Clinton, Obama on trade

April 18, 2008 3:31:32 PM PDT
All this week we will be taking a closer look at where Hillary Clinton and Barack Obama stand on crucial issues.Both Democrats are talking tough on trade, trying to win voters, who believe agreements like NAFTA have meant low wages and jobs shipped overseas.

Hillary Clinton and Barack Obama have both thrown punches on trade.

Clinton points to reports that an Obama advisor told Canadian officials Obama wouldn't really overhaul NAFTA. Obama argues she's flip-flopped, that her schedules as first lady show she originally supported the current controversial agreement.

Looking ahead, they have very similar plans. Both would end tax breaks for companies that outsource jobs overseas. Both think agreements need to be more supportive of American workers. Both also want tougher inspections and penalties for violations like tainted toys, poisoned toothpaste and toxic fish.

The main difference is Obama says NAFTA should be reviewed, but not scrapped.

"I think it would be too disruptive for us to eliminate NAFTA, but I do think not just NAFTA, but any trade deal; we should examine and see how we can strengthen the labor, environment standards, and safety standards," Senator Obama said.

Clinton not only wants a time out on all new trade agreements, she advocates more drastic action on NAFTA.

"I think I know what it's going to take, including threatening to withdraw from NAFTA in order to get those changes made," Senator Clinton said.

You can read more about each candidate's plans by clicking on the links listed below:

Barack Obama's trade plan

Hillary Clinton's trade plan