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Earlier, Ross warned America's trading partners to practice "fair trade" and cut state control over business if they want access to the world's biggest economy.Shares of American metal producers including Alcoa Corp. and Nucor Corp. rose as Ross railed against foreign dumping in the U.S. market and other unfair trade practices.Turning to the issues at home, Ross said the infrastructure needs of the U.S. are "monumental," and he advocated some amount of deregulation and corporate tax reductions to help American businesses be competitive and to attract investment from foreign business.Sen. Marco Rubio, a Florida Republican who introduced Ross at the hearing, said Ross has valuable business experience and created jobs in many sectors of the economy. As a Cabinet member, he'll be able to connect policy debates to what's happening in the real world, Rubio said.In his opening remarks Wednesday, Ross said the companies he's invested in operated in 23 countries, and he's been in complicated situations involving the U.S. manufacturing sector.
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