USTR says US to honor tariff caps in trade deals: reports
U.S. Trade Representative Jamieson Greer affirmed that the United States will adhere to tariff caps established in previous trade agreements with various countries. His comments came amid concerns regarding potential new tariffs resulting from ongoing trade investigations. Greer emphasized the importance of honoring trade deals while addressing problematic trading practices.
- ▪U.S. Trade Representative Jamieson Greer stated that the U.S. will honor tariff caps in trade deals with the EU, Japan, and others.
- ▪The USTR proposed imposing tariffs on products from 60 trading partners over alleged forced labor violations.
- ▪South Korea could face a 12.5 percent tariff as part of these investigations.
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United States Trade Representative Jamieson Greer speaks during a House Appropriations Subcommittee on Commerce, Justice, Science, and Related Agencies hearing on The Office of the United States Trade Representative's budget in the Rayburn House Office Building near the U.S. Capitol in Washington, DC on Apr. 16. UPI-YonhapWASHINGTON — U.S. Trade Representative (USTR) Jamieson Greer said Thursday that the United States will honor tariff caps in last year's trade deals with the European Union, Japan and other countries, saying "a deal is a deal," according to news reports.He made the remarks during a press availability on the margins of an Organization for Economic Cooperation and Development (OECD) ministerial meeting in Paris, Reuters and Bloomberg reported, amid concerns that U.S.
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Excerpt limited to ~120 words for fair-use compliance. The full article is at Korea Times.