LIVE US Senate | Rep. Horsford Calls Trump’s Tariff Rollout ‘Amateur Hour’ In Heated Exchange
US Trade Representative Jamieson Greer on Wednesday testified at a House hearing that he wasn’t aware of the pause until after it was announced.
Greer added he was aware the policy change was a possibility Wednesday morning, but when asked directly if he knew the policy was going into effect, he replied that the administration discusses “all kinds of policies.”
President Donald Trump announced a complete three-month pause on all the “reciprocal” tariffs that went into effect at midnight, with the exception of China, a stunning reversal from a president who had insisted historically high tariffs were here to stay.
But enormous tariffs will remain on China, the world’s second-largest economy. In fact, Trump said they will be increased to 125% from 104% after China announced additional retaliatory tariffs against the United States earlier Wednesday. All other countries that were subjected to reciprocal tariff rates Wednesday will see rates go back down to the universal 10% rate, he said.
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