US tariff rate to hit 15% or more for some nations, Greer says
The U.S. plans to raise some global tariffs from 10% to 15% or higher to address unfair trade practices while maintaining existing trade agreements, Trade Representative Greer said.
- The U.S. tariff rate for some countries will rise to 15% or higher from the newly imposed 10%, according to U.S. Trade Representative Jamieson Greer.
- Greer stated that the administration does not intend to raise tariffs on Chinese goods above current levels as President Trump plans to travel to China.
- Greer said investigations into unfair trade practices under Section 301 would be the centerpiece of the replacement effort, targeting countries like China and Vietnam.
54 Articles
54 Articles
US Tariff Rates to Hit 15 Percent or More for Some Nations Under New Strategy
U.S. Trade Representative Jameson Greer said tariff rates could climb to 15 percent or more for some nations as the Trump administration conducts probes into unfair trade practices after a Supreme Court ruling that invalidated parts of the previous tariff policy. Greer appeared on Fox Business program Mornings With Maria, and spoke with host Maria Bartiromo about a shift to tools such as Section 301 targets unfair trade practices, including for…
The U.S. representative for the Greer trade: come into force at 10%, we are working on 15%
Tariff rate for some nations will rise to 15 percent: Trade representative
U.S. Trade Representative Jamieson Greer on Wednesday said some nations will face a 15 percent tariff or higher as President Trump looks to rewire trade policy in the wake of a Supreme Court ruling that struck down most of his sweeping tariffs. “Right now, we have the 10 percent tariff. It’ll go up to 15 percent…
US Trade Representative (USTR) Jamison Greer stated on the 25th regarding the 10% global tariffs imposed by President Donald Trump following the Supreme Court's ruling that reciprocal tariffs were illegal, "It will affect some countries by increasing them to 15%, and it could go higher for others." The 10% tariffs that Trump announced immediately after the Supreme Court ruling on the 20th took effect at 00:01 on the 24th, and a White House offic…
President Donald Trump will sign a directive in the coming days to raise his global tariff to 15 percent 'where appropriate'.
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