Story highlights Trump will sign two executive orders on trade Friday

The move precedes his first meeting with Chinese President Xi Jinping

Washington (CNN) President Donald Trump on Friday made the next move in his bid to reshape US trade policy, signing two executive orders aimed at combating foreign trade abuses that contribute to the US's half-trillion-dollar trade deficit.

Trump's executive orders initiate a large-scale review of the causes of the US' trade deficits with some of its largest trading partners and order stricter enforcement of US anti-dumping laws to prevent foreign manufacturers from undercutting US companies by selling goods at an unfair price. The orders marked Trump's latest attempt to follow through on his campaign rhetoric decrying other countries for taking advantage of the US' trade policies.

Vowing that the "theft of American prosperity will end," Trump said Friday that his administration "will take necessary and lawful action" to end trade abuses.

"Thousands of factories have been stolen from our country," he said, vowing to create a "level playing field" for US workers.

The signing comes a week before Trump is set to meet with Chinese President Xi Jinping. China, the largest source of the US's trade deficit, has repeatedly run afoul of the US' anti-dumping laws, and Trump has repeatedly accused the country of hurting the US economy through unfair trading practices.

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