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Wednesday, March 14, 2012

Obama Announces Trade Case Against China, Says US Workers Must Have 'Fair Shot'

President Obama announced a new trade case against China Tuesday, accusing the country of messing with the global marketplace by imposing unfair restrictions on key exports used to make everything from high-tech batteries to flat-screen TVs.

Obama, stressing a tough-on-China approach in an election year, said his administration brought the case so American workers would have a "fair shot in the global economy."

The president claims that China's restrictions on exports of materials known as rare earth have made it difficult for American companies to build the technology that uses those materials.

"We want our companies building those products right here in America, but to do that American manufacturers need to have access to rare earth materials which China supplies," Obama said.

2 comments:

Anonymous said...

More proof that everything thing that comes from this imposters mouth is a lie. China isn't the problem. The reason we can't compete is our own federal governments regulations, restrictions, mandates and taxes. Get the communists out of power and maybe we will have a fair shot.

Anonymous said...

we'll soon see all sorts of promise come to fruition. It's an election year...rendering all statements untrue.