Trump reportedly considering trade order that could lead to dutiesApril 10, 2017 - 10:24 AMT PanARMENIAN.Net - U.S. President Donald Trump is considering an executive order to launch a trade investigation that could lead to supplemental duties in certain product categories, a Trump administration official told Reuters. Trump has made reducing U.S. trade deficits a key focus of his economic agenda to try to grow American manufacturing jobs. He has taken particular aim at renegotiating trade relationships with China and Mexico. The new order, if issued, would seek to determine whether U.S. trade deficits for those product lines are the result of dumping of imported products below cost and unfair subsidies by foreign governments, the official said late on Sunday in Washington. That could eventually lead to additional import duties, but any decisions on such punishments would depend on the probe's findings, not "pre-determined conclusions," said the official, who spoke on the condition of anonymity because the order was still being considered. The official did not specify which product lines could be investigated. "The administration would use the results of that investigation to determine the best path forward, which could include everything from no action at all to the levying of supplemental duties," the official said. The Axios news website earlier quoted an official saying such an executive order would likely target steel and aluminum, two industries that are battling for more protection from Chinese imports. Axios said it also may target household appliances, where South Korean manufacturers with Chinese factories have gained market share. The Trump administration official did not provide any details to Reuters on timing of the executive order, which would be separate from a March 31 Trump order authorizing a 90-day Commerce Department study of trade abuses and their effect on U.S. trade deficits. Top stories Authorities said a total of 192 Azerbaijani troops were killed and 511 were wounded during Azerbaijan’s offensive. In 2023, the Azerbaijani government will increase the country’s defense budget by more than 1.1 billion manats ($650 million). The bill, published on Monday, is designed to "eliminate the shortcomings of an unreasonably broad interpretation of the key concept of "compatriot". The earthquake caused a temporary blackout, damaged many buildings and closed a number of rural roads. Partner news | Russia warns Armenia against “falling into West’s trap” Zakharova maintained, however, that anything that will benefit the people of Armenia can only be welcomed. CSTO: Armenia has not participated in secretariat’s work recently Recently Armenia has not participated in the work of the secretariat of the CSTO, Imangali Tasmagambetov said. Meeting with U.S., EU not against third parties, says Armenia The meeting scheduled for April 5 is dedicated to strengthening of the Armenia-EU-US cooperation, Yerevan added. Ucom launches network modernization efforts in few regions of Armenia In particular, on March 28, the legacy Mobile Switching Subsystem will be replaced with a new one. |