U.S. trade rep says Trump tariffs are getting results, but things may be 'challenging' for awhile
U.S. Trade Representative Jamieson Greer testifies before the Senate Finance Committee on Capitol Hill on Tuesday. Credit: AP/Mark Schiefelbein
WASHINGTON — The nation's top trade representative said Tuesday that President Donald Trump’s sweeping tariffs are already getting results, bringing other countries to the negotiating table to discuss reducing their trade barriers.
U.S. Trade Representative Jamieson Greer addressed the Senate Finance Committee a day after global markets swung wildly and some business leaders lambasted the president's aggressive bid to raise tariffs on almost every nation on earth.
Greer testified that “about 50'' countries have sought talks to escape Trump's import tariffs. He said, for example, that Vietnam is cutting its own tariffs on apples, almonds and cherries. The import taxes are designed to reduce America's massive trade deficits, but Greer conceded that it will take time and that the adjustment might ”be challenging at times.''
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