United States Supreme Court decision overturned part of Donald Trump’s measures, who responded by raising global tariffs to 15%
The US trade representative, Jamieson Greer, declared this Sunday (22) that Washington intends to maintain its trade agreements with the European Union, China and other countriesdespite Friday’s Supreme Court ruling on tariffs.
“We are in active negotiations with them (our trading partners). We want them to understand that these agreements will be beneficial. We intend to honor them. We expect our partners to honor them,” he said Sunday morning on CBS’s “Face the Nation.”
To ABC, he clarified that the meeting planned for April between American President Donald Trump and Chinese President Xi Jinping, it was not intended to address “a commercial dispute”.
“It’s about maintaining stability, making sure they keep their side of the bargain and buying American agricultural products and Boeings and other goods, and making sure they send us the rare earth elements that we need,” he explained. “If there are areas for new agreements, we will find them.”
On Friday, the US Supreme Court struck down most of the tariffs imposed by Trump.
In response, the president on Saturday increased the country’s global tariff from 10% to 15%, which will come into effect on February 24 for a period of 150 days, with sectoral exemptions.
“It’s important to understand that over the years, Congress has delegated enormous authority to the president regarding tariffs,” Greer argued on CBS.
*AFP