Trump trade officials prefer tri-lateral NAFTA deal: US senators

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Lighthizer, a corporate lawyer and former deputy U.S. trade representative in the Reagan administration, took office yesterday (15 May) promising to help President Donald Trump "permanently" reverse what he described as America's "dangerous" trade policies.

A U.S. Commerce Department spokesman said Ross and Guajardo discussed possible solutions and that they continue to work toward a negotiated settlement.

All three have vowed to help shrink chronic US trade deficits through stronger enforcement of USA trade laws and to negotiate deals that boost USA exports without leading to jobs and factories migrating overseas.

Mr. Trump vowed to revolutionize US trade policy and has threatened to rip up Nafta and to apply tariffs or other measures to block imports or reduce the trade deficit. "I hope I can make some small contribution to that accomplishment".

Lighthizer will immediately start preparing the groundwork for renegotiation of the North American Free Trade Agreement-a process Trump says faced setbacks as lawmakers delayed Lighthizer's confirmation for months. Lighthizer's experience includes deputy trade representative under President Ronald Reagan, chief of staff for the Senate Finance Committee, as well as direct private sector experience in enforcing trade rules on behalf of his clients.

Last week Ross, the USA commerce secretary, said he hoped to resolve delays in Congress that would allow the White House to formally notify it of its intent to renegotiate NAFTA, which would start the 90-day clock before the talks could begin.

Donald Trump will go down as one of the great presidents in American history, says his new trade czar.

"As the Trump Administration's trade policy strategy develops, we want to build upon the United States government's past successes in pushing back against the EU's global GI agenda", Vilsack said.

Last week, Commerce's Ross said the United States and China had agreed to take action by mid-July to increase access to Chinese markets for USA beef, financial services and liquefied natural gas.