AP sources: Obama launching China trade case

By artappraiser on Sun, 09/16/2012 - 10:29pm |

By Julie Pace, Associated Press, September 16, 2012

WASHINGTON — President Barack Obama will launch a new trade enforcement case against China Monday, using the power of incumbency to counter Republican Mitt Romney's criticism that he is ceding American jobs to the Asian power.

Senior administration officials said the president will announce the new case, targeting Chinese subsidies for exports of automobiles and automobile parts, Monday during a campaign trip to Ohio. The swing state has a large manufacturing base where many blame China for depressing its industry [....]

Officials said the administration will launch enforcement action at the World Trade Organization because it says China is illegally subsidizing exports in their autos and auto parts sectors [....]

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