US commerce secretary pick Ross warns world trading nations to play fair
He also urges them to cut state control over business for access to US economy
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Washington
BILLIONAIRE Wilbur Ross, nominated by US president-elect Donald Trump to serve as commerce secretary, is warning America's trading partners to practise "fair trade" and cut state control over business if they want access to the world's biggest economy.
"The United States should provide that access to nations who agree to play by our standards of fair trade," Mr Ross said in testimony on Wednesday in Washington before the Senate Commerce Committee, which will vote on his nomination. "We should not put up with malicious trading activities, state-owned enterprises or subsidised production."
Share with us your feedback on BT's products and services