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September 17th, 2012 
FAKE NEWS for the Zionist agenda
Officials said the administration will launch enforcement action at the World
Trade Organization because it says China is illegally subsidising exports in
their autos and auto parts sectors. The US says the practice puts American
parts manufacturers at a competitive disadvantage and encourages the
outsourcing of production to China.
The officials requested anonymity because they were not authorised to discuss
the trade action publicly ahead of the president.
The administration is taking the issue to the WTO because its attempts to get
China to address the subsidies on its own have been unsuccessful, the
officials said.
Jobs in the US auto parts sector dropped by roughly half between 2001 and
2010, while U.S. imports of auto parts from China have increased sevenfold,
according to the Obama administration.
The administration is also escalating another case it brought against China at
the WTO in July that accuses China of imposing unfair duties on more than $3
billion in exports of U.S. autos. The duties cover more than 80 per cent of
American auto exports to China, said the officials, who requested anonymity
in order to discuss the trade action ahead of the president.
The cases stem from the Interagency Trade Enforcement Center Obama set up
earlier this year to target unfair practices around the world, particularly
in China.
Obama and Romney started trading barbs on China late last week.
Romney released a television advertisement Thursday accusing Obama of “failing
American workers” and ignoring unfair trade practices by China. And in
his weekly podcast Saturday, Romney said: “In 2008, candidate Obama
promised to take China ‘to the mat.’ But since then, he’s let China run all
over us.”
Obama countered with a TV spot focused on its claims that Romney outsourced
jobs to China while working in the private sector. Obama’s campaign also
released a new web video Saturday in which deputy campaign manager Stephanie
Cutter said Romney holds investments in Chinese companies.
The manoeuvring came as a new national survey by The New York Times and CBS
News found that Romney has lost his long-standing edge on the question of
who voters view as most likely to restore the economy and create jobs.
Despite that, the poll found the race narrowly divided.
Romney’s shift to China also indicated a need to shore up support among the
working-class voters he needs to turn out in big numbers come November.
Obama’s quick counter underscored the importance of holding onto his recent
gains in manufacturing-heavy Ohio.
Source: agencies
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