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Angus King on Free Trade

Independent Former ME Governor

 


Develop an open North American energy market.

King signed the New England Governors' Conference resolution:

Source: NEG/ECP Resolution 25-12: Energy / NICE 00-NEGC12 on Jul 18, 2000

Foster globalization with New England & Eastern Canada.

King signed the New England Governors' Conference resolution:

  • WHEREAS, a successful Knowledge Industry Innovators� Forum resulted in the identification of issues critical to the continued development of a knowledge economy in the Northeast; and
  • WHEREAS, the Governor�s Conference is desirous of working together, in cooperation with the business community, to promote economic growth, facilitate trade flows across borders, and identify future opportunities for trade development;
  • NOW THEREFORE, BE IT RESOLVED that the Conference of New England Governors and Eastern Canadian Premiers adopt the [work plan summarized here]:
    1. Continue to focus on the development of strategies and initiatives that Premiers and Governors can undertake to grow the Northeast region�s knowledge economy.
    2. Monitor and discuss national and international trade policy, including NAFTA, WTO, and discussions regarding a free trade agreement of the Americas.
    3. Identification of border crossing impediments and strategies for addressing; including cross-border re-location of professionals, and businesses wishing to conduct business in both countries.
    4. Assess opportunities and challenges facing the Northeast energy sector.
  • BE IT FURTHER RESOLVED that the Standing Committee on Trade and Globalization seek appropriate resources to undertake a trade and infrastructure study for the region; and
  • BE IT FURTHER RESOLVED that [we commit to] continue working with innovators to profile the region�s knowledge economy sector, identify key public and private sector institutions in order to encourage the development of a strong, representative, regional network to assist Governors and Premiers in facilitating the continued development of a knowledge economy in the Northeast.
    Source: NEG/ECP Resolution 26-5: Trade & Globalization 01-NEGC5 on Aug 28, 2001

    Voted FOR reauthorizing Ex-Im Bank.

    King voted NAY Export-Import Bank Reform and Reauthorization Act

    Heritage Action summary of vote# S206: The Senate voted to table (kill) an amendment by Sen. Kirk to reauthorize the Export-Import Bank. Sen. Kirk recommends voting NO. Heritage Foundation recommends voting YES because the "Ex-Im Bank is little more than a $140 billion slush fund for corporate welfare."

    OnTheIssues explanation: Voting NO would allow a vote on reauthorization of the Ex-Im Bank. Voting YES would kill the bill for reauthorizing the Ex-Im Bank.

    Sierra Club reason for conditionally voting NO (from previous bill S.819):Sen. Shaheen's bill S.824 reauthorizes the Ex-Im Bank without undermining Obama's Climate Action Plan. The Sierra Club supports the bill because it makes both financial and environmental sense for the US and all of its taxpayer-backed financial institutions--including Ex-Im--to stop investing in dirty and dangerous fossil fuels like coal.

    Cato Institute reason for voting YES to kill the bill:The Ex-Im Bank's reauthorization buffs contend that Ex-Im fills a void left by private sector lenders unwilling to provide financing for certain transactions. Ex-Im's critics [say that] by effectively superseding risk-based decision-making with the choices of a handful of bureaucrats pursuing political objectives, Ex-Im risks taxpayer dollars. It turns out that for nearly every Ex-Im financing authorization that might advance the fortunes of a single US company, there is at least one US industry whose firms are put at a competitive disadvantage. These are the unseen consequences of Ex-Im's mission.

    Source: Supreme Court case 15-S0995 argued on Oct 19, 2015

    More business cooperation between New England & East Canada.

    King signed the New England Governors' Conference resolution:

    Source: NEG/ECP Resolution 23-7: Economic Cooperation 98-NEGC7 on Jun 9, 1998

    Other candidates on Free Trade: Angus King on other issues:
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