What does the cryptic crossword clue "Company president going after trade with road authority! (7,3)" mean?

The wordplay uses a charade (building blocks). TRAFFIC (synonym="trade") + CO (synonym="CO") + P (synonym="P") = TRAFFICCOP The answer is TRAFFICCOP.

Company president going after trade with road authority! (7,3)

Guardian Cryptic #29240 | 5 Down | 2023-11-29 flower