Trump could soon sign executive order to get his trade mission under way
The order would launch a trade investigation that could lead to supplemental duties for some products
Washington — US President Donald Trump is considering an executive order to launch a trade investigation that could lead to supplemental duties in certain product categories, a Trump administration official said. Trump has made reducing US trade deficits a key focus of his economic agenda to try to grow US manufacturing jobs. He has taken particular aim at renegotiating trade relationships with China and Mexico. The new order, if issued, would seek to determine whether US trade deficits for those product lines were the result of the dumping of imported products below cost and unfair subsidies by foreign governments, the official said late on Sunday in Washington. That could eventually lead to additional import duties, but any decisions on such punishments would depend on the probe’s findings, not "pre-determined conclusions", said the official, who spoke on the condition of anonymity because the order was still being considered. The official did not specify which product lines could...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.