Trump is rumoured to want to bring back COOL as part of his
promises to revamp trade agreements to make them better for Americans.
But Senator Pat Roberts from Kansas warned that the World
Trade Organization could punish the U.S. for implanting COOL requirements.
“We’ve been down this road before,” Roberts said.
“We fixed the issue of COOL in 2015.
“We don’t need to go down that road again. We narrowly
escaped about $4 billion … in retaliatory tariffs against the United States.
“I do not think we need a constantly changing list of key
elements of a model trade agreement …,” he said of the Trump promise to
renegotiate the North American Free Trade Agreement.
“What we need is a U.S. Trade Representative confirmed … and
in place who will embark on a robust trade policy.”
Trump is expected to soon
sign two new executive orders, one that would require the review of all
existing trade deals and the other to review and change government purchasing
policies.
