Obama: Protecting US intellectual property rights a problem
January 25th, 2010President Barack Obama was in Elyria, Ohio last Friday and spoke briefly on Intellectual Property, in response to a question from a participant in the audience. The President said that ensuring U.S. intellectual property was properly protected from theft was crucial in reviewing the country’s trade deals, citing China as part of this process. This is an important issue in states like Ohio that have suffered severe economic distress as a result of a decline in manufacturing and other consumer goods.
The President went on to say,”One of the problems we had was insufficient protection for intellectual property rights. That is true for China … these are issues that have to be addressed,”
http://www.reuters.com/article/idUSWEN883120100122?type=marketsNews