Not exact matches
Larry Kudlow, National Economic Council director, discusses the Trump
administration's
trade policies as a delegation gets
set to go to China to discuss bilateral
trade.
TAUSCHE: Business leaders are hopeful the
administration can settle the varied
trade disputes without
setting off a
trade war.
The
administration has invoked an obscure provision of the US
Trade Expansion Act of 1962 called Section 232, which says that if the US doesn't have reliable access to materials required for national security, it has license to set up big trade barriers in order to boost domestic production of
Trade Expansion Act of 1962 called Section 232, which says that if the US doesn't have reliable access to materials required for national security, it has license to
set up big
trade barriers in order to boost domestic production of
trade barriers in order to boost domestic production of them.
But he said the
administration is wrong to act unilaterally, potentially
setting off a
trade war.
The lawsuit follows on the heels of a similar suit from nine states over the Bush
administration's exemption of coal - fired plants from parts of the Clean Air Act, a move that
set the stage for the creation of the cap - and -
trade system.
Though it is
set to continue
trading, British Home Stores (BHS), a UK high street based retailer, has filed for
administration and began selling the company this week.
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