Tuesday, February 14, 2006

Bush Administration Toughening Stance on Trade Issues With China

MoneySense.ca
The Bush administration on Tuesday announced it will step up enforcement of U.S. trade laws governing China, following a top-to-bottom review of America's trading relationship with the Asian giant.
The increased enforcement will be led by a new chief counsel for China trade enforcement within the office of U.S. Trade Representative Rob Portman.

[...]
"The time has come to readjust our trade policy with respect to China," Portman said. "As a mature trading partner, China should be held accountable for its actions and required to live up to its responsibilities, including opening markets and enforcing intellectual property rights."

Portman vowed to "use all options available" to meet this goal.

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