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Slaughter says it's time to chart a new course on trade

Congresswoman Louise Slaughter has introduced the Trade Enforcement and Trade Deficit Reduction Act, to change how we approach international trade.

She says the bill comes on the heels of the administration's decision to start renegotiating the North American Free Trade Agreement, NAFTA, which Slaughter voted against.

The legislation sets up an office in the Department of Commerce.

"If the balance of trade gets out of whack with one of the countries with which we have a trade agreement, We are going to do what we call "snapback" and we will not take their imports in here until they address that issue," she said.

She says the U.S. has never enforced a trade agreement, and this bill sets up the mechanism to do that.

Here's Rep. Slaughter talking about her trade bill and the deficit: