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POTUS announces 'Trade Enforcement Unit'

By Josiah Ryan - 01/24/12 10:33 PM ET

Placing some blame for the sustained economic recession on unfair global trade practices in countries like China, President Obama announced the creation of a "Trade Enforcement Unit" in his State of the Union address Tuesday night that would be  tasked with investigating unfair trade practices like currency manipulation.

"There will be more inspections to prevent counterfeit or unsafe goods from crossing our borders," said the president, naming China as a prime target of the unit's work. "This Congress should make sure that no foreign company has an advantage over an American."

Expect criticism from Senate Republicans who repeatedy accused Obama Tuesday morning of turning to "big government" to solve the economic crisis. 


Source:
http://thehill.com/blogs/floor-action/house/206311-potus-announces-trade-enforcement-unit

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