Subscribe free to our newsletters via your
. Space Industry and Business News .




TRADE WARS
Obama mocks Romney's get tough with China vow
by Staff Writers
Bowling Green, Ohio (AFP) Sept 26, 2012


President Barack Obama Wednesday mocked Mitt Romney's get tough with China rhetoric, saying his foe's record of making money in China meant he would be like a fox guarding a chicken coop.

Obama and Romney clashed on trade with the giant Asian economy at dueling political events in Ohio, a key midwestern swing state which has seen thousands of blue collar jobs migrate to low cost economies abroad, including China.

"He's been talking tough on China," Obama said of his White House challenger at an event in the college town of Bowling Green.

"He says he's going to take the fight to them; he's going to go after these cheaters," Obama said, before accusing Romney of spending years investing some of his money in US firms that outsourced jobs to China.

"When you hear this newfound outrage, when you see these ads he's running promising to get tough on China, it feels a lot like that fox saying, 'You know, we need more secure chicken coops.'"

"I mean, it's just not credible."

Romney hit northern Ohio as part of a bus tour and renewed his vow to stop China from stealing American jobs with unfair trade practices as he wooed blue-collar workers and business owners.

He lambasted Obama for failing to prevent the loss of 582,000 manufacturing jobs in the past four years and placed much of the blame for the industry's decline on "competition from overseas, which is often unfair."

"From day one I will label China as a currency manipulator," Romney told supporters gathered in a spring wire plant in suburban Cleveland.

"They must not steal jobs."

Obama however touts a string of complaints and actions he has leveled against China at the World Trade Organization, including a case against Chinese auto and auto parts subsidies that he unveiled in Ohio last week.

In a new web video, the Obama campaign accused Romney of investing in YouKu, the Chinese equivalent of YouTube, which it described as a haven for stolen US videos and of backing a Chinese firm accused of pirating Microsoft software.

"If Romney really wanted China to stop stealing, why would he send them his money?" the ad's narrator asked.

.


Related Links
Global Trade News






Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle








TRADE WARS
Workers protest at Italy steel mill facing closure
Rome (AFP) Sept 26, 2012
Workers staged a new protest Wednesday against the proposed shuttering of the ILVA steel mill in southern Italy, which has been accused of generating massive pollution and causing high cancer rates. Protesters climbed a blast furnace and occupied a 60-metre (almost 200 feet) high platform at the mill, the largest in Europe, in the latest twist in a saga that has divided the poor city of Tara ... read more


TRADE WARS
Northrop Grumman Completes Field Installations of New B-2 Radar System

Setback for Lynas rare earths plant

Retailers to add radical 'focus later' camera

New California Law Boosts Sustainable Materials Industry

TRADE WARS
Northrop Grumman Awarded Contract to Extend BACN Communications Connectivity to the Tactical Edge

Hughes Awarded Custom SATCOM Solutions Contract by GSA

4 SOPS begins testing newest AEHF satellite

SES Government Solutions Awarded Custom Satellite Solutions Contract in the US

TRADE WARS
California Governor Signs the Spaceflight Liability and Immunity Act

Processing is underway with the next Automated Transfer Vehicle to be orbited by Arianespace

Fueling underway with the Galileo satellites for next Soyuz launch from French Guiana

SpaceX, NASA Target Oct. 7 Launch For Resupply Mission To Space Station

TRADE WARS
Northrop Grumman to Improve Performance of MEMS Inertial Sensors for DARPA

Lockheed Martin Delivers Propulsion Core for the First GPS III Satellite

China launches another 2 navigation system satellites

Improved positioning indoors

TRADE WARS
Poland seeking 70 new military helicopters: PM

US Army Awards Lockheed Martin Apache M-TADS/PNVS Performance Based Logistics Contract

Boeing Receives Contract for 11 P-8A Poseidon Aircraft

Argentina, Venezuela to build trainer jet

TRADE WARS
Japan Inc. comes together to save Renesas: report

Optical Waveguide Connects Semiconductor Chips

Single-atom writer a landmark for quantum computing

Supercomputer breakthrough for Australian team

TRADE WARS
China may toughen laws on 'illegal' mapping: state media

Radar altimetry gains altitude in Venice

Knight Foundation invests to accelerate data projects

First Images from SPOT 6 Satellite

TRADE WARS
Remarkable enzyme points the way to reducing nitric acid use in industry

Solving the stink from sewers

Measuring mercury levels: Nano-velcro detects water-borne toxic metals

Indonesian lives risked on 'world's most polluted' river




The content herein, unless otherwise known to be public domain, are Copyright 1995-2014 - Space Media Network. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement