International
0

Trump Names Top Trade Rep

Trump Names Top Trade Rep
Trump Names Top Trade Rep

US president-elect Donald Trump on Tuesday named veteran steel industry trade lawyer, Robert Lighthizer, a harsh critic of China's trade practices, to be his chief trade negotiator, responsible for better deals aimed at reducing US trade deficits.

Trump announced his selection in a statement from his transition team on Tuesday, saying Lighthizer would help "fight for good trade deals that put the American worker first", Reuters reported.

Lighthizer is a former deputy US trade representative during the Reagan administration where he helped to stem the tide of imports from Japan in the 1980s with threats of quotas and punitive tariffs.

He returns to lead the agency after nearly three decades as a lawyer representing US steelmakers and other companies in anti-dumping and anti-subsidy cases, helping to establish import duties that have reduced Chinese steel imports by billions of dollars.

Lighthizer, who is with the law firm Skadden, Arps, Slate, Meagher and Flom, has argued in public testimony that China has failed to live up to commitments made in 2001 when it joined the World Trade Organization and that more aggressive tactics are needed to "force change in the system", even if it means deviating from WTO rules.

Add new comment

Read our comment policy before posting your viewpoints

Financialtribune.com