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top trade adviser

Top Trump trade adviser offshored thousands of jobs

WASHINGTON:┬áBillionaire Wilbur Ross, chosen by Donald Trump to help implement the president-elect's trade agenda, earned his fortune in part by running businesses that have offshored thousands of US jobs, according to Labor Department data attained by Reuters. As a high-stakes investor a decade ago, Ross specialized in turning around troubled manufacturing companies at a time when the US economy was losing more than 100,000 jobs yearly due to global trade. A Senate confirmation hearing on his nomination to become commerce…