US EditionU.S. trade representative faces pushback from lawmakers over Trump’s global tariffs
- Democratic Senator Mark Warner expressed frustration with U.S. Trade Representative Jamieson Greer over tariffs on Australia during a Senate Finance Committee hearing.
- Greer stated that the 10% tariff on Australia is the lowest possible rate and acknowledged that escalated trade tensions won't resolve quickly.
- Warner mentioned that the U.S. Has a trade surplus with Australia, despite the country's ban on American beef imports since 2005.
- Both parties in Congress remain unclear about the objectives of Trump's tariff agenda, with growing calls to limit the President's trade powers.
121 Articles
121 Articles
How Much Did Congress Make Off Market Turmoil and Why’re They Allowed to Make Anything at All?
When Donald Trump’s top trade official was in the middle of testifying to Congress on Wednesday, the markets seemed to be in a free fall. Jamieson Greer, the U.S. trade representative, was speaking to Congress only hours after Trump went on his social media platform and encouraged investors to buy stocks at low prices. As Greer was testifying, something unexpected happened: The president announced a 90-day pause on sweeping global tariffs. After…
U.S. trade rep says there is no effort to ‘reinvigorate’ trade with Russia
President Trump did not include Russia on his target list for reciprocal tariffs because there is little trade with Russia, and the U.S. already hit Moscow with big sanctions and levies over its invasion of Ukraine, a top trade official said Wednesday.
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