince the lawyers that a U.S. or Colorado law violates their TPP rights. Their decisions are not subject to appeal and the amount they can award has no limit.