Youngstown, Ohio (CNN) - Republican running mates Mitt Romney and Paul Ryan sought to cast the current administration as soft on China on Saturday, blaming Democratic President Barack Obama for skipping another opportunity to label China a currency manipulator.
"Over the past several years, the president's failed to call China a currency manipulator," Romney said at a rally in Portsmouth, Ohio. "He had the occasion on Friday to come out with that official designation. Do you know what they said? We're not going to make any determination until after the election."
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"Let me tell you, on day one of my administration I will label China a currency manipulator, we gotta get those jobs back and get trade to be fair," he continued.
The comments from the Republican candidates come a day after the Treasury Department announced it will hold off publishing a twice-yearly report on foreign exchange, due October 15, that often contains criticism of China's currency policies.
"The administration had their eighth chance to label China a currency manipulator," Ryan said at a separate event nearly 300 miles away from Romney, in Youngstown. "That's eight opportunities to say, 'You know what, play fair with us, trade with us fairly.'"
According to the U.S. Treasury, the report will be released after global finance officials from the G-20 leading economies meet in early November.
"We've lost hundreds of thousands of jobs, according to one study, because of just this problem. Two million jobs we've lost, according to the International Trade Commission, because of one country, China, taking our intellectual property rights, meaning taking our patents, taking our goods that we make and copying them and selling them. That's not correct. That's not right. That's cheating," Ryan said in his opening remarks at a town hall meeting in this battleground state.
Ryan misstated data from the U.S. International Trade Commission report. The 2011 report does not assign a number of lost jobs to currency manipulation by China but asserts that the tightening of intellectual property rights could lead to the creation of 2 million jobs in the United States.
The presidential campaigns have accused one another of being weak on China and both candidates have included misleading or disputed information in their television ads on the subject.
Speaking in the hard-hit manufacturing area of Ohio's Mahoning Valley, Ryan emphasized the need to increase manufacturing jobs in order to build a stronger middle class.
Nearly 300 miles southwest of Ryan, Romney said currency manipulation means "that American companies that are making these same products, they go out of business if the Chinese products are so much cheaper than the real costs behind them."
Ryan stressed the need to hold China accountable for its artificially undervalued exchange rate, a practice that negatively affects American producers.
"We are going to stop this kind of cheating from occurring," Ryan said at Youngstown State University. "That's a big deal. That takes our jobs. You have to stand up for the American manufacturing system. Giving good speeches, you know, saying the right thing, that sounds good, but getting it done is what matters."
– CNN Political Producer Rachel Streitfeld contributed to this report
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This guy Romney is still on Bain's payroll and they are outsourcing jobs to China now as we speak educate yourself before you vote seriously!!!!......Bain just got caught in the news yesterday planning on outsourcing more jobs but were going to wait until Nov 5th, so by the time the news got out it would be too late!!!
Right .. same folks loan u money and u call them cheater .... both these jokers are not getting elected .. PERIOD !!! Time will prove the same .... RIP GOP !!
Umm- ROMNEY is the one who is sending the Sensata jobs to China- go to Bainport.com and see how Bain Capital is sending these jobs to China, and worse yet- forcing the American workers to train their chinese counterparts who will be taking their jobs! Don't be fooled people- the REAL ROMNEY is the one who is SOFT on CHINA!!!!!
The right wing member of CNN will filter this comment as they do all the comments. Mitt Romney off shored whole company labour forces to China, so how is the argument Obama is soft on China anything but deception.
These two loafers may quit running before the election day
"Over the past several years, the president's failed to call China a currency manipulator," ... are you kidding me? The whole point of the Fed is to manipulate currency to A) keep inflation in bounds and B) keep unemployment low. The United States is the biggest currency manipulator of them all, and has been for many years, under control of BOTH parties. Idiot. You're supposed to be a businessman, right? Oh no, that's right, your a politician, you only play a businessman on TV.
Bain capital is closing a plant in Illinois and shipping the jobs to China. The value of Mitt Romney's investments could rise because of this.
So who really is soft on China.
Sorry Mitt, being President means you look out for the American people not your own pocketbook.
How many times is the Romney/Ryan combo going to lie and manipulate statistics to convince you that they are right?
Take it easy on China they own a large part of the United States.
"So a child learns to do math and science at public schools, supplemented by watching The Count on Sesame Street while growing up, and then NOVA and Carl Sagan on PBS. The child becomes interested in math and science, and grows up to go to a university subsidized by block grants, with tuition helped by Pell Grants, and then a state medical school, to become a physician. The doctor works in an Emergency Room with nurses and other staff who were also trained and educated at publicly subsidized schools.
A Conservative who believes in cutting federal funding to Public TV and Education is rushed into the emergency room because of a heart attack. The doctor, nurses, and other publicly educated staff save the Conservative's life, so the Conservative can go on to whine about PBS and Socialized Medicine."
Break the cycle. Vote the cons into oblivion.
Obama has consistently been soft on China to the detriment of the US. And misleading ads claiming that Romney is soft on China does not alter his record.
Seems to me Ba-rack has been soft on EVERY nation except two, which he overtly or subtly derides – those countries are Israel and the United States. You see, I don't think that Ba-rack or Michelle truly LIKE the United States. I gather this from comments each of them made before they listed the White House as their residence. As for China, he treats them the same as Russia, Iran, Syria or any other country he can deride – without actually taking any action. Frankly, I don't think Ba-rack has the cajones to act like a Commander-In-Chief: he just goes along with what his handlers tell him will look good, politically... You know, like just voting "present" after he obtained his Senate seat through dirty politics.
As long as we continue to buy things from China then they will continue to have a stronghold here. We also buy this stuff knowing it could bring some health dangers. I try to stay away from buying anything made in China.
Both parties and their leaders are too soft on China. The biggest problem with China is the fact that they make DANGEROUS products at cheap prices. Just this past week a shipment of mattresses from China were sized at the Los Angeles harbor because they were easy to catch on fire. Dog food, baby formula, building supplies, household goods, the list is getting longer and longer. We should stop buying their junk and pay for quailty products made in America by American workers. Yes, it might cost more but ask those people whose dog died would they have spent more for dog food if they had known it would KILL their pet?
Playing China card is simply stupid ! People are sick and tired of such political game.
Leave China out of the debate. It is too important an relation to jeopardize by either parties.
Just look at GM their sales are up but 70% of their sales are in China not here in the US.
Can you say Obama ships jobs over to China if not you are just plain stupid.
So you want to be an Ambassador under the Obama administration?
Romney shut up!!!!!!
So Romney says Obama is "soft" on China. Whereas he, Romney, has a proven record of being STRONG on China. Even now Bain is busy outsourcing Sensata workers to China. And Bain invested in companies that helped corporations outsource to China.
The more this guy talks the more he lies. The only thing Mitt Romney really cares about is Mitt Romney.
and who exactly sent more jobs to China? Oh yeah.. Rmoney!
Calling a killer a murderer to their face doesn't stop them from doing it again, and it doesn't reverse the damage done. Does Romney have any goal except to insult China's diplomats?
Incredible. States close to the auto indisutry that Romney would have loved to see closed up would even think of voting for the bum? So, what's with middle America? How can people be this stupid? Sadly, one more bush clone like Romeny may be the final nail in the coffin of this once great country.
Its time for Mitt Romney to step up with the details of his plan to lead America out of this mess that was nearly a disaster. Both he and Obama need to convince us that there is a solution to the partisan gridlock in congress. What will either of them do about the Tea Party? Who can possibly help to heal this raging political hatred we see in in the extreme of the right and left?
Obama is soft on everything that is important to the USA