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I would adapt to their -- right now representative Bill Owens with -- Democrat from New York we've spoken before I was speaking again.
-- at this -- about robot president Obama's import regulations.
If you could first explain to everyone what the regulations are and then we'll talk about why.
-- thanks Tracy.
The regulations were talking about here for foreign trade zones.
Which would designed to allow.
-- to be brought in this that are not technically imported into the United States.
And then shipped back out of the United States.
The regulations involved here are requiring in effect.
These -- these -- that are doing business in foreign trade zones receive.
-- pre approval that pre approvals gonna take 9220.
Days when the goods are not coming into the United States in any event and this really goes contrary to the whole scheme.
Of what a foreign trade zone is and how it operates.
It's great and that's a part I think I'm presuming that -- I think you're completely against so these foreign trade zones are not subject to custom tariffs.
And there near the ports of entry into the United States port of Albany I presume is the one that's near and dear to your -- You and representative Jim Brady from Texas both both wrote to Treasury Secretary Tim Geithner.
Warning that this could be extremely dangerous why is it because of the ninety day windows server.
It's really because of the ninety day window so if you're doing a project you need to get the goods into the country as quickly as possible and and begin processing them.
Let me just tell you that.
Albany is not the closest port actually we have one in Champlain New York I'm sorry we also have won over in Watertown and we have to others in the district.
I've been working with foreign trade zones for.
-- the better part of my career because of our proximity to Canada and this is a very important element.
In recruiting companies into the United States who will employ.
Our folks so this is not a tool I -- -- see taken out of -- All of our ability.
You know it's interesting because you know on one hand we -- we promote.
The fact that we aren't -- and members of the global economy and yet.
When you Furyk when he did something like this it seems to mean that you put a fence up around the United States -- -- basically saying.
Don't let this stuff then.
And that's right and it doesn't make any sense because clearly these foreign trade zones have been in place for well over thirty years.
There's no problem that I'm aware of with the product coming into the United States inappropriately -- illegally.
So unless there's a problem I think this is one of those situations where -- -- broke don't fix it.
-- where are we Sarah -- and representative Brady submitted this letter to the Treasury Secretary.
Now what happened.
Well we haven't heard back from the Treasury Secretary is yet.
I can tell you that a couple of other instances.
We've had some pretty good success in pushing back regulations.
We came out strongly when.
The EPA was gonna treat milk -- there's oil and Tar -- and we came out strongly on behalf of the manufacturers association when they were gonna strange.
The noise regulations.
And what we did basically was say tell us what's wrong before you move forward when we asked that question.
The agencies actually backed off I'm hoping that's what happens here.
Marjorie -- employ about 333000.
This a jobs issue do -- -- Absolutely virtually every one of these items is -- job issue.
There's almost nothing that you can't touch today that doesn't have either -- positive or negative impact on jobs.
Okay so are you keep fighting the good fight I know we have to lets you go and I'm glad you brought this to our attention what people do actually if they are concerned about this.
Well this is something that we could use a lot of help from our colleagues in congress on.
So if they could communicate to their member of congress that they're concerned about this and the potential negative impact on jobs that would be real helpful if.
Senate Bill Owens in New York thank you so much of bringing -- to our attention -- Thank you take care utility.
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