Commerce Sec. Lutnick and USTR Greer to meet with GOP Ways and Means committee members about trade negotiations later this week.
The Ways and Means Committee is in charge of
Managing tariff and trade legislation, including free trade agreements
Works with the U.S. Trade Representative and influences trade enforcement and customs policies.
The Trump administration has pretty much usurped the power of trade agreements bythe ubiquitous “national security” in all it’s letters of tariffs to countries.
Is there something brewing that might have Congress take back some of the power (or checks and balances) from the Pres. and his team?We will see.
This article was written by Greg Michalowski at www.forexlive.com.