Topic: Lori Wallach
Obama's speech Monday to US Chamber of Commerce outlined plans to encourage innovation and business investment. But he also urged US companies to get off sidelines and 'invest in America.'
Obama will press for countries at the G20 summit to adopt measures for addressing trade imbalances. Also, the Obama administration recently stepped up talks with South Korea on modifying the free trade agreement with the US.
World trade suffered its worst slump since the Great Depression in 2008 and 2009.
Chances of world trade deal look remote in part because the US has other bigger priorities.