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Obama vows to be tougher on trade with China
4 Feb 2010, 0012 hrs , AGENCIES
WASHINGTON: US President Barack Obama vowed on Wednesday to be "much tougher" with China on enforcing trade rules.
"The approach that we are taking is to try to get much tougher about enforcement of existing rules," Obama said, at a meeting with Senate Democrats in Washington.
He said what was needed was "putting constant pressure on China and other countries to open up their markets in reciprocal ways.
"One of the challenges we have got to address internationally is currency rates, and how they match up to make sure that our goods are not artificially inflated in price and their goods are articifically deflated in price."
4 Feb 2010, 0012 hrs , AGENCIES
WASHINGTON: US President Barack Obama vowed on Wednesday to be "much tougher" with China on enforcing trade rules.
"The approach that we are taking is to try to get much tougher about enforcement of existing rules," Obama said, at a meeting with Senate Democrats in Washington.
He said what was needed was "putting constant pressure on China and other countries to open up their markets in reciprocal ways.
"One of the challenges we have got to address internationally is currency rates, and how they match up to make sure that our goods are not artificially inflated in price and their goods are articifically deflated in price."
