US trade representative Jaimison Greer said in an interview aired on Sunday that President Trump New -declared tariff rates There are “too much set” and the public should not expect them to come down in the near future.
“I don’t, I don’t think they will be in the coming days,” Greer said on CBS News’s “Face the Nation”, when he was asked if he hopes that he would be interacted in rates in the coming days.
He said that several tariff rates have been announced “The rates have been determined according to the deals”.
“Some of these deals are announced, some are not, other people depend on the business deficit or surplus levels that we have with the country,” the Greece continued. “So, these tariff rates are very high sets.”
Greer said he hoped to talk to the call of international trade leaders to “blow” his phone, but Greer suggested that the latest tariff would be likely to announce where Trump is on the ground on the issue.
“There are trade ministers who want to talk more and see how they can work with the United States in a different way, but I think we have, we are really looking at the controls of the President’s Tariff Scheme with these rates,” he continued.
Trump signedexecutive OrderTariff rates for dozens of countries were revised after a twice plan to implement “mutual” tariffs on other countries. Tariff rates are lower than 41 percent to 10 percent on goods from Syria, the baseline installed for all imports.
The executive order states that all imports will face 10 percent tariffs. The order applies on 7 August.
Some countries have negotiated separate trade agreements to lock at tariff rates. For example, Indonesia and Thailand agreed for 19 percent tariffs, South Korea and Japan interacted on deals that included 15 percent tariffs, and the United Kingdom made a deal for 10 percent tariff. Some other nations that have not interacted on deals will face high rates.
