Thursday, May 23, 2013 | 6:46 a.m.
Hi, (not you?) | Member Center | Sign Out
Updated: 8:36 p.m. Tuesday, Feb. 28, 2012 | Posted: 7:47 p.m. Tuesday, Feb. 28, 2012
By Steve Bennish
Staff Writer
In the face of high unemployment and pressure to respond more forcefully to trade violations by nations such as China, President Barack Obama on Tuesday announced the creation of a new trade enforcement office.
In a speech to a United Auto Workers convention in Washington, Obama said the Interagency Trade Enforcement Center would bring “the full resources of the federal government to bear” to level the playing field for U.S. workers.
The White House said the goal of the office is “robust monitoring and enforcement of U.S. rights under international trade agreements, and enforcement of domestic trade laws.”
The new office will coordinate enforcement activity across several U.S. government agencies. Local companies hit by trade issues include Appleton Papers, Hayes Lemmerz, and Magnode Corp.
GOP presidential contender Mitt Romney has assailed Obama for ineffectual responses to aggressive and questionable Chinese trade practices. Ohio has lost 3,500 factories in a decade, federal records show, a loss accounting for 369,097 jobs.
Dayton City Commissioner Nan Whaley, head of a region-wide manufacturing task force, welcomed the announcement.
“Obviously, this is a step in the right direction,” she said, adding that a pending anti-currency manipulation bill should be passed by Congress. “It would have some huge effects for us,” she said.
Ohio Sen. Sherrod Brown has called on the House to pass legislation allowing penalties on currency-manipulating nations, citing a study that the trade deficit with China cost the U.S. more than 2.8 million jobs since 2001, including more than 1.9 million manufacturing jobs. Ohio Republican Sen. Rob Portman also supported a successful currency-manipulation Senate bill that passed last year.
Although a similar bill in the House has a majority 230 co-sponsors, including Rep. Mike Turner, R-Centerville, and Steve Austria, R-Beavercreek, Speaker John Boehner, R-West Chester Twp., has not allowed a vote because he said it could provoke a trade war.
In 2011, the U.S. trade deficit with China rose to a record $295.5 billion.
Advertisers & Sponsors |
© 2013 Cox Media Group. By using this website,
you accept the terms of our Visitor Agreement and Privacy Policy, and understand your options regarding Ad Choices
.
Already have an account? Sign In
{* #registrationForm *} {* traditionalRegistration_displayName *} {* traditionalRegistration_emailAddress *} {* traditionalRegistration_password *} {* traditionalRegistration_passwordConfirm *}Already have an account? Sign In
{* #registrationFormBlank *} {* registration_firstName *} {* registration_lastName *} {* traditionalRegistration_displayName *} {* traditionalRegistration_emailAddressBlank *} {* registration_birthday *} {* registration_gender *} {* registration_postalZip *} {* traditionalRegistration_passwordBlank *} {* traditionalRegistration_passwordConfirmBlank *} {* agreeToTerms *}We have sent you a confirmation email. Please check your email and click on the link to activate your account.
We look forward to seeing you frequently. Visit us and sign in to update your profile, receive the latest news and keep up to date with mobile alerts.
Don't worry, it happens. We'll send you a link to create a new password.
{* #forgotPasswordForm *} {* forgotPassword_emailAddress *}We have sent you an email with a link to change your password.
We've sent an email with instructions to create a new password. Your existing password has not been changed.
To sign in you must verify your email address. Fill out the form below and we'll send you an email to verify.
{* #resendVerificationForm *} {* resendVerification_emailAddress *}Check your email for a link to verify your email address.

You're Almost Done!
Select a display name and password
{* #socialRegistrationForm *} {* socialRegistration_displayName *} {* socialRegistration_emailAddress *} {* traditionalRegistration_password *} {* traditionalRegistration_passwordConfirm *}Tell us about yourself
{* registration_firstName *} {* registration_lastName *} {* registration_postalZip *} {* registration_birthday *} {* registration_gender *} {* agreeToTerms *}