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Omaha Steve Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-14-11 07:58 AM
Original message
Obama, Lee to pitch trade deal in Michigan
Source: AP-Excite

By JIM KUHNHENN

WASHINGTON (AP) - President Barack Obama and South Korea's President Lee Myung-bak are promoting a new trade deal by visiting an auto plant in Michigan, a state battered by Asian car imports, in a rare joint appearance outside of Washington by a U.S. president and a visiting head of state.

In choosing General Motors Co. (GM)'s Orion assembly plant for a post-state dinner tour Friday, the two leaders will draw attention to an aspect of a U.S.-South Korea trade agreement that had been among the most difficult to negotiate. Congress approved the deal Wednesday after negotiators overcame U.S. auto industry complaints that previous efforts at a deal failed to do enough to lift South Korea's barriers to U.S.-made cars.

Obama is taking Lee to the heart of the region that has been hardest hit by foreign car competition, especially the influx of vehicles like South Korea's Hyundai.

But for Obama, the trip is also an opportunity to highlight the auto industry's resurgence after he engineered an $80 billion government bailout for GM and Chrysler in 2009. The Orion plant, about 30 miles north of Detroit, had been shuttered before the federal government stepped in and helped usher the two carmakers through bankruptcy protection. The plant now is producing the subcompact Chevrolet Sonic and will start production of the compact Buick Verano soon.


Read more: http://apnews.excite.com/article/20111014/D9QC1J6O0.html




President Barack Obama offers a toast during a State Dinner with South Korean President Lee Myung-bak in the East Room at the White House in Washington, Thursday, Oct. 13, 2011. (AP Photo/Charles Dharapak)
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Freddie Stubbs Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-14-11 08:20 AM
Response to Original message
1. Obama, Lee Myung-Bak To Pitch Trade Deal In Michigan
Source: Associated Press

WASHINGTON -- President Barack Obama and South Korea's President Lee Myung-bak are promoting a new trade deal by visiting an auto plant in Michigan, a state battered by Asian car imports, in a rare joint appearance outside of Washington by a U.S. president and a visiting head of state.

In choosing General Motors Co.'s Orion assembly plant for a post-state dinner tour Friday, the two leaders will draw attention to an aspect of a U.S.-South Korea trade agreement that had been among the most difficult to negotiate. Congress approved the deal Wednesday after negotiators overcame U.S. auto industry complaints that previous efforts at a deal failed to do enough to lift South Korea's barriers to U.S.-made cars.

Obama is taking Lee to the heart of the region that has been hardest hit by foreign car competition, especially the influx of vehicles like South Korea's Hyundai.

But for Obama, the trip is also an opportunity to highlight the auto industry's resurgence after he engineered an $80 billion government bailout for GM and Chrysler in 2009. The Orion plant, about 30 miles north of Detroit, had been shuttered before the federal government stepped in and helped usher the two carmakers through bankruptcy protection. The plant now is producing the subcompact Chevrolet Sonic and will start production of the compact Buick Verano soon.

Read more: http://www.huffingtonpost.com/2011/10/14/obama-lee-myung-bak-michigan_n_1010579.html
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Demeter Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-14-11 08:20 AM
Response to Reply #1
2. Chutzpah Will Have to Be Redefined
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russspeakeasy Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-14-11 10:21 AM
Response to Reply #2
6. And so will "SOLD OUT"
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Enrique Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-14-11 08:20 AM
Response to Reply #1
3. pitching it after it passed
did he ever pitch it before it passed?
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pampango Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-14-11 08:20 AM
Response to Reply #1
4. Since the UAW supported it, Detroit may be the safest place for the South Korean president to go.
Bob King: "The UAW fully supports this trade agreement because the automotive provisions, which are very different from those negotiated by President George W. Bush in 2007, will create significantly greater market access for American auto exports and include strong, auto-specific safeguards to protect our domestic markets from potentially harmful surges of Korean automotive imports."

http://www.freep.com/article/20111014/OPINION05/110140356/Guest-commentary-UAW-backs-Korea-trade-agreement?odyssey=mod%7Cnewswell%7Ctext%7CFRONTPAGE%7Cs
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Fuddnik Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-14-11 08:45 AM
Response to Original message
5. Pitch it in Lake Huron, where it belongs.
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