I would note Senator Moreno's points were, I think, very well taken about the additional foreign direct investment, particularly in the auto industry. Senator Markey is attacking the wages paid by foreign direct investment without noting that Companies like Japan and Germany already pay wages that are at least 7% above domestic averages. I'll also point out that Section 4e of this bill already requires the review's recommendations to, quote, maintain or strengthen the labor protections of the United States. (41:05–41:13)
CLAIM
Asserts that Japanese and German companies pay wages at least 7% above U.S. domestic averages.
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