September 17, 2012

Obama touts new auto case against China

Julie Pace Associated Press
 
Carolyn Kaster photo

President Barack Obama speaks at a campaign event at Eden Park�s Seasongood Pavilion, Monday, Sept. 17, 2012, in Cincinnati, Ohio.
(Full-size photo)(All photos)

CINCINNATI (AP) — President Barack Obama says when it comes to unfair Chinese auto subsidies, he’s fighting back — but Mitt Romney’s mostly talk.

Campaigning in Ohio, Obama announced a new challenge with the World Trade Organization, saying the subsidies have cost thousands of jobs at auto and auto parts companies.

Obama says: “It’s not right, it’s against the rules and we will not let it stand.”

His move comes after Romney ramped up charges that Obama lets the Chinese get away with widespread trade cheating.

But at a rally in Cincinnati, Obama said all Romney’s done is “send them our jobs.” He says Romney’s firm, Bain Capital, champions outsourcing, and his tax policies favor overseas production.

Obama says on trade, you’ve got to “walk the walk, not just talk the talk.”

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