March 12, 2010
UFCW STATEMENT ON PRESIDENT
Washington, DC – The United Food and Commercial Workers International Union represents more than 250,000 men and women who work in the food processing and packing industries. Thousands of these jobs are linked to food exports.The following is the statement of UFCW International President Joseph T. Hansen:President Obamas remarks yesterday on trade show that this Administrations focus is where it should beon generating new jobs. Putting some meat on his state of the union pledge to generate two million export-related jobs, the President also addressed the overvalued Chinese currency which is the worlds greatest trade distortion. By some estimates Chinas manipulation of its currency is costing the United States some 1.4 million jobs and significantly harming other national economies as well. We look forward to the Administrations continued engagement on this crucial issue.