USTR’s Greer says Trump’s latest tariffs won’t have an economic impact
Trade Representative Jamieson Greer said on Monday President Donald Trump’s new tariffs on 60 trading partners over their alleged lax enforcement of forced labor bans will likely not have an economic impact in part because the rates of 10% or 12.5% are similar to recent global tariff actions. Greer told Fox News Channel’s "Special Report with Brett Baier" that the new Section 301 duties are imposed on a smaller group of countries than a now-expired 10% temporary tariff, which was universal.
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Trade Representative Jamieson Greer said on Monday President Donald Trump’s new tariffs on 60 trading partners over their alleged lax enforcement of forced labor bans will likely not have an economic impact in part because the rates of 10% or 12.5% are similar to recent global tariff actions. Greer told Fox News Channel’s "Special Report with Brett Baier" that the new Section 301 duties are imposed on a smaller group of countries than a now-expired 10% temporary tariff, which was universal. But the agency has said that the forced labor duties would still cover 99.4% of U.S. "Well, I don’t think it has an impact at all," Greer said when asked if the tariffs would impact the Federal Reserve’s monetary policy decision-making this week.
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- Trade Representative Jamieson Greer said on Monday President Donald Trump’s new tariffs on 60 trading partners over their alleged lax enforcement of forced labor bans will likely not have an economic impact in part because the rates of 10% or 12.5% are similar to recent global tariff actions. Greer told Fox News Channel’s "Special Report with Brett Baier" that the new Section 301 duties are imposed on a smaller group of countries than a now-expired 10% temporary tariff, which was universal.
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USTR’s Greer says Trump’s latest tariffs won’t have an economic impact
Sources1TypeCoverageInvesting.com · Economy