WKYT | Lexington, Kentucky | News

AP source: Obama pushing a new export initiative

WASHINGTON (AP) - President Barack Obama is pushing a new initiative to boost U.S. exports by enforcing trade deals and promoting American-made products overseas.

An administration official says Obama will issue an executive order Thursday creating an Export Promotion Cabinet of federal agencies whose work affects exports. The president is instructing the government to use every resource to support his National Export Initiative.

The official discussed the plan ahead of the announcement on condition of anonymity.

Two prominent business leaders will be named to lead the President's Export Council, an advisory committee on international trade. They are the president and CEO of The Boeing Co., Jim McNerney, and the CEO of Xerox Co., Ursula Burns.


Comments are posted from viewers like you and do not always reflect the views of this station.
powered by Disqus

WKYT

2851 Winchester Rd. Lexington, Ky 40509 859-299-0411 - switchboard 859-299-2727 - newsroom
Gray Television, Inc. - Copyright © 2002-2014 - Designed by Gray Digital Media - Powered by Clickability 87334767