Story at Bloomberg that points out some recent rhetoric by both Presidential candidates related to trade with China.
Two of Mitt Romney’s first three television ads of the general-election campaign boast of how he’d stand up to China as soon as he becomes president.
Not to be outdone, President Barack Obama last week capped off a month during which he imposed or proposed duties on Chinese goods by warning their leaders to end unfair practices.Looks like the Romney campaign is out in front on this issue of China'a trade policy and the associated trade deficit with the Obama campaign playing catch-up.
Look for this issue to remain a key area of focus in the campaign with unemployment so high, a large part of this unemployment due to the very large US trade deficit that is not being offset with appropriate fiscal adjustments.
