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Mitt Romney on the possibility of a trade war with China

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Uploaded on Nov 14, 2011

PELLEY: "You -- you've talked about all the things that China should be doing. How do you affect that as commander-in-chief? How do you make China do these things"

ROMNEY: "Well, number one on day one is acknowledging something which everyone knows, they're a currency manipulator. And on that basis, we also go before the WT -- WTO -- and bring an action against them as a currency manipulator. And that allows us to apply selectively tariffs where we believe they are stealing our intellectual property, hacking into our computers or artificially lowering their prices and killing American jobs. We can't just sit back and let China run all over us. People say, well, you'll start a trade war. There's one going on right now, folks. They're stealing our jobs and we're going to stand up to China."

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