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In This Issue
September 9, 2010
USBIC in the News
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Obama Administration China Currency Confusion: Who's on First?
Alan Tonelson
Thursday, March 25, 2010
 will make an essential contribution to [the] global [trade] rebalancing effort.”–President Obama, speech on export-doubling initiative, March 11, 2010 “Commerce Secretary Gary Locke said recently that the U.S. could meet Obama's goal [of doubling U.S. exports in five years] – even without major changes in China's currency policy....”– Los Angeles Times, March 11, 2010
Sources: “Remarks by the President at the Annual Export-Import Bank’s Conference,” The White House, Office of the Press Secretary, March 11, 2010, http://www.whitehouse.gov/the-press-office/remarks-president-export-import-banks-annual-conference; “Obama Launches New Exports Push, as Trade Deficit Narrows – but Hard Road Ahead,” The Los Angeles Times, March 11, 2010, http://www.latimes.com/news/nationworld/nation/wire/sc-dc-trade-deficit11-20100311,0,5514124.story
Alan Tonelson is a Research Fellow at the U.S. Business & Industry Educational Foundation and the author of The Race to the Bottom: Why a Worldwide Worker Surplus and Uncontrolled Free Trade are Sinking American Living Standards (Westview Press).
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Alan Tonelson
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Alan Tonelson on CNBC's Power & Money
The Future of American Exports
Obama's Speech: His Neglect of Manufacturing Charge Starts in the Oval Office
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