US to step up trade pressure on China: Obama
WASHINGTON: US President Barack Obama said Tuesday he would step up pressure on China and other countries that unfairly...
WASHINGTON: US President Barack Obama said Tuesday he would step up pressure on China and other countries that unfairly subsidize exports and ship pirated goods to the United States.
In an ambitious push to rebuild the US manufacturing sector, Obama said his administration would launch a new unit dedicated to stopping unfair trade practices by rival economies.
"I will not stand by when our competitors don't play by the rules," Obama said in his annual State of the Union address.
"It's not right when another country lets our movies, music, and software be pirated. It's not fair when foreign manufacturers have a leg up on ours only because they're heavily subsidized."
Obama told Congress he would establish a new Trade Enforcement Unit "charged with investigating unfair trading practices in countries like China."
"There will be more inspections to prevent counterfeit or unsafe goods from crossing our borders," he added.
The threat of a tougher crackdown on unfair trade came as part of a new White House push to shore up American manufacturing and create jobs in the country.
Obama said his administration had already stepped up trade actions China and other countries to protect US goods producers.
In recent months the administration has launched investigations or sought to implement protective tariffs on wind towers, solar cells, a wide range of steel products, garlic, and other goods from China.
Meanwhile the government has attacked Chinese barriers to US exports like luxury cars and chicken meat. (AFP)
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