President Establishes Trade Enforcement Unit
Tuesday, President Obama was expected to sign an executive order creating a new government team to make sure China and others play by the rules. Obama outlined his plan to create a new Interagency Trade Enforcement Unit in his annual State of the Union speech last month to Congress. He took particular aim at China, which he accused of lavishing subsidies on its companies and not doing enough to stop counterfeiting of American goods.
Earlier this month the White House announced plans to spend 26-million dollars to hire up to 60 new people to help crack down on unfair foreign trade practices.
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