U.S. Trade Representative Robert Lighthizer speaks in the Eisenhower Executive Office Building on the White House complex in Washington, Monday, May 15, 2017, during his swearing-in ceremony.The Trump administration plans to call for a "broad reset" of World Trade Organization tariffs in its latest conflict with the global authority.
The organization's tariff rates "no longer reflect members' policy choices and economic conditions," US trade representative Robert Lighthizer said in prepared remarks seen byThe WTO's action also prevents "the United States from taking action to address unfair trade practices that hurt US workers," he said.
"Currently, outdated tariff determinations are locked in place that no longer reflect members' policy choices and economic conditions," Lighthizer said in prepared remarks seen by. "Many countries with large and developed economies maintain very high bound tariff rates, far above those levied by the United States."
Lighthizer is expected to deliver his statement to the House Ways and Means Committee Wednesday afternoon. He will highlight that the US is moving forward in trade talks with the EU, Britain, China, Japan, and Kenya, and that the tariff rate disparity sets the country up for failure when seeking fair deals.
While Australia and Britain said they want free trade... and protectionism is bad and horrible.
realDonaldTrump incredible strategy = you are the master of universe of illusions
Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
3 steps I'm taking to save to buy a house during the pandemic - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. ProTip: Look for properties in hotspots to get the best deals. 👎🏿
Herkunft: BusinessInsider - 🏆 729. / 51 Weiterlesen »
Business Insider's best investing stories of the week ended June 16 - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. ......why did you use a photo of some rave... ? Day trading is for suckers These are the suckers that the 'pump and dump' big investors will use to unload their inflated stocks. That's why they are touting the 'V' shaped recovery. It's a repeat of the 2008 mortgage securities pump and dump.
Herkunft: BusinessInsider - 🏆 729. / 51 Weiterlesen »
Facebook drops censorship tools for Workplace - Business Insider - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Herkunft: BusinessInsider - 🏆 729. / 51 Weiterlesen »
NYSE will allow some market makers to return to the trading floor Wednesday - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Herkunft: BusinessInsider - 🏆 729. / 51 Weiterlesen »
Petition calls for shutdown of luxury shopping 'village' as crowds gather - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Why would you create problems, why not solve, if it closes then more people unemployed, more people out of jobs, more burden on the economy....
Herkunft: BusinessInsider - 🏆 729. / 51 Weiterlesen »