Commerce Secretary Ross speaks on potential of a trade war

Commerce Secretary Wilbur Ross was on Fox News Channel last week to talk down the prospects of a trade war. Here are some of his comments:

I think the president proved by the statements that he made regarding Canada and Mexico we’re not looking for a trade war… Our interests at the end of the day is in the end result. There’s too much steel being produced on a subsidized basis. It’s not fair competition. We need a level playing field, and this is a good start toward getting it. We need reciprocity in trade.

And if every country would rally around, stop the trans-shipment, stop overproduction, stop all these unfair and inappropriate tactics, that would be a great solution. The U.S., through this, is going to start to reassert its leadership in solving trade problems in the world.

Well, anybody who doubts the president’s sense of conviction and his willingness to be very, very aggressive really misses the boat. He is deadly serious… This is the first time an American government has really pushed back on this kind of scale. And it’s taking some of the other countries, both our allies and those who are less allied with us, it’s taking them a little while to realize this is not the old administrations in the U.S. This is a different administration. It’s forceful, it is determined, it’s serious, it’s thoughtful, it’s deliberative about the issues. But make no mistake about it. At the end of the day, we need and we will get lower trade deficits, and we will stop exporting jobs and start exporting more products instead.

Samuel Culper is a former military intelligence NCO and contract Intelligence analyst. He spent three years in Iraq and Afghanistan and is now the intelligence and warfare researcher at Forward Observer.

Leave a Reply

Your email address will not be published. Required fields are marked *

Name *