Obama Asks Trade Nominees to Tackle Slumping U.S. Exports

President Barack Obama asked his nominees for Commerce secretary and trade ambassador to revive U.S. export growth as the administration’s goal of doubling overseas sales by the end of next year slips out of reach.

Obama yesterday nominated Chicago businesswoman Penny Pritzker to lead the Commerce Department and Michael Froman, deputy national security adviser for international economics, as trade representative. Both posts, which promote the U.S. overseas, require Senate approval.