POLITICS_ Trump signs executive orders to crack down on trade abuses, increase enforcement

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POLITICS

Trump signs executive orders to crack down on trade abuses, increase enforcement

Published March 31, 2017 FoxNews.com

VIDEO: Will executive orders on trade bring back jobs?


One week before he hosts a meeting with Chinese President Xi Jinping, President Trump on Friday signed a pair of executive orders aimed at cracking down on trade abuses and identifying the causes of America’s massive trade deficit.

“We’re going to get these bad trade deals straightened out,” Trump said from the Oval Office. “The jobs and wealth have been stripped from our country, year after year, decade after decade, trade deficit upon trade deficit reaching more than $700 billion last year alone and lots of jobs.”

The first executive order concentrates on tougher enforcement of anti-dumping laws and increasing the collection of anti-dumping penalties and so-called countervailing duties -- a mechanism used against foreign governments that subsidize their producers and sell goods at below-market prices.

READ MORE: http://www.foxnews.com/politics/2017/03/31/trump-signs-executive-orders-to-crack-down-on-trade-abuses-increase-enforcement.html

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