Trump to order probe of 16 countries’ trade practices, including Canada – Ontario News

Trump to order probe of 16 countries’ trade practices, including Canada – Ontario News



WASHINGTON — Donald Trump is about to order a study on the U.S.’s major trading partners to determine which ones are using abusive trade practices to run export surpluses — and Canada is among the countries to be examined.


The president will sign an executive order Friday demanding a study within 90 days of all the ways other countries allegedly pull a fast one on the United States through anti-competitive trade practices.


It will be a systematic examination of things like non-tariff barriers, lax legal enforcement, currency manipulation and other means that keep out American goods while other countries boost their own exports.


The ultimate goal: quantify exactly how much of the U.S. global trade deficit is due to supposedly unfair practices, and seek remedies for the imbalance.


“There has never been this kind of systematic analysis,” Commerce Secretary Wilbur Ross told reporters at the White House.


“It will be very heavily based on an empirical framework.”


Ross stressed that he wasn’t singling…



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