Stabroek News

On trade and taxes, U.S. Democratic presidenti­al rivals offer differing views

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LOS ANGELES, (Reuters) - Seven Democratic U.S. presidenti­al contenders squared off on the debate stage in Los Angeles yesterday, offering viewers their different takes on issues including taxes and trade.

Here are some of the top moments from the candidates seeking their party’s nomination to challenge Republican President Donald Trump in November 2020.

TRADE DEAL DRAWS SUPPORT AND OPPOSITION

Divisions soon emerged over a new North American trade deal approved by the U.S. House of Representa­tives on Thursday. Progressiv­e Senator Bernie Sanders said he opposed the pact, while moderate and fellow Senator Amy Klobuchar said she would vote for it.

The House approved the United States-Mexico-Canada Agreement (USMCA) with bipartisan support. Trump declared victory after its House passage, while Democratic leaders said it was an improvemen­t over the current North American Free Trade Agreement (NAFTA) because it granted improved rights for workers.

Sanders reminded the audience that he also voted against NAFTA, unlike some other candidates on stage. The senator from Vermont said while the new trade deal was a modest improvemen­t over NAFTA, it would not stop U.S. companies outsourcin­g American jobs overseas.

“It is not going to stop corporatio­ns going to Mexico,” Sanders said. “What we need is a trade policy that stands up for workers, stands up for farmers.”

Sanders added that the new deal never mentioned climate change, which he called an “outrage.” When the deal reaches the Senate, Sanders said he will not vote for it.

Klobuchar, from Minnesota, said she would be voting for it. “I believe we have change with this agreement,” she said, adding that it contained improved labor and environmen­tal standards.

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