<html><head><meta http-equiv="Content-Type" content="text/html charset=utf-8"></head><body style="word-wrap: break-word; -webkit-nbsp-mode: space; -webkit-line-break: after-white-space;" class=""><div style="margin: 0in 0in 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif;" class="">INSIDE US TRADE<o:p class=""></o:p></div><div style="margin: 0in 0in 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif;" class=""><o:p class=""> </o:p></div><h1 style="margin-right: 0in; margin-left: 0in; font-size: 24pt; font-family: 'Times New Roman', serif; margin-bottom: 7.5pt;" class=""><span style="font-size: 22pt; color: rgb(51, 51, 51);" class="">DiMicco to head Trump's USTR transition; Malpass, Walton to oversee economic team<o:p class=""></o:p></span></h1><p class="MsoNormal" style="margin: 0in 0in 12pt; font-size: 11pt; font-family: Calibri, sans-serif;">November 09, 2016<span style="font-size: 12pt;" class=""><o:p class=""></o:p></span></p><p style="margin-right: 0in; margin-left: 0in; font-size: 12pt; font-family: 'Times New Roman', serif; margin-bottom: 12pt; background-color: white; orphans: 2; widows: 2;" class=""><span style="font-size: 9pt; font-family: Arial, sans-serif;" class="">Dan DiMicco, former chief executive of steel producer Nucor and senior trade adviser for President-elect Donald Trump's campaign, will lead the Trump administration's transition efforts for the Office of the U.S. Trade Representative, according to a document obtained by<span class="apple-converted-space"> </span><em class=""><span style="border: 1pt none windowtext; padding: 0in;" class="">Inside U.S. Trade</span></em>.<o:p class=""></o:p></span></p><p style="margin-right: 0in; margin-left: 0in; font-size: 12pt; font-family: 'Times New Roman', serif; margin-bottom: 12pt; background-color: white; orphans: 2; widows: 2;" class=""><span style="font-size: 9pt; font-family: Arial, sans-serif;" class="">Bill Walton, vice president of the conservative Council for National Policy, and David Malpass, a senior economic adviser to Trump who served as deputy assistant Treasury secretary under President Reagan and deputy assistant secretary of state President George H.W. Bush, will jointly oversee “economic issues” on the transition team.<o:p class=""></o:p></span></p><p style="margin-right: 0in; margin-left: 0in; font-size: 12pt; font-family: 'Times New Roman', serif; margin-bottom: 12pt; background-color: white; orphans: 2; widows: 2;" class=""><span style="font-size: 9pt; font-family: Arial, sans-serif;" class="">DiMicco's role of managing the USTR transition falls under that category, along with other agencies, according to a chart laying out the structure of Trump's transition team by agency.<o:p class=""></o:p></span></p><p style="margin-right: 0in; margin-left: 0in; font-size: 12pt; font-family: 'Times New Roman', serif; margin-bottom: 12pt; background-color: white; orphans: 2; widows: 2;" class=""><span style="font-size: 9pt; font-family: Arial, sans-serif;" class="">Accordingly, Malpass will also deal with the Treasury Department's transition.<o:p class=""></o:p></span></p><p style="margin-right: 0in; margin-left: 0in; font-size: 12pt; font-family: 'Times New Roman', serif; margin-bottom: 12pt; background-color: white; orphans: 2; widows: 2;" class=""><span style="font-size: 9pt; font-family: Arial, sans-serif;" class="">Ray Washburn, a reportedly integral player in Trump's fundraising efforts during the campaign, will head the Commerce Department transition effort, the document shows.<o:p class=""></o:p></span></p><p style="margin-right: 0in; margin-left: 0in; font-size: 12pt; font-family: 'Times New Roman', serif; margin-bottom: 12pt; background-color: white; orphans: 2; widows: 2;" class=""><span style="font-size: 9pt; font-family: Arial, sans-serif;" class="">During the campaign, DiMicco -- much like Trump -- said trade agreements like NAFTA eliminated jobs and hollowed out the American manufacturing base. He also has blasted China for dumping steel into global markets and allegedly manipulating its currency.<o:p class=""></o:p></span></p><p style="margin-right: 0in; margin-left: 0in; font-size: 12pt; font-family: 'Times New Roman', serif; margin-bottom: 12pt; background-color: white; orphans: 2; widows: 2;" class=""><span style="font-size: 9pt; font-family: Arial, sans-serif;" class="">One source said that heads of agency transitions have a higher chance of being nominated for the analogous cabinet position once the new president is sworn in, and that DiMicco would likely be interested and willing to serve as USTR in a Trump administration.<o:p class=""></o:p></span></p><p style="margin-right: 0in; margin-left: 0in; font-size: 12pt; font-family: 'Times New Roman', serif; margin-bottom: 12pt; background-color: white; orphans: 2; widows: 2;" class=""><span style="font-size: 9pt; font-family: Arial, sans-serif;" class="">A different source, who independently listed DiMicco as a potential USTR pick, said his economic policies are “off the charts” relative to mainstream economic thinking. That source said DiMicco's approach to economics would not translate into policies that benefit American workers.<o:p class=""></o:p></span></p><p style="margin-right: 0in; margin-left: 0in; font-size: 12pt; font-family: 'Times New Roman', serif; margin-bottom: 12pt; background-color: white; orphans: 2; widows: 2;" class=""><span style="font-size: 9pt; font-family: Arial, sans-serif;" class="">President Obama will meet with Trump Thursday morning at the White House to discuss the transition. Obama in remarks on Nov. 9 pledged to assist Trump in his transition as best he could.<span class="apple-converted-space"> </span><em class=""><span style="border: 1pt none windowtext; padding: 0in;" class="">-- Jack Capora</span></em></span></p></body></html>