President’s Growing Trade Gap: A Gulf Between Talk and Action - News Summed Up

President’s Growing Trade Gap: A Gulf Between Talk and Action


Mr. Trump described the North American Free Trade Agreement with Mexico and Canada as history’s worst trade deal, and vowed to overhaul or replace it. But the gap also exposes a basic divide on trade policy within the Trump administration. One group, largely campaign veterans like the economist Peter Navarro, still favors the kind of dramatic measures Mr. Trump promised on the campaign trail. Advertisement Continue reading the main storyUnion leaders applauded the president’s executive order on Friday directing the government to study in detail the reasons for the nation’s trade deficits. Advertisement Continue reading the main storyFor manufacturers in the United States who depend on customers in Mexico and other foreign markets, the administration’s more conciliatory signals were welcome.


Source: New York Times April 01, 2017 01:10 UTC



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