Economy

October 3, 2013

Obama urged to slow down on Pacific Rim trade deal

As President Barack Obama heads to Bali this weekend to tout more global trade with Asia, critics today delivered a very different message: Slow down. Larry Cohen, president of the Communication Workers of America, worried how the U.S. can do more business with Vietnam. “The typical wage in Vietnam, as we speak, is 25 cents an hour --- so here we go again,” Cohen told reporters in a conference call. Democratic Rep. Rose DeLauro of Connecticut said she fears a new trade pact aimed at increasing exports to the Pacific Rim will instead deliver a flood of imported seafood to the U.S. And she noted that the U.S. has had to deny imported seafood from Vietnam in the past because it was contaminated. “I get very, very concerned and scared . What it will do is further jeopardize food safety,” she told reporters.

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