Trade

Congressman Brad Sherman (D-CA) today released the following statement on the planned consideration of the South Korea-U.S. Free Trade Agreement:

Congress should reject the pending FTA with South Korea. It is likely that the United States would be opened up to North Korean goods under the agreement's liberal rules of origin.

Goods with up to 65 percent non-South Korean content can enter the United States with preferential, often duty free, treatment under this agreement. Nothing in this agreement prevents that foreign content from being North Korean.

[Washington, DC] – Congressman Brad Sherman (D-CA), who chairs the House Foreign Affairs Subcommittee on Terrorism, Nonproliferation and Trade issued the following statement concerning the proposed U.S. – South Korea Trade Pact:

"It's all well and good to increase exports, but not if we increase imports by an even larger amount. Every trade pact increases American employment in some industries, and costs jobs in other industries."

WASHINGTON – In a 23 to 22 vote, the House Foreign Relations Committee passed House Resolution 252, officially recognizing Armenian Genocide.

"If we hope to stop future genocides we need to admit to those horrific acts of the past. When Hitler had to convince his cohorts that the world would let them get away with it, he turned to them and said, ‘Who today speaks of the annihilation of the Armenians?'," said Sherman. "The last act of any genocide is genocide denial, and the first act of preventing the next genocide is to acknowledge past acts of genocide."

Washington, D.C. - Congressman Brad Sherman (D-Sherman Oaks) hosted a telephone town hall yesterday evening, fielding questions from a number of the thousands of constituents who participated from the comfort of their own homes.

Washington, D.C. - Congressman Brad Sherman followed-up on a brief conversation with President Obama on Monday evening and on a letter he sent Tuesday, sharing his concerns about a proposed communique to be issued by the G-20 nations and its impact on congressional discretion.

Washington, D.C. - Congressman Brad Sherman (D-Sherman Oaks) hosted a telephone town hall yesterday evening, fielding questions from a number of the thousands of constituents who participated from the comfort of their own homes.

Washington, D.C. - Congressman Brad Sherman (D-CA) announced today that he has introduced the Export Control Improvements Act, H.R. 6828. As Chairman of the House Foreign Affairs Subcommittee on Terrorism, Nonproliferation and Trade, Congressman Sherman has held a number of hearings on the need to keep dangerous technologies out of the hands of our enemies. This new legislation will improve national security by targeting the trade routes that proliferators exploit.

Washington, D.C. - Today, the House of Representatives passed bipartisan legislation, originally introduced by Congressman Brad Sherman, Chairman of the House Foreign Affairs Subcommittee on Terrorism, Nonproliferation and Trade. This legislation's aim is to help modernize the federal government's export control policy by strengthening national security and helping American companies sell more defense hardware overseas to our allies.