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Jameson Greer

๐Ÿ‘ค Speaker
288 total appearances

Appearances Over Time

Podcast Appearances

Bloomberg Talks
US Trade Rep. Greer Talks 15% Tariff, USMCA, EU Trade Deal

That stays the same.

Bloomberg Talks
US Trade Rep. Greer Talks 15% Tariff, USMCA, EU Trade Deal

With the UK, we gave them a quota on cars.

Bloomberg Talks
US Trade Rep. Greer Talks 15% Tariff, USMCA, EU Trade Deal

We gave them a quota of beef to import duty-free.

Bloomberg Talks
US Trade Rep. Greer Talks 15% Tariff, USMCA, EU Trade Deal

That stays the same.

Bloomberg Talks
US Trade Rep. Greer Talks 15% Tariff, USMCA, EU Trade Deal

So a lot of these parts stay the same.

Bloomberg Talks
US Trade Rep. Greer Talks 15% Tariff, USMCA, EU Trade Deal

But just like Brussels hasn't fully implemented its deal or the UK hasn't fully implemented its deal, we also need a couple months now to have some domestic procedures because the Supreme Court struck down all of this.

Bloomberg Talks
US Trade Rep. Greer Talks 15% Tariff, USMCA, EU Trade Deal

It's pretty normal when you have a trade deal to implement over time.

Bloomberg Talks
US Trade Rep. Greer Talks 15% Tariff, USMCA, EU Trade Deal

Most trade deals take years to implement.

Bloomberg Talks
US Trade Rep. Greer Talks 15% Tariff, USMCA, EU Trade Deal

We're on the fast track, and so we're just going to have to have a couple, three months to make sure that we rejigger the tariffs in a way that comply with our end of the deal, and we expect the EU and the UK to hold up their end of the bargain, too.

Bloomberg Talks
US Trade Rep. Greer Talks 15% Tariff, USMCA, EU Trade Deal

So right now, as we talked about, 10% is in place.

Bloomberg Talks
US Trade Rep. Greer Talks 15% Tariff, USMCA, EU Trade Deal

There will be a proclamation raising it to 15% where appropriate.

Bloomberg Talks
US Trade Rep. Greer Talks 15% Tariff, USMCA, EU Trade Deal

And so once that comes out, I'm happy to come back on and explain how that might accommodate other countries where there's a deal.

Bloomberg Talks
US Trade Rep. Greer Talks 15% Tariff, USMCA, EU Trade Deal

Well, we want to make through that we go through the legal process and we get out a proclamation.

Bloomberg Talks
US Trade Rep. Greer Talks 15% Tariff, USMCA, EU Trade Deal

Again, this is anytime we put on a tariff, we're going to have foreign interests who want to bring it down.

Bloomberg Talks
US Trade Rep. Greer Talks 15% Tariff, USMCA, EU Trade Deal

So people are going to sue us.

Bloomberg Talks
US Trade Rep. Greer Talks 15% Tariff, USMCA, EU Trade Deal

So I'm not going to get ahead of the president.

Bloomberg Talks
US Trade Rep. Greer Talks 15% Tariff, USMCA, EU Trade Deal

I'm not going to get ahead of the White House counsel and all these folks who are implementing this.

Bloomberg Talks
US Trade Rep. Greer Talks 15% Tariff, USMCA, EU Trade Deal

So when that comes out, they'll be very clear what and how and why.

Bloomberg Talks
US Trade Rep. Greer Talks 15% Tariff, USMCA, EU Trade Deal

Yes.

Bloomberg Talks
US Trade Rep. Greer Talks 15% Tariff, USMCA, EU Trade Deal

So Section 301 is a country-specific tool, and it allows the president to investigate unfair trading practices by countries.