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    Home»Trending News»Trump sows confusion on tariffs for Canada and Mexico, floats 25% duty on EU goods
    Trending News

    Trump sows confusion on tariffs for Canada and Mexico, floats 25% duty on EU goods

    Ironside NewsBy Ironside NewsFebruary 27, 2025No Comments2 Mins Read
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    A European Fee spokesperson stated the EU “will react firmly and instantly towards unjustified obstacles to free and honest commerce,” together with for tariffs that problem authorized and non-discriminatory insurance policies.

    “The European Union is the world’s largest free market. And it has been a boon for the USA,” the spokesperson stated.

    Roberta Metsola, president of the European Parliament, was planning to satisfy with US lawmakers in Washington on Wednesday, however not with any Trump administration officers.

    NEW USTR CONFIRMED

    Additionally on Wednesday, the US Senate voted 56-43 to verify Greer as US Commerce Consultant, placing a veteran of the Republican president’s first-term commerce wars absolutely on the job.

    Greer, who served as chief of workers to former USTR Robert Lighthizer, received the help of 5 Democrats, together with each senators from Michigan, the centre of the US auto trade.

    Commerce teams welcomed Greer’s affirmation, lauding his dedication to consulting with trade and standing up for US companies, farmers and staff. “We share Ambassador Greer’s want for an energetic and pragmatic commerce coverage that creates US jobs and extra resilient provide chains,” stated Jake Colvin, president of the Nationwide International Commerce Council.

    Greer advised senators throughout his Senate affirmation listening to that he wished to shortly renegotiate the US-Mexico-Canada Settlement on commerce to make sure China doesn’t use it as a again door to the US market to keep away from different tariffs.

    “Proper out of the gate, I anticipate that we’ll be taking a second take a look at the USMCA,” Greer stated.

    Requested what modifications he wish to see within the pact, Greer zeroed in on additional tightening automotive content material guidelines.

    “I feel we should always take a look at the rule of origin for cars and aerospace and different issues to look and see if we have to have any form of restriction on content material or worth added from international international locations of concern, or non-market economies,” he stated, utilizing language that US commerce officers usually use to explain China.



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