WASHINGTON (Reuters) – U.S. Commerce Secretary Wilbur Ross said on Friday that a “poison pill” provision to deter trade deals with China in the new U.S.-Mexico-Canada trade pact may be replicated in future U.S. trade deals, such as those with Japan and the European Union.
Ross told Reuters in an interview that the provision was “a move to try to close loopholes” in trade deals that have served to “legitimize” China’s trade, intellectual property and industrial subsidy practices.
Ross - Movement - China - Trade - Talks
Ross also said he did not expect much movement on China trade talks until after the Nov. 6 mid-term congressional elections.
Under the new anti-China trade provision, if any of the three countries in the U.S.-Mexico-Canada...
Wake Up To Breaking News!