White House picks Thomas Storch as new senior trade adviser

Storch was previously senior director for global economics, finance, and development at the National Security Council.

    New White House senior trade advisor was a key player in creating the economic plan for the Middle East that Trump senior adviser Jared Kushner proposed to try to jumpstart peace process between Israel and the Palestinians at a conference in Bahrain in June [File: Kevin Lamarque/Reuters]
    New White House senior trade advisor was a key player in creating the economic plan for the Middle East that Trump senior adviser Jared Kushner proposed to try to jumpstart peace process between Israel and the Palestinians at a conference in Bahrain in June [File: Kevin Lamarque/Reuters]

    The White House on Thursday named Thomas Storch as a new senior trade adviser, taking on the position just as the United States attempts to conclude a trade deal with China.

    Storch, who was part of a high-level delegation to Bahrain for Middle East talks earlier this year, fills the role left open by Kelly Ann Shaw, the G7 and senior trade adviser whose departure was announced last week.

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    As head of the international division of the White House National Economic Council, Storch will report to President Donald Trump's senior economic adviser, Larry Kudlow, head of the NEC.

    Storch was a key player in creating the economic plan for the Middle East that Trump senior adviser Jared Kushner proposed to try to jumpstart the moribund peace process between Israel and Palestine at a conference in Bahrain in June.

    He was previously senior director for global economics, finance, and development at the National Security Council (NSC) with a portfolio that included the G7 and G20, as well as international financial institutions. He was also a senior official at the Trump Energy Department.

    The US and China are battling to conclude a trade deal by mid-November and hope Trump and Chinese President Xi Jinping can sign it at a site to be determined.

    They had planned to meet on the sidelines of an Asia-Pacific summit in Santiago, Chile, but massive protests against inequality forced Chile to cancel the gathering.

    Storch's appointment is part of a revamped National Economic Council, which now includes the international economics portfolio. Trump's new national security adviser, Robert O'Brien, shifted that portfolio from the National Security Council as part of plans to reduce the latter by about a third in the coming months.

    SOURCE: Reuters news agency