'Trump Tariff Rates Unlikely to Change'
UNITED STATES, AUG 4 – Tariff rates between 10% and 41% will take effect Aug 7, used as economic and geopolitical tools including punitive measures against Brazil, U.S. Trade Representative said.
- On Sunday, U.S. Trade Representative Jamieson Greer said the coming days are unlikely to see changes in the tariff rates, which will kick in on Aug 7 and are 'pretty much set.'
- The executive order signed last Thursday established tariffs on about 70 countries, with rates between 10 and 41 per cent for the European Union effective Aug 7.
- Among the countries facing steep new levies is Brazil, which has filed legal challenges arguing Trump overstepped his authority, as a Thursday court panel appeared skeptical.
- Amid ongoing talks, White House economic advisor Kevin Hassett said that while discussions will continue over the next week, he ruled out changing tariff rates, calling them 'the final deals.'
- Greer added that `Tariffs are actually lighter than a sanction`, highlighting Trump's use of tariffs for geopolitical goals.
15 Articles
15 Articles
'Trump tariff rates unlikely to change'
New US tariff rates are "pretty much set" with little immediate room for negotiation, Donald Trump's trade advisor said in remarks aired Sunday, also defending the president's politically driven levies against Brazil. Trump, who has wielded tariffs as a tool of American economic might, has set tariff rates for dozens of economies including the European Union at between 10 and 41 percent come August 7, his new hard deadline for the duties. In a p…
Tariff Rates ‘Pretty Much Set,’ Says US Trade Representative - The Thinking Conservative
President Trump’s trade representative, Jamieson Greer, said that Americans should expect the administration’s tariff levels to remain where they are. The post Tariff Rates ‘Pretty Much Set,’ Says US Trade Representative appeared first on The Thinking Conservative.
U.S. trade representative on tariff rates and sanctions
WASHINGTON (CBS, KYMA/KECY) - U.S. Trade Representative Jamieson Greer spoke with Margaret Brennan on Face the Nation Sunday about tariff rates. According to Brennan, President Donald Trump signed an executive order last Thursday, raising tariff rates on about 70 countries, prompting her to ask Greer if those will be negotiated down in the coming days, to which Greer said: "I don't think they will be in the coming days. I think a lot of these, …
Trump new tariff rates ‘pretty much set,’ says US trade representative
Speaking on Sunday, US Trade Representative Jamieson Greer said the rates, set to take effect on August 7, are “pretty much set,” defending the president’s strategy as both economic and geopolitical.
Tariff Rates ‘Pretty Much Set,’ Says US Trade Representative
President Donald Trump’s trade representative, Jamieson Greer, said that Americans should expect the administration’s tariff levels to remain where they are, even as some trading partners look to negotiate deals past a key deadline. In an interview with CBS’s “Face the Nation” taped on Aug. 1 but aired on Aug. 3, Greer said he does not expect trading partners that have yet to strike deals with the United States to negotiate tariffs down in the c…
U.S. Trade Representative Jamieson Greer recently stated in an interview that the new U.S. tariff rate is essentially set, raising questions about the government's claim that Taiwan's 20% tariff rate could be lowered. Legislator Wang Ting-yu responded on the 4th by omitting the full information and distorting the facts with fragmented information.
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