USTR points to Korea's steel industry as he defends Trump's tariff policy
U.S. Trade Representative Jamieson Greer defended President Trump's tariff policy by highlighting Korea's emergence as a major steel producer despite its limited resources. He criticized foreign government interventions that distort trade balances and emphasized the need for a new economic order based on fairness and reciprocity. Greer announced ongoing investigations into several countries to address unfair trade practices and potential new tariffs.
- ▪Jamieson Greer cited Korea's rise as a steelmaking powerhouse in defense of Trump's tariff policy.
- ▪The USTR is investigating Korea, China, Japan, and others for unfair trade practices.
- ▪Greer emphasized the need for a new international economic order based on balance and fairness.
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U.S. Trade Representative Jamieson Greer arrives for the G7 trade meeting in Paris, May 6. AP-YonhapWASHINGTON — U.S. Trade Representative (USTR) Jamieson Greer cited Korea's rise as a "steelmaking powerhouse" in a recent article defending President Donald Trump's tariff policy and criticizing foreign government intervention.Greer released the article in the June issue of the International Monetary Fund's Finance and Development Magazine on Friday, as his office is carrying out investigations into Korea, China, Japan and other trading partners to uncover "unfair trade practices," which could result in new tariffs."How can it be that the United States, with the most bountiful cropland in the world, runs a trade deficit in agriculture? How can it be that Korea — with limited energy…
Excerpt limited to ~120 words for fair-use compliance. The full article is at Korea Times.
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