Trump’s State of the Union speech silent on trade plans

US President Donald Trump did not make mention of current steel and aluminium trade cases during his State of the Union address on Tuesday January 30, leaving the trade remedies he plans to impose - if any - a mystery to industry participants.

Trump did address his position toward trade with foreign nations, but did not elaborate on any specifics regarding his administrations’ plans for trade policy.
“America has… finally turned the page on decades of unfair trade deals that sacrificed our prosperity and shipped away our companies, our jobs, and our nation's wealth,” Trump said in his speech. “The era of economic surrender is over. From now on, we expect trading relationships to be fair and to be reciprocal. We will work to fix bad trade deals and negotiate new ones.”

Still, Trump did not discuss what actions he might plan to take on the steel and aluminum Section 232 investigations, nor did he offer insight into the renegotiation of the North American Free Trade Agreement. Trump has previously said that deal must...

Published

Kirk Maltais

February 01, 2018

01:35 GMT