In Trump cabinet, Commerce Secretary will run trade policyWEST PALM BEACH, Fla./WASHINGTON (Reuters) - U.S. President-elect Donald Trump plans to put his pick for Commerce Secretary, billionaire investor Wilbur Ross, in charge of his get-tough trade policy, a transition team spokesman said on Tuesday. It is a signal of how Trump, who is also interviewing candidates to be the U.S. Trade Representative (USTR), plans to elevate a crackdown on competitors in the world market and the overhaul of trade deals that he says have hurt U.S. factory jobs. The USTR will not be merged with Commerce, but Trump transition team spokesman Jason Miller made clear that most trade policy decisions would be steered by Ross, who made a good part of his fortune by investing in distressed steel companies that benefited from stiff import tariffs imposed by former President George W. Bush in the early 2000s. “Mr. Ross not only has negotiated some very good deals over his lifetime, he’s also the person who worked closely with the president-elect on crafting his trade policy over the administration,” Miller told reporters during a daily transition briefing. “Mr. Ross will be playing a big role in any trade particulars in this administration.” The move also marks a notable shift from trade policy management in President Barack Obama’s administration, where USTR Michael Froman was seen as the main trade architect, negotiating a 12-country Pacific Rim trade deal that ultimately failed to win approval in Congress.    “It looks like the USTR office is being downgraded and subordinated to Commerce,” said Derek Scissors, a trade expert at the American Enterprise Institute, a right-leaning think tank in Washington. “That’s a big change because USTR is this small elite trade agency right across from the White House.” Trump, who takes office on Jan. 20, blamed multilateral trade deals with Mexico and China for the loss of U.S. jobs, a core message during his campaign, and said he would push to renegotiate the agreements. Trump’s administration is expected to crack down on Chinese trade practices with enforcement cases, which has raised fears Beijing would retaliate. He has also pledged to hit companies that shift production from the United States to other countries with a 35 percent tax on their exports into the United States — legislation he said his team would soon “write up.” Ross has also been a key adviser on another top Trump priority: a proposal to use tax credits to help spur $1 trillion of private and public spending on roads, bridges and other infrastructure. Trump plans to delegate coordination of that plan to the head of an infrastructure task force, the Washington Post reported on Tuesday, citing unnamed sources briefed on the plans. Trump has picked more than 20 nominees for his cabinet so far, packing his team with billionaires from the business world, retired generals, and loyalists. He is continuing to interview candidates for his cabinet this week at Mar-a-Lago, his Palm Beach resort, where he will spend the Christmas holiday — including potential picks for the USTR job. Elevating Ross’ role as Commerce Secretary could make the USTR job less attractive to potential candidates with top-tier trade expertise, said Scissors at the American Enterprise Institute. Traditionally, the USTR takes the lead on negotiations for trade deals, while Commerce, a massive sprawling agency, handles enforcement actions including anti-dumping and anti-subsidy investigations of low-cost imports.  On Tuesday, Trump was slated to meet about the USTR position with Jovita Carranza, who was deputy administrator with the Small Business Administration in the George W. Bush White House and a former executive with United Parcel Service Inc. Carranza, now a consultant, was part of a group of Hispanic leaders who met with Trump in July, after he had come under fire for his hard line on immigration and criticism of an Indiana-born Mexican-American federal judge. She became part of his campaign’s Hispanic advisory council and ran a call center from her home during the campaign to boost support for Trump among Hispanic voters in North Carolina, Miller said. Trump has also discussed the USTR job with Robert Lighthizer, a former deputy USTR during the Reagan administration, and Dan DiMicco, former CEO of steel producer Nucor Corp. In 2012, Obama proposed to combine Commerce and the USTR with the Small Business Administration, Export-Import Bank, Overseas Private Investment Corporation and U.S. Trade and Development Agency in one streamlined department — a plan that was rejected by Congress. Trump has no plans to merge Commerce with the USTR, Miller said. politicsNews
in trump cabinet commerce secretary run trade policywest palm beach reuters donald trump plans put pick commerce secretary billionaire investor wilbur ross charge trade policy transition team spokesman said tuesday it signal trump also interviewing candidates trade representative user plans elevate crackdown competitors world market overhaul trade deals says hurt factory jobs the user merged commerce trump transition team spokesman jason miller made clear trade policy decisions would steered ross made good part fortune investing distressed steel companies benefited stiff import tariffs imposed former president george bush early mr ross negotiated good deals lifetime also person worked closely crafting trade policy administration miller told reporters daily transition briefing mr ross playing big role trade particulars the move also marks notable shift trade policy management president barack obama administration user michael roman seen main trade architect negotiating pacific rim trade deal ultimately failed win approval congress it looks like user office downgraded subordinated commerce said derek scissors trade expert american enterprise institute think tank washington that big change user small elite trade agency right across white trump takes office blamed multilateral trade deals mexico china loss jobs core message campaign said would push negotiate agreements trump administration expected crack chinese trade practices enforcement cases raised fears beijing would retaliate he also pledged hit companies shift production united states countries percent tax exports united states legislation said team would soon write ross also key adviser another top trump priority proposal use tax credits help spur trillion private public spending roads bridges infrastructure trump plans delegate coordination plan head infrastructure task force washington post reported tuesday citing unnamed sources briefed plans trump picked nominees cabinet far packing team billionaires business world retired generals loyalists he continuing interview candidates cabinet week palm beach resort spend christmas holiday including potential picks user job elevating ross role commerce secretary could make user job less attractive potential candidates trade expertise said scissors american enterprise institute traditionally user takes lead negotiations trade deals commerce massive sprawling agency handles enforcement actions including investigations imports on tuesday trump slated meet user position vita carranza deputy administrator small business administration george bush white house former executive united parcel service carranza consultant part group hispanic leaders met trump july come fire hard line immigration criticism federal judge she became part campaign hispanic advisory council ran call center home campaign boost support trump among hispanic voters north carolina miller said trump also discussed user job robert lighthizer former deputy user reagan administration dan dimicco former ceo steel producer nuco corp in obama proposed combine commerce user small business administration bank overseas private investment corporation trade development agency one streamlined department plan rejected congress trump plans merge commerce user miller said politicsnews
Your task is to classify the provided input as real or fake news. Label 0 is meant for fake news, Label 1 is for real news. TEXT: In Trump cabinet, Commerce Secretary will run trade policyWEST PALM BEACH, Fla./WASHINGTON (Reuters) - U.S. President-elect Donald Trump plans to put his pick for Commerce Secretary, billionaire investor Wilbur Ross, in charge of his get-tough trade policy, a transition team spokesman said on Tuesday. It is a signal of how Trump, who is also interviewing candidates to be the U.S. Trade Representative (USTR), plans to elevate a crackdown on competitors in the world market and the overhaul of trade deals that he says have hurt U.S. factory jobs. The USTR will not be merged with Commerce, but Trump transition team spokesman Jason Miller made clear that most trade policy decisions would be steered by Ross, who made a good part of his fortune by investing in distressed steel companies that benefited from stiff import tariffs imposed by former President George W. Bush in the early 2000s. “Mr. Ross not only has negotiated some very good deals over his lifetime, he’s also the person who worked closely with the president-elect on crafting his trade policy over the administration,” Miller told reporters during a daily transition briefing. “Mr. Ross will be playing a big role in any trade particulars in this administration.” The move also marks a notable shift from trade policy management in President Barack Obama’s administration, where USTR Michael Froman was seen as the main trade architect, negotiating a 12-country Pacific Rim trade deal that ultimately failed to win approval in Congress.    “It looks like the USTR office is being downgraded and subordinated to Commerce,” said Derek Scissors, a trade expert at the American Enterprise Institute, a right-leaning think tank in Washington. “That’s a big change because USTR is this small elite trade agency right across from the White House.” Trump, who takes office on Jan. 20, blamed multilateral trade deals with Mexico and China for the loss of U.S. jobs, a core message during his campaign, and said he would push to renegotiate the agreements. Trump’s administration is expected to crack down on Chinese trade practices with enforcement cases, which has raised fears Beijing would retaliate. He has also pledged to hit companies that shift production from the United States to other countries with a 35 percent tax on their exports into the United States — legislation he said his team would soon “write up.” Ross has also been a key adviser on another top Trump priority: a proposal to use tax credits to help spur $1 trillion of private and public spending on roads, bridges and other infrastructure. Trump plans to delegate coordination of that plan to the head of an infrastructure task force, the Washington Post reported on Tuesday, citing unnamed sources briefed on the plans. Trump has picked more than 20 nominees for his cabinet so far, packing his team with billionaires from the business world, retired generals, and loyalists. He is continuing to interview candidates for his cabinet this week at Mar-a-Lago, his Palm Beach resort, where he will spend the Christmas holiday — including potential picks for the USTR job. Elevating Ross’ role as Commerce Secretary could make the USTR job less attractive to potential candidates with top-tier trade expertise, said Scissors at the American Enterprise Institute. Traditionally, the USTR takes the lead on negotiations for trade deals, while Commerce, a massive sprawling agency, handles enforcement actions including anti-dumping and anti-subsidy investigations of low-cost imports.  On Tuesday, Trump was slated to meet about the USTR position with Jovita Carranza, who was deputy administrator with the Small Business Administration in the George W. Bush White House and a former executive with United Parcel Service Inc. Carranza, now a consultant, was part of a group of Hispanic leaders who met with Trump in July, after he had come under fire for his hard line on immigration and criticism of an Indiana-born Mexican-American federal judge. She became part of his campaign’s Hispanic advisory council and ran a call center from her home during the campaign to boost support for Trump among Hispanic voters in North Carolina, Miller said. Trump has also discussed the USTR job with Robert Lighthizer, a former deputy USTR during the Reagan administration, and Dan DiMicco, former CEO of steel producer Nucor Corp. In 2012, Obama proposed to combine Commerce and the USTR with the Small Business Administration, Export-Import Bank, Overseas Private Investment Corporation and U.S. Trade and Development Agency in one streamlined department — a plan that was rejected by Congress. Trump has no plans to merge Commerce with the USTR, Miller said. politicsNews
Your task is to classify the provided input as real or fake news. Label 0 is meant for fake news, Label 1 is for real news. TEXT: in trump cabinet commerce secretary run trade policywest palm beach reuters donald trump plans put pick commerce secretary billionaire investor wilbur ross charge trade policy transition team spokesman said tuesday it signal trump also interviewing candidates trade representative user plans elevate crackdown competitors world market overhaul trade deals says hurt factory jobs the user merged commerce trump transition team spokesman jason miller made clear trade policy decisions would steered ross made good part fortune investing distressed steel companies benefited stiff import tariffs imposed former president george bush early mr ross negotiated good deals lifetime also person worked closely crafting trade policy administration miller told reporters daily transition briefing mr ross playing big role trade particulars the move also marks notable shift trade policy management president barack obama administration user michael roman seen main trade architect negotiating pacific rim trade deal ultimately failed win approval congress it looks like user office downgraded subordinated commerce said derek scissors trade expert american enterprise institute think tank washington that big change user small elite trade agency right across white trump takes office blamed multilateral trade deals mexico china loss jobs core message campaign said would push negotiate agreements trump administration expected crack chinese trade practices enforcement cases raised fears beijing would retaliate he also pledged hit companies shift production united states countries percent tax exports united states legislation said team would soon write ross also key adviser another top trump priority proposal use tax credits help spur trillion private public spending roads bridges infrastructure trump plans delegate coordination plan head infrastructure task force washington post reported tuesday citing unnamed sources briefed plans trump picked nominees cabinet far packing team billionaires business world retired generals loyalists he continuing interview candidates cabinet week palm beach resort spend christmas holiday including potential picks user job elevating ross role commerce secretary could make user job less attractive potential candidates trade expertise said scissors american enterprise institute traditionally user takes lead negotiations trade deals commerce massive sprawling agency handles enforcement actions including investigations imports on tuesday trump slated meet user position vita carranza deputy administrator small business administration george bush white house former executive united parcel service carranza consultant part group hispanic leaders met trump july come fire hard line immigration criticism federal judge she became part campaign hispanic advisory council ran call center home campaign boost support trump among hispanic voters north carolina miller said trump also discussed user job robert lighthizer former deputy user reagan administration dan dimicco former ceo steel producer nuco corp in obama proposed combine commerce user small business administration bank overseas private investment corporation trade development agency one streamlined department plan rejected congress trump plans merge commerce user miller said politicsnews