Obama Vows to Get Tough on Trade Enforcement, Aid Companies
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President Barack Obama vowed to get tough on unfair trade practices by nations such as China, and said the U.S. should give aid to help domestic companies compete.
Obama is creating a new trade enforcement group that would use investigators and other federal resources to combat unfair trade practices in nations including China, according to a White House briefing document released before the State of the Union speech tonight. Obama also is seeking a program to provide credit to companies competing against foreign counterparts that benefit from preferential credit from their governments.