Obama outlines new efforts to boost US exports and create jobs at home
By Douglass K. Daniel, APThursday, March 11, 2010
Obama pushing a new export initiative
WASHINGTON — President Barack Obama says doubling exports over the next five years will boost the economy by helping U.S. companies sell their goods and services abroad and creating new jobs at home.
Obama was announcing a series of steps toward that goal Thursday, including carving out a mini-Cabinet focused on promoting exports and asking Congress for millions in new funding to support export promotion programs.
The new Export Promotion Cabinet will keep export promotion as a priority for the relevant Cabinet agencies, such as the departments of Commerce and State. Obama also wants $134 million more to hire hundreds of trade experts to advise potential U.S. exporters.
He also is reestablishing a presidential advisory committee on international trade.
