A group advising U.S. President Donald Trump on infrastructure has proposed an arbitration-style pilot program to slash the current 10 years it often takes to break ground on projects, without short-changing environmental standards.
Builders, unions and others often rue a permitting processes that can last a decade or more – a potential snag in Trump’s plan to launch a 10-year, $1 trillion infrastructure building program to create jobs and bolster the world’s biggest economy.
Australia, Canada and Germany typically take two years to approve infrastructure projects compared with 10 years in the United States, he said.
Trump's USTR nominee pledges tough enforcement of U.S. trade laws
President Donald Trump's choice for the top U.S. trade negotiator on Tuesday pledged an "America First" strategy to aggressively enforce U.S. laws and trade deals to stop unfair imports and push China to scrap excess factory capacity.
Robert Lighthizer, the U.S. Trade Representative nominee, told senators at his confirmation hearing that Trump chose him because of his trade enforcement background.
Lighthizer said he would bring as many trade enforcement actions as can be justified under World Trade Organization rules, bilateral trade agreements and U.S. trade remedy laws.
Reference: Reuters
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