国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

USEUROPEAFRICAASIA 中文雙語(yǔ)Fran?ais
Business
Home / Business / Macro

WSJ bashes Trump administration's trade agenda

Xinhua | Updated: 2017-08-23 10:41

WASHINGTON - US newspaper Wall Street Journal published an editorial Tuesday, criticizing the US Trade Representative Robert Lighthizer for his mercantilist view of trade.

"Steve Bannon may be gone from the White House, but his trade agenda survives in the form of Robert Lighthizer," said the Journal. Lighthizer emphasized before the first round of negotiations of updating the North American Free Trade Agreement (NAFTA) last week that reducing US trade deficits with Mexico and Canada was his priority.

"But what good is success for Mr Lighthizer if it means failure for President Trump's agenda of faster growth?" questioned the Journal. Economists have long argued that sudden changes of the current supply chains in North America would not only hurt Mexican companies but also American businesses.

Reducing trade deficits was one of Trump's core campaign promises. The president, together with his Commerce Secretary Wilbur Ross and Trade Representative Lighthizer, has repeatedly chastised Mexico and China for stealing US wealth and jobs through trade deficits.

"This bizarre economics is dangerous to American prosperity," said the Journal in an editorial titled "Lighthizer's Economics Deficit."

The Trump administration also accused Mexico for stealing auto jobs from the US and urged auto manufacturers like Toyota and Ford to move production lines back to the States. Toyota said in early August that it would move the production lines of its bestselling car Corolla from Mexico to the US despite of additional costs.

Lighthizer also wanted to require auto manufacturers to use more US-made auto parts in the renegotiations of NAFTA, hoping the move would save US auto industry. The suggestion was not only resisted by Mexico and Canada, but also opposed by US auto manufacturers who worry the move could raise costs.

"It is not an exaggeration to say that free-trade access to labor and capital across North America is largely responsible for the survival of the US auto industry," said the Journal.

Most Viewed in 24 Hours
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
 
吴旗县| 皮山县| 城市| 福建省| 安阳县| 靖安县| 溧水县| 交口县| 油尖旺区| 大兴区| 双柏县| 洪湖市| 南昌县| 准格尔旗| 综艺| 梓潼县| 霍邱县| 乌什县| 嘉鱼县| 交城县| 西充县| 福安市| 特克斯县| 中卫市| 阳新县| 融水| 阳江市| 平定县| 天门市| 手游| 上蔡县| 广宗县| 襄城县| 静宁县| 铅山县| 昌都县| 阳泉市| 武陟县| 麻栗坡县| 五河县| 丰顺县|