US Trade Representative Affirms Commitment to US-EU Trade Deal Amid New Tariff Proposals
'Both sides are committed' to US-EU trade deal, US Trade Representative Jamieson Greer says
Image: France 24
In an interview, US Trade Representative Jamieson Greer emphasized a strong commitment from both the US and EU to the ongoing trade deal, despite new tariffs proposed on goods linked to forced labor. He noted challenges posed by Canada's trade retaliation and highlighted a significant reduction in the US trade deficit with China.
- 01Jamieson Greer, the US Trade Representative, stated that both the US and EU are committed to the trade deal despite new tariff proposals.
- 02The new tariffs target imports of goods produced using forced labor, which Greer believes will not hinder compliance efforts.
- 03Greer mentioned that Canada's retaliation against US trade policies complicates formal negotiations.
- 04Since the implementation of new US trade policies under President Donald Trump, the trade deficit with China has decreased by 30 percent.
- 05Greer expressed optimism about the potential for continued compliance with the trade deal.
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In a recent interview with FRANCE 24, US Trade Representative Jamieson Greer reaffirmed the commitment of both the United States and the European Union to their ongoing trade deal, despite the introduction of new tariffs aimed at imports linked to forced labor. Greer acknowledged the challenges posed by Canada's retaliatory measures against US trade policies, which he indicated have made formal negotiations more complex. However, he expressed confidence in the capacity for both sides to continue working towards compliance with the trade agreement. Notably, Greer highlighted a significant 30 percent reduction in the US trade deficit with China since the new trade policies were enacted under the Trump administration. This statistic underscores the potential effectiveness of the US's approach to international trade, even as new tariffs are introduced. Greer’s remarks reflect a broader strategy to navigate complex international trade dynamics while maintaining strong commitments to existing agreements.
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Changes in trade policies and tariffs may affect prices and availability of imported goods in the US and EU markets.
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