With Ross' experience with the plight of distressed U.S. sectors, industry sources told Morning Trade that his pick would be well supported by steel companies waging war against China and other countries through a multitude of trade cases filed through the Commerce Department.


"[Ross] has both of the requisite characteristics: he's a successful businessman and he's a mercantilist who wants to open foreign markets and close U.S. markets," said Dan Ikenson, director of trade policy studies at the free-market Cato Institute. "Through his discretion, he could make the U.S. antidumping and countervailing duty laws more accessible to U.S. petitioners, which is bad news for consumers and consuming industries. Other than that, he can't cause too much mischief as Commerce secretary."

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