Draft Trump memo directs investigation, remedy of persistent US trade deficits

Trade related memo falls short of implementing any solutions. Its going to be a long and hard road this one:

• draft Trump trade memo directs federal agencies to investigate and remedy persistent U.S. trade deficits that harm U.S. economy
• draft Trump trade memo seeks to address unfair trade practices and currency manipulation by foreign countries
• draft Trump trade memo seeks to ensure trade deals, including USMCA, prioritize American workers, farmers, and businesses
• Trump to assess China’s adherence to US-China trade agreement to determine if enforcement or changes required

This article was written by Eamonn Sheridan at www.forexlive.com.