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politics1d ago
‘Yes, there’s a strategy’: Trump’s trade chief hits back at tariff critics
- Greer says there is a strategy behind Trump’s tariff program, not chaos, with tariffs set as leverage to reshape deals and supply chains.
- Greer outlines tariff layers, with the highest rates on China and broader increases for Southeast Asia, India, and allies with issues.
- He says IEEPA is the best tool for tariffs and anticipates the Supreme Court ruling on its use.
- Greer discusses USMCA and potential rule tweaks to tighten local content requirements and protections.
- He says Europe is becoming more pragmatic, focusing on implementation of tariffs and non-tariff barriers.
- Greer argues the U.S. aims for mutual benefits, not containment, in China policy.
- Greer notes affordability is driven more by health care and housing costs than tariffs alone.
- Greer says tariffs can be used as leverage to secure deals, then relief can follow once negotiations progress.
- He confirms ongoing talks and potential modifications with India and cautions about political sensitivity in Congress.
- Greer characterizes European talks as constructive, focusing on implementation rather than dispute.
- He anticipates that tariffs will persist as a policy tool, with potential future adjustments as negotiations evolve.
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