President Barack Obama and his associates have responded to every attack on their trade agenda from Senator Elizabeth Warren by claiming she throws around empty rhetoric, disconnected to the realities of the world. Monday morning, Warren’s office released a report that reverses the positions. In Warren’s view, the president is the one spinning the facts.

The report from the Massachusetts Democrat, “Broken Promises,” looks at labor standards in two decades’ worth of free trade agreements (FTAs). Almost all of them were touted as granting unique protections to workers abroad. And all of them failed to live up to those commitments because the high standards went unenforced and ignored. The report shows that the sad legacy is this: Our trade partners employ child workers and forced labor, threaten and even kill people for wanting to join a union, and let virtually every perpetrator of worker violence and abuse get away with it.

Warren’s report doesn’t suggest any alternatives to the current broken process. But it’s implicit from the evidence. There’s no way currently for workers to challenge FTA violations in a legitimate way. This directly impairs efforts to balance trade and ensure equal competition. A company that can’t exploit workers in America can move their capital to a trade partner and employ child labor or slaves while still exporting their goods with no tariffs. The lack of enforcement creates a race to the bottom.

Politically, the report speaks directly to a question of trust that has plagued the administration on trade. They have been damaged by the sense that they want to push through a largely secret agreement on the Trans-Pacific Partnership (TPP), and this report suggests the claims made to sell it are unreliable. This likely won’t impact the vote in the Senate, but in the House, where Warren’s opinion matters, it could sway Democrats on the fence who hold the key to passage of the Obama trade agenda. Lyndon Johnson was done in on Vietnam by a credibility gap between his pronouncements and the facts. With this report, Warren has widened the White House’s economic credibility gap.

As I wrote for TNR last month, since NAFTA, leaders pushing trade deals highlighted robust labor safeguards, bringing competition between domestic and foreign workers onto more equal footing. Warren’s staff assembled a collection of eerily similar quotes boasting about labor standards. “The first agreement that ever really got any teeth in what another country had to do with its own workers,” President Bill Clinton said about NAFTA in 1993. “The strongest labor and environmental protections ever negotiated,” said then-U.S. Trade Representative Rob Portman about the Central American Free Trade Agreement (CAFTA) in 2005. President George W. Bush negotiated, and Obama signed FTAs with Peru, Colombia, Panama, and South Korea that had “unprecedented,” “strong,” and “groundbreaking” protections.