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USA: Trump launches assault on trade deficit with new executive orders

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US President Donald Trump signed two executive orders aimed at tackling the US's annual $500bn (€469bn) trade deficit in Washington DC, Friday. The move comes one week before Chinese President Xi Jinping is set to arrive in Florida to meet with Trump, with US-China trade policy expected to be central to the talks.The first of the two orders enforces laws aimed at preventing dumping by foreign importers in the US, stopping outside manufacturers from undercutting US producers. The latter calls for an in-depth 90-day review into the US trade deficit and its causes. "Under my administration, the theft of prosperity will end," stated Trump from the White House. "We're going to investigate all trade abuses and based on those findings, we're going to take necessary and lawful action to end those many abuses," he added.Video ID: 20170401 009Video on Demand: http://www.ruptly.tvContact: [email protected]: http://twitter.com/RuptlyFacebook: http://www.facebook.com/Ruptly

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news ruptly Donald Trump trade deficit Xi Jinping trade policy Washington DC
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