Obama launches new China trade action
WASHINGTON — President Barack Obama is launching a new trade enforcement case against China as he seeks an advantage over Republican rival Mitt Romney on an economic issue that has become a flashpoint in the presidential campaign.
Senior administration officials said Obama will announce the new action, targeting Chinese subsidies for exports of automobiles and automobile parts, Monday during a campaign trip to Ohio. The swing state has a large manufacturing base where many blame China for depressing its industry. The officials requested anonymity because they were not authorized to discuss the trade action publicly ahead of the president.
Obama's announcement comes as both campaigns have pushed China — and the economy — to the forefront of the White House race as they seek to refocus after a week dominated by foreign policy and the turbulent events at U.S. embassies throughout the Middle East.
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