Trading

Trump Administration to Push for ‘Reset’ of Global Tariffs – The New York Times

WASHINGTON — The Trump administration plans to continue its aggressive trade tactics this year by pushing for a “broader reset” of the tariffs set at the World Trade Organization, a top trade official plans to tell Congress in testimony on Wednesday.

Robert E. Lighthizer, the U.S. trade representative, will tell the House Ways and Means Committee that the tariffs set for various countries are “outdated” and far above the levels charged by the United States, according to a copy of his prepared remarks.

The United States “must ensure that tariffs reflect current economic realities to protect our exporters and workers,” Mr. Lighthizer’s prepared testimony says.

The remarks suggest that American officials will continue their offensive this year on the World Trade Organization, the international body charged with writing and enforcing trade rules.

The international trading system was largely built by the United States, but the Trump administration argues that its rules have put Americans at a disadvantage, preventing the United States from taking actions to protect its workers while doing little to curb unfair trade practices by China and other nations. The United States wants to change the organization’s rules, efforts that critics say have crippled it and edged it into further irrelevance.

Mr. Lighthizer is expected to deliver his remarks, along with a review of the administration’s recent trade accomplishments, to the House committee in
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