What was needed, they said, was not just free trade but fair trade: stronger labor protections in countries that trade with the United States, including rights to unionize and bans on child labor; improved environmental standards in these same countries; an end to unfair government subsidies to foreign exporters and nontariff barriers on U.S. exports; stronger protections for U.S. intellectual property; and—in the case of China in particular—an end to an artificially devalued currency that put U.S. companies at a perpetual disadvantage.
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