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Trump to order a study on abuses of U.S. trade agreements
Source: Reuters
POLITICS | Fri Apr 28, 2017 | 9:07pm EDT
Trump to order a study on abuses of U.S. trade agreements
By Ayesha Rascoe | WASHINGTON
President Donald Trump will sign an executive order on Saturday seeking to identify any problems caused by the nation's existing trade agreements, including an examination of U.S. involvement in the World Trade Organization, a top trade official said.
Commerce Secretary Wilbur Ross said his department would work to issue a report in 180 days outlining challenges with these trade deals and possible solutions.
Ross singled out the World Trade Organization as an entity that may need to make some changes, although he cautioned that the administration had not made any decisions yet.
"There's always the potential for amending organization's charters like the WTO, particularly when you're in the position we are," he said. "We're the number one importer in the whole world."
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Trump to order a study on abuses of U.S. trade agreements
By Ayesha Rascoe | WASHINGTON
President Donald Trump will sign an executive order on Saturday seeking to identify any problems caused by the nation's existing trade agreements, including an examination of U.S. involvement in the World Trade Organization, a top trade official said.
Commerce Secretary Wilbur Ross said his department would work to issue a report in 180 days outlining challenges with these trade deals and possible solutions.
Ross singled out the World Trade Organization as an entity that may need to make some changes, although he cautioned that the administration had not made any decisions yet.
"There's always the potential for amending organization's charters like the WTO, particularly when you're in the position we are," he said. "We're the number one importer in the whole world."
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Read more: http://www.reuters.com/article/us-usa-trump-trade-order-idUSKBN17V01Z
