The Trump Administration’s views on some issues (think health care) has evolved over recent months. But on foreign trade, the Administration has consistently stuck to Donald Trump’s pre-election view that past trade deals have been a lousy deal for the U.S. worker and they need to be fixed. Secretary of Commerce Wilbur Ross has been tough and outspoken on the need to fix the trade deficit, singling out Mexico, China, and others as nations where our trade relations can and must be improved.
Last week, the Senate approved the appointment of Bob Lighthizer as US Trade Representative, completing the triumvirate (White House advisor Peter Navarro is the third figure) that will lead the Administration’s trade policies. And later this week, Department of Commerce public hearings on “significant trade deficits” look set to shine a bright light on the causes and consequences of America’s huge and persistent trade deficits.
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