Jamieson Greer - who was nominated by President Donald Trump as a US trade representative - shared on 6.2 that universal tariffs need to be further studied to assess the impact on the growing trade deficit of the United States and Reuters reported.
During the approval hearing of the US Senate, Mr. Greer noted, committed in President Trump's election campaign on the universal tax rate of at least 10% will be considered according to the day -to -day trade memorandum. Inauguration, which requires reports before 1.4.
He said that this study will also consider the impact of the increasing US trade deficit, reaching a record of 1.2 trillion USD in 2024 when the amount of imported goods skyrocketed.
Greer, a commercial lawyer in Washington, was the Chief of the Office of former US Trade representative Robert Lighthizer in the first term of President Trump. Like Mr. Lighthizer, Mr. Greer wants to promote reducing trade deficit and treating equally from US trading partners.
In his speech, Mr. Greer said, this is a "big problem" when the trade deficit is increasing with some countries.
If confirmed as a US trade representative, Mr. Greer said he would evaluate the unfair trade activities of countries that maintain a major trade imbalance with the US, and remind countries. This if you want to continue accessing the US market, it is necessary to have better support.
