U.S. Will Aggressively Enforce Trade Rules: Ross
U.S. Will Aggressively Enforce Trade Rules: Ross
U.S. Commerce Secretary Wilbur Ross spoke to business leaders and diplomats at the 47th Annual Washington Conference on the Americas organized by COA and the U.S. State Department.
The Trump administration will enforce trade rules more aggressively to reduce the trade deficit, but is not seeking a dispute, said U.S. Commerce Secretary Wilbur Ross at COA's Washington conference.
Ross also said he hopes this week to resolve delays in Congress that will allow the White House to give formal notification of the intent to renegotiate the North American Free Trade Agreement with Canada and Mexico, which would start the 90-day clock before the talks could begin.
The administration has not yet decided whether to keep NAFTA as a three-country deal "or to pursue two matching bilaterals," Ross said in a speech to business leaders and diplomats at a Council of the Americas conference.
NAFTA is "at best out of date and at worst did not accomplish some of its most important goals," Ross said of the trade pact that President Donald Trump calls a disaster for the United States...
