dglobalnews.com Trump walks out before signing executive orders
Published: Mon, April 03, 2017
Markets | By Armando Jensen

Trump walks out before signing executive orders

Trump walks out before signing executive orders

Reading out the list of countries with which the U.S. has significant trade deficit, Ross also named India down the line with a trade deficit of United States dollars 24 billion.

In its 2017 National Trade Estimate Report on Foreign Trade Barriers, released earlier Friday, the USTR criticized the two countries over trade practices and market access barriers.

Niles-area Democratic Rep. Tim Ryan accused Trump of "theatric signings of executive orders that do very little, instead of. the bold action he promised like declaring China a currency manipulator on day one or looking at ways to fix NAFTA".

"We're going to get these bad trade deals straightened out", Trump said.

- Vic Berger IV (@VicBergerIV) March 31, 2017VP Pence collected the Executive Orders from the Resolute Desk and brought them to Pres Trump to sign in another room.

Commerce Secretary Wilbur Ross said one order would result in analysts going "country by country, and product by product", reporting back to Trump within 90 days.

China tops the list, with a $347 billion surplus previous year, followed by Japan, with a $69 billion surplus, Germany at $65 billion, Mexico at $63 billion, Ireland at $36 billion and Vietnam at $32 billion.

It said that, as of May 2015, about 2.3 billion dollars in anti-dumping and countervailing duties owed to the USA government remained uncollected. Lets not make this a China story.

'Bathroom bill' could cost North Carolina more NCAA events
HB2 had also restricted local governments' ability to enact nondiscrimination ordinances on behalf of gay or transgender people. Advocates for lesbian, gay, bisexual and transgender people said the new version would allow discrimination to continue.

The second order will empower the Department of Homeland Security to help deal with trade and customs violations.

Trump's aides insist the timing is coincidental, but the administration is touting the moves as evidence of it taking an aggressive but analytical approach to closing a trade gap that is largely due to the influx of goods from China.

The president took to Twitter prior to signing the orders to share his thoughts on trade with China - a subject he discussed frequently during his election campaign.

When Trump says that the USA has a trade deficit, it means that the total worth of all goods purchased and brought into the country is greater than the worth of those sold to other nations.

For example: "Some of our trade deficit comes from the fact that we import a lot of oil".

President Donald Trump will order staff today to pinpoint countries and goods responsible for America's almost US$50 billion (RM221.2 billion) trade deficit, in a protectionist warning shot to trade partners like China.

Donald Trump abruptly walked out of an executive order signing ceremony without signing any orders after being faced with some tricky questions.

WTO head Roberto Azevedo said there was a need for clarity on United States trade policy, to see how public declarations translate into policy.

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