mr. speaker , i rise in opposition to h.r. 4340 , the bahrain trade agreement .  although our trade with bahrain is limited , this agreement is a symptom of what is wrong with our nation 's trade policies .  i firmly believe that we should have a thorough review of the impact of these free trade agreements so that we can create a national trade policy that protects the american manufacturing industries .  we need an american trade policy that encourages the export of american manufactured goods , not our american manufacturing jobs .  mr. speaker , that is why i have introduced h.r. 4407 , a bill to impose a 2-year moratorium on negotiating or conclusion of any additional free trade agreements .  as our trade deficit continues to set new records , we should call a `timeout ' on this headlong rush into these free trade agreements .  our current domestic trade policy encourages the closing down of american factories and moving them overseas , usually to a country where wages are low and environmental standards are lower .  this race to the bottom has real consequences , and it 's time to stop negotiating bad trade deals that make american jobs our leading export .  for years , the american people have been promised that bilateral and regional trade agreements would throw open the doors of international markets eager for american goods .  however , in the 10 years following passage of the north american free trade agreement ( nafta ) , which i opposed , millions of american jobs have been lost , threatening entire industries that were once bedrocks of this country .  and china and japan continue to manipulate their currencies without any significant pressure from our government , tilting an already uneven playing field further away from america .  nearly three million manufacturing jobs have been lost since the bush administration took office in 2001 .  in 2004 , the united states had a record $ 162 billion deficit on goods trade with china and a $ 617 billion trade deficit on goods and services worldwide .  eliminating tariffs and allowing companies to exploit foreign labor has destroyed entire american industries and has resulted in the highest american trade deficit ever , placing america at a huge economic disadvantage .  mr speaker , our current trade policies have failed the american worker and the average american family .  we can not continue to the hemorrhaging of our manufacturing jobs and expect our economy to be strong .  mr. speaker , i urge my colleagues to vote no on this free trade agreement with bahrain , and any free trade agreements in the future , until we can create an american trade policy that is in the best interests of the american people .  