April 8, 2025, 12:21 pm
The U.S. Trade Representative is coming under fire from lawmakers who criticize the administration’s global tariff strategy. Lawmakers argue that while tariffs have led to international negotiations for lower trade barriers, they also risk broader economic fallout and potential retaliatory measures. The debate centers on reconciling tough enforcement with economic balance, as critics push for adjustments that safeguard key industries and maintain stable market conditions while addressing international trade disputes.
U.S. Trade Representative Jamieson Greer addressed senators after global markets swung wildly and some business leaders lambasted the president's aggressive bid to raise tariffs.
U.S. Trade Representative Jamieson Greer told the Senate Finance Committee that Trump's tariffs are yielding results by prompting other countries to negotiate for lower trade barriers, despite global market turbulence and business criticism.
Canada is being hit by automobile, steel and aluminum tariffs, and still faces the ongoing threat of economy-wide fentanyl-related tariffs.
3 stories from 3 sources in 6 days ago ... #economy #trade #us-relations #global-trade #tariffs #autosector #politics #senate #finance
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