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Wednesday, February 29, 2012

Obama Creates New Trade Office

President Obama issues an executive order creating a new trade office. The Interagency Trade Enforcement Center will be housed in the office of the U.S. Trade Representative. Ron Kirk, the top trade representative, will appoint the director of the Enforcement Center. Commerce Secretary Ron Kirk gets to appoint the deputy director. Homeland Security and the Intelligence Community will also designate staff. The center will coordinate U.S. trade rights under international agreements. And it'll monitor unfair foreign trade practices, particularly by China.

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