Trump to sign executive orders targeting trade abuses
WASHINGTON — President Donald Trump talked tough on trade on the campaign trail, vowing to renegotiate a slew of major deals and to label China a currency manipulator on “Day One.”
Now his administration appears to be taking a more cautious approach.
On Friday, the president will sign a pair of executive orders aimed at cracking down on trade abuses, according to top administration officials. The first calls for the completion of a large-scale report to identify “every form of trade abuse and every non-reciprocal practice that now contributes to the U.S. trade deficit,” said Commerce Secretary Wilbur Ross.
Officials will have 90 days to produce a country-by-country, product-by-product report that will serve as the basis of future decision-making by the administration on trade-related issues, Ross told reporters at a Thursday night briefing.