1. SOUNDBITE (English) Sen. Elizabeth Warren, (D) Massachusetts:
"U.S. trade policy has delivered one punch in the gut after another to workers and to the unions that fight for those workers. For decades, leaders of both parties preached the gospel that free trade was a rising tide that would lift all boats. It's great rhetoric. Except that the trade deals that they negotiated mainly lifted the yachts and they threw millions of working Americans overboard to drown." (CLAPPING)
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2. SOUNDBITE (English) Sen. Elizabeth Warren, (D) Massachusetts:
"Tomorrow, the Trump administration will likely sign a renegotiated NAFTA deal. There's no question we need to renegotiate NAFTA. The Federal Government has certified that NAFTA has already cost us nearly a million good American jobs and big companies continue to use NAFTA to outsource jobs to Mexico, to this very day. But as it's currently written Trump's deal won't stop the serious and ongoing harm NAFTA causes American workers. It won't stop outsourcing. It won't raise wages and it won't create jobs. It's NAFTA 2.0"
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3. SOUNDBITE (English) Sen. Elizabeth Warren, (D) Massachusetts:
"So the president grabs headlines railing against GM's plan to ax thousands of American jobs in Ohio and Michigan. But his actual policies aren't stopping them or stopping others like them from continuing to put corporate profits ahead of American workers. It's time for real change. We need a new approach to trade and it should begin with a simple principle, our policies should not prioritize corporate profits over American paychecks."
Massachusetts Sen. Elizabeth Warren announced her opposition to a revamped North American trade agreement with Canada and Mexico, arguing that it doesn't do enough to stop the "serious and ongoing harm NAFTA causes for American workers."
Warren, a Democrat, said in a speech Thursday that the new North American trade deal "won't stop outsourcing, it won't raise wages, and it won't create jobs. It's NAFTA 2.0."
Warren, a potential presidential candidate, said she will vote against the U.S.-Mexico-Canada agreement unless President Donald Trump revises it.
"We need a new approach to trade and it should begin with a simple principle: Our policies should not prioritize corporate profits over American paychecks," Warren said. "That should be true for NAFTA and true for every deal we cut."
Her remarks came just a day before the United States, Mexico and Canada are set to sign the replacement for the North American Free Trade Agreement at the Group of 20 summit in Buenos Aires, Argentina.
During the 2016 presidential campaign, Trump criticized NAFTA and vowed to cancel it.
Though Warren has yet to enter the 2020 race, it's clear that trade could be an animating issue then as it was in 2016 when Hillary Clinton was pushed to reject the Trans-Pacific Partnership trade pact that she supported as secretary of state.
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