Senate Democrats Seek to Outdo Trump on Trade<br />“For too long, big corporations have dictated how trade deals<br />and foreign acquisitions are negotiated and the American worker has been left without a seat at the table.”<br />Other proposals break new ground, like an American Jobs Security Council to review foreign investments in American companies.<br />WASHINGTON — Senate Democrats on Wednesday began an effort to outdo President Trump<br />on a signature issue: protecting American workers from foreign competition.<br />Senate and House Democrats last month started an effort to highlight the party’s economic policy proposals under the slogan “A Better Deal.” The first round of proposals includes a $15 federal minimum wage, strengthened antitrust enforcement<br />and measures to hold down prices for pharmaceuticals.<br />But Mr. Schumer sought to draw a distinction between Democrats and Mr. Trump.<br />It is modeled on an existing body that prevents investments<br />that undermine national security; the new body would be responsible for preventing “detrimental economic impacts.”<br />As an example, the plan says the council could have blocked the proposed purchase of the Chicago Stock Exchange by Chinese investors.
