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CBS NEWS/NEW YORK TIMES POLL
                                           For release: January 31, 2006
                                                                6:30 P.M.




                  FOREIGN TRADE AND THE U.S. ECONOMY
                          January 20-25, 2006


Americans agree that foreign trade is good for the U.S. economy, but
they do not believe free trade should come at the expense of domestic
industries. While 67% of Americans think the overall economic effect
of foreign trade is good, almost as many think trade restrictions are
necessary to protect American industries. Americans are progressively
less enthusiastic the lower their incomes, education levels, and
opinions of the economic condition of the country.

THE EFFECTS OF FREE TRADE ON THE ECONOMY

Nearly seven in ten Americans believe that, on balance, trade with
other countries is good for the U.S. economy. Roughly the same
percentage of Americans felt this way ten years ago.

                    EFFECTS OF TRADE ON THE ECONOMY
                           Now        10/1996
                Good       67%        69%
                Bad        20         17

Some groups are more positive about the benefits of foreign trade on
the national economy than others. Americans are more likely to see
trade as beneficial as their incomes and education levels increase.
Republicans are more likely to describe foreign trade as good for the
economy than are Democrats and Independents, and while large majority
of whites say that trade is good for the economy, only 44% of blacks
agree.

       PERCENT WHO SAY EFFECTS OF TRADE ON THE ECONOMY IS GOOD
               Total                       67%

                Education
                 Less than high school       52%
                 High school graduate        58%
                 Some college                70%
                 College graduate            80%
                 Post-graduate               84%
PERCENT WHO SAY EFFECTS OF TRADE ON THE ECONOMY IS GOOD
                   (continued)

                       Income
                        Under $50,000                          60%
                        $50-$100,000                           70%
                        Over $100,000                          82%

                       Republicans                             74%
                       Democrats                               62%
                       Independents                            66%

                       Whites                                  70%
                       Blacks                                  44%

FREE TRADE VS. TRADE RESTRICTIONS

But while Americans generally approve of trade with foreign countries,
Americans across the board do not think that free trade should come at
the expense of domestic industries. By more than two to one,
Americans say trade restrictions are necessary to protect domestic
industries from foreign competition. Although this number dipped to
56% in July of 2000, it is nearly identical to what it was ten years
ago.

                     FREE TRADE VS. TRADE RESTRICTIONS
                                        Now        7/2000                              10/1996
       Restrictions necessary           64%        56%                                 63%
       Free trade must be allowed       29         31                                  27


_________________________________________________________________________________________________
This poll was conducted among a nationwide random sample of 1229 adults,
interviewed by telephone January 20-25, 2006. The error due to sampling for
results based on the entire sample could be plus or minus three percentage
points.
CBS NEWS/NEW YORK TIMES POLL
FOREIGN TRADE AND THE U.S. ECONOMY
January 20-25, 2006

q81 On balance, do you think trade with other countries -- both buying and selling
products -- is good for the U.S. economy, or is it bad for the U.S. economy, or does it
have no effect?


                              ** TOTAL RESPONDENTS **
                                       *** Party ID ***
                             Total    Rep    Dem     Ind               Oct96d
                               %       %      %       %                 %
Good                          67      74     62      66                69
Bad                           20      16     24      20                17
No effect                      7       6      8       7                 7
DK/NA                          6       4      6       7                 7

q82 Which of the following statements comes closer to your opinion? 1. Trade restrictions
are necessary to protect domestic industries, OR 2. Free trade must be allowed, even if
domestic industries are hurt by foreign competition?

                                                                        Jul00a
Restrictions necessary       64      62     66         64               56
Free trade must be allowed   29      33     29         27               31
DK/NA                         7       5      5          9               13




                              UNWEIGHTED         WEIGHTED
Total Respondents             1229

Total Republicans             372                360
Total Democrats               388                412
Total Independents            469                456

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CBS/NYT Poll: Americans Support Foreign Trade but Favor Protectionism

  • 1. CBS NEWS/NEW YORK TIMES POLL For release: January 31, 2006 6:30 P.M. FOREIGN TRADE AND THE U.S. ECONOMY January 20-25, 2006 Americans agree that foreign trade is good for the U.S. economy, but they do not believe free trade should come at the expense of domestic industries. While 67% of Americans think the overall economic effect of foreign trade is good, almost as many think trade restrictions are necessary to protect American industries. Americans are progressively less enthusiastic the lower their incomes, education levels, and opinions of the economic condition of the country. THE EFFECTS OF FREE TRADE ON THE ECONOMY Nearly seven in ten Americans believe that, on balance, trade with other countries is good for the U.S. economy. Roughly the same percentage of Americans felt this way ten years ago. EFFECTS OF TRADE ON THE ECONOMY Now 10/1996 Good 67% 69% Bad 20 17 Some groups are more positive about the benefits of foreign trade on the national economy than others. Americans are more likely to see trade as beneficial as their incomes and education levels increase. Republicans are more likely to describe foreign trade as good for the economy than are Democrats and Independents, and while large majority of whites say that trade is good for the economy, only 44% of blacks agree. PERCENT WHO SAY EFFECTS OF TRADE ON THE ECONOMY IS GOOD Total 67% Education Less than high school 52% High school graduate 58% Some college 70% College graduate 80% Post-graduate 84%
  • 2. PERCENT WHO SAY EFFECTS OF TRADE ON THE ECONOMY IS GOOD (continued) Income Under $50,000 60% $50-$100,000 70% Over $100,000 82% Republicans 74% Democrats 62% Independents 66% Whites 70% Blacks 44% FREE TRADE VS. TRADE RESTRICTIONS But while Americans generally approve of trade with foreign countries, Americans across the board do not think that free trade should come at the expense of domestic industries. By more than two to one, Americans say trade restrictions are necessary to protect domestic industries from foreign competition. Although this number dipped to 56% in July of 2000, it is nearly identical to what it was ten years ago. FREE TRADE VS. TRADE RESTRICTIONS Now 7/2000 10/1996 Restrictions necessary 64% 56% 63% Free trade must be allowed 29 31 27 _________________________________________________________________________________________________ This poll was conducted among a nationwide random sample of 1229 adults, interviewed by telephone January 20-25, 2006. The error due to sampling for results based on the entire sample could be plus or minus three percentage points.
  • 3. CBS NEWS/NEW YORK TIMES POLL FOREIGN TRADE AND THE U.S. ECONOMY January 20-25, 2006 q81 On balance, do you think trade with other countries -- both buying and selling products -- is good for the U.S. economy, or is it bad for the U.S. economy, or does it have no effect? ** TOTAL RESPONDENTS ** *** Party ID *** Total Rep Dem Ind Oct96d % % % % % Good 67 74 62 66 69 Bad 20 16 24 20 17 No effect 7 6 8 7 7 DK/NA 6 4 6 7 7 q82 Which of the following statements comes closer to your opinion? 1. Trade restrictions are necessary to protect domestic industries, OR 2. Free trade must be allowed, even if domestic industries are hurt by foreign competition? Jul00a Restrictions necessary 64 62 66 64 56 Free trade must be allowed 29 33 29 27 31 DK/NA 7 5 5 9 13 UNWEIGHTED WEIGHTED Total Respondents 1229 Total Republicans 372 360 Total Democrats 388 412 Total Independents 469 456