Doug Palmer

The decision was made by U.S. Trade Representative Katherine Tai, who is delegated authority from the president to review and potentially overturn import ban orders imposed by the ITC under U.S. trade law.

New data shows the goods trade deficit with Canada and Mexico is more than double what it was in 2017, when Donald Trump became president.

“I was fired,” Molina confirmed in a phone interview.

The failure of WTO member countries to produce anything meaningful at the group’s 13th Ministerial Conference could further erode the Geneva-based organization’s ability to create new global trade rules.

WTO members had little to show for five days of talks in Abu Dhabi, other than the extension of a digital trade tariff moratorium that has been in place since 1998.

“My predecessor promised increased American exports and to boost manufacturing, but he did neither. He failed,” the president said.

Under pressure from the U.S., the G7 is rolling out new initiatives to counter China’s economic reach. There’s little agreement on how much further to go.

The International Emergency Economic Powers Act gives the president sweeping authority to control economic transactions.

The president has already expressed opposition to Japanese-owned Nippon’s proposed takeover of U.S. Steel, saying the iconic U.S. company should remain American owned.

The proposed regulation is the latest barrier that the United States has imposed on Chinese vehicles.