Obama to convene panel on international trade as he pursues export goal
WASHINGTON (AP) - President Barack Obama is convening his advisory council on international trade as the United States pursues an aggressive goal to double its exports.
Mr Obama will meet with the President's Export Council on Thursday. It's the first meeting to include new members added to the council from the pharmaceutical, defense and hospitality industries.
The White House announced that Mr Obama was adding the CEOs of IBM, Marriott and Lockheed Martin to the council. Leaders from Pfizer, Merck and IBM are also joining the panel. Other additions represent the eco-technology and electric power industries.
Mr Obama in 2010 set a goal of doubling exports by 2015. But tepid manufacturing growth, the still weak global economy and a stronger US dollar have made that goal difficult.