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Joni Ernst on Free Trade
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Worth the pain of tariffs to get a better deal with China
Q: The vice president said that the U.S. is not in a rush to end this trade dispute with China. There was a $12 billion bailout for farmers, to help alleviate some of this pain. Will you need another one?SENATOR JONI ERNST: I am hopeful that we will
not need another subsidy program for our farmers. Our farmers would much rather grow their goods and make sure that they are getting out to the rest of the world, absolutely. But I've done a number of farmer roundtables all across the state of Iowa.
And at the last one I held, a middle-aged farmer stood up and said, "I understand why President Trump is doing this. However, what I don't understand is why someone didn't do it sooner." So they understand.
Q: The pain is tolerable for now?
ERNST: The pain is tolerable for now. I want to see these trade deals done. I'd rather see them done sooner, rather than later, but we have to get a good deal with China or it's all for naught.
Source: CBS Face the Nation 2018 interviews of Senate leadership
, Nov 18, 2018
Tear down trade barriers in Europe & the Pacific
Let's tear down trade barriers in places like Europe and the Pacific. Let's sell more of what we make and grow in America over there so we can boost manufacturing, wages, and jobs right here, at home. Let's simplify America's outdated and loophole-ridden
tax code. So let's iron out loopholes to lower rates--and create jobs, not pay for more government spending.The President has already expressed some support for these kinds of ideas. We're calling on him now to cooperate to pass them.
Source: GOP response to the 2015 State of the Union address
, Jan 20, 2015
Keep markets open to exports for Iowa goods
Growing Iowa's Economy: Joni will fight to continue to help Iowa's economy grow--meaning an influx of even more businesses to the state and a resulting increase in jobs. She believes that by ensuring markets remain open to exports for
Iowa goods and promoting innovation that makes Iowa more competitive in today's global marketplace, Iowa will continue its current upward economic and job growth trajectory.
Source: 2014 Senate campaign website, JoniForIowa.com, "Issues"
, Sep 9, 2013
Voted YES to kill reauthorization of Ex-Im Bank.
Ernst voted YEA 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.
Congressional Summary from previous Ex-Im bill S.824; the Ex-Im Bank shall:- Provide technical assistance to small businesses on how to apply for financial assistance;
- Establish programs under which private financial institutions may share risk in loans & guarantees.
- The Bank may enter into up to $25 billion worth of contracts of reinsurance or co-finance.
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
Page last updated: Jan 08, 2019
