Obama launches first 2012 campaign bus tour, announces trade action against China

"As we have made clear, the Obama administration will continue to fight to ensure that China does not misuse its trade laws and violate its international trade commitments to block exports of American-made products," U.S. Trade Representative Ron Kirk said as he formally announced the move. "American auto workers and manufacturers deserve a level playing field, and we are taking every step necessary to stand up for them.  This is the third time that the Obama administration has challenged China's misuse of trade remedies."

The Toledo Blade reports:

The duties cover more than 80 percent of U.S. auto exports to China, or about 92,000 vehicles. They add 15 percent to the price of an imported Jeep Wrangler or Detroit-made Jeep Grand Cherokee, 21.8 percent to a Buick Enclave and Cadillac CTS produced in Lansing, and 4.1 percent to an Acura TL sedan made by Honda of America Manufacturing Co. at Marysville, Ohio.

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