Romney, Ryan Slam Obama Administration on China Trade Policies

"Congressman Ryan's tough rhetoric can't hide the fact that Mitt Romney will never crack down on China's cheating — just look at his record," a statement from Obama campaign spokesman Danny Kanner said.

"When President Obama stood up to China on behalf of American tire workers, Romney called it 'decidedly bad for the nation.' In the private sector, he led investments in companies that shipped American jobs to China, and in a Chinese company known for the cheating he condemns today.

"Now, experts say his tax plan could create as many as 800,000 jobs overseas, while independent economists agree his plans could slow our recovery and cost us American jobs," Kanner said. "A PowerPoint can't hide the simple truth: all Romney and Ryan are offering is the same failed policies that led to the crisis and punished middle class families in the first place."

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