ON TRADE
KILLED TPP
$350+ billion deal with Saudi Arabia ($110 billion in arms $250 billion in trade/investment) creating 100,000’s of jobs in both countries, historic.
Pulled out of PARIS ACCORD
Had a major victory on sugar exports from Mexico, made Mexico drop the exports % and the amount of refined sugar. This will help our sugar industry and the US sugar mills that produce refined sugar from raw sugar.
Notified Congress of NAFTA renegotiation on May 18th. Talks can start 90 days later on Aug 16th, 2017
Sec Ross has slapped more than $2 billion in fines on China and Canada for illegal trade practices.
U.S. Department of Agriculture has reached agreement with Chinese officials on final details of a protocol to allow the U.S. to begin the beef exports to China (6/12/17). The first beef has been imported to China (06/30/17)
Renegotiations of KORUS ( South Korean )trade deal announced on 06/30/17) started per White House week of (07/14/17)
The first shipment of LNG to Poland (07/08/17) per Foreign policy
Pres Trump attended the Three Seas summit in Central Europe to begin the opening up of energy and other economic trade between central/east Europe and the USA (07/6/17) per Time
The United States Trade Representative released its objectives for upcoming NAFTA negotiations (07/18/17)
Canceled the Cuba Trade deal done by Obama (06/16/17)
Enforcement of U.S. trade law is a prime focus of the Trump administration. From January 20, 2017, through July 21, 2017, Commerce has initiated 54 antidumping and countervailing duty investigations – a 40 percent increase from the previous year. (07/21/17) per Sec Ross of Commerce.
The Commerce Department will instruct U.S. Customs and Border Protection (CBP) to collect cash deposits from importers of steel concrete reinforcing bar from Taiwan in an effort to stop dumping (07/21/17)