President Barack Obama plans to announce today the creation of a new enforcement office to challenge what the White House calls unfair trade practices worldwide, sources tell The Associated Press. A White House official described the initiative on condition of anonymity because Obama had not yet signed the executive order establishing the Interagency Trade Enforcement Center. The official says the office will expand the administration’s ability to challenge unfair trading practices in China and elsewhere. The new office will coordinate enforcement activity across several U.S. government agencies. Obama accuses China of subsidizing homegrown companies and allowing counterfeiting and intellectual piracy. His most recent budget proposal also asks Congress for millions of dollars for the new enforcement center and more U.S. inspectors in China.
Obama to set up trade crackdown office
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