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President Obama today attempted yet another clarification.
Of his position on extending the bush era tax cuts.
It came as his Asian economic trip continued to spotter at least in the eyes of many analysts around the world.
But White House correspondent Wendell Goler reports the president doesn't see it that way.
Instead and home once sometimes we're gonna hit singles.
But there were really important signals.
As he wrapped up the G-20 summit in -- President Obama denied he was leaving -- -- handed.
But it was easier to see the impact of the emerging countries that have expanded the world's most important economic forum and the impact of the US.
The leaders failed to find a formula for easing trade imbalances that US officials -- -- slowing the recovery from the global recession.
And China refused to adjust its currency which the president says is -- China gets its huge trade surpluses.
It is undervalued.
And China spends enormous.
Amounts of money intervening in the market.
Keep it undervalued but the -- -- -- -- -- -- declined to single out China for criticism.
Germany shot found a US -- balloon that would have set limits on trade surpluses and Brazilian president Lula da Silva accuse the US Federal Reserve.
-- pushing down the value of the dollar to get the same kind of trade advantage.
Obama says -- -- -- short of making an official complaint back to tell you that wasn't part of the discussion that we had.
The end inside the leaders meetings the president denied his political setbacks at home at weakened him on the world stage -- we sit leaders might not be as interest needed photo -- now.
He set a host of other countries are doing well and coming into their old and naturally they are going to be more assertive.
In terms of their interests and ideas.
And that's a healthy thing.
Meanwhile the debate over the bush administration's tax cuts follow them overseas he said the country can't make them permanent for the rich.
But extending them for the middle class is an absolute priority.
The likely compromise with Republicans a temporary extension of the upper level tax cuts the president says he's ready for a tough hard headed discussion.
My hope is that somewhere in between there we can find some sort of solution but.
I'm not gonna.
Negotiate here in Seoul.
My job -- negotiate back in Washington.
Republican and democratic -- Here in Yokohama the president wraps up his longest foreign trip ever read another summit aimed at boosting trade in creating US jobs it's something he wants the American people to know he's focused on.
Even at the jobs aren't materializing as fast as anyone walks.
Brett the -- -- traveling with the president in Japan war.
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