If signed, the executive action would call for a review of foreign trading practices and could, depending on the results, be followed by retaliatory trade measures from the administration. President Donald Trump is considering an executive action that would launch a formal investigation into the way U.S. trading partners use subsidies and use a tactic known as “dumping” to skew imports and exports, a White House official said Sunday evening. But the executive action under review could eventually lead to more aggressive U.S. trade actions against China, a sign that some voices within the White House believe more is needed. Trump has signed numerous executive actions since taking office, and many of them have launched reviews or studies. Congress has yet to confirm one of the White House’s primary trade negotiators, United States Trade Representative Robert Lighthizer.

Source: thestar April 10, 2017 01:52 UTC