The Himalayan Times : Obama challenges Romney on China trade - Detail News : Nepal News Portal

Full News

Obama challenges Romney on China trade

   
  

ap

President Barack Obama speaks at Dobbins Elementary School in Poland, Ohio, Friday, July 6, 2012. Obama is on a two-day bus trip through Ohio and Pennsylvania.

ASSOCIATED PRESS

WASHINGTON: President Barack Obama is challenging Mitt Romney's vows to get tough on China, saying in a new ad that Romney "made a fortune" allowing China to take U.S. jobs.


Obama's ad seizes on a report that several businesses backed by Romney's former private equity firm transferred jobs to China and India to cut costs. The narrator says Romney is "not the solution. He's the problem."


The ad follows Obama's two-day bus tour in Ohio and Pennsylvania, where he announced the filing of a trade complaint against China at the World Trade Organization over duties on exports of U.S.-produced automobiles.


The ad is part of a larger $25 million ad buy in July and will run in New Hampshire, Virginia, North Carolina, Florida, Ohio, Iowa, Colorado and Nevada.

Full Name

Email Address

Location

Leave Comments


Enter Character above

I accept terms of use.