Morning Update: Tough on China
Nearly one week before the Pennsylvania primaries, which have featured economic and globalization issues, Sen. Hillary Clinton (D-NY) Monday detailed her plan for “stepped up enforcement of trade laws.” Her plan includes numerous measures to crack down on what she called China’s “unfair trade practices.”
Sen. Barack Obama (D-IL) also called for a tough posture toward China on trade. He told steelworkers in Pittsburgh: “What we need to do is just be better bargainers and say ‘Look, here’s the bottom line: You guys keep on manipulating your currency, we are going to start shutting off access to some of our markets.”
British Prime Minister Gordon Brown will meet with all three presidential contenders during his trip to the United States this week, the Wall Street Journal reports.
