US Trade Representative Greer on 15% Tariff, USMCA, EU Trade Deal

• The US plans to issue a proclamation to raise tariffs to 15% 'where appropriate' to maintain policy continuity.
• Ongoing Section 301 investigations are targeting unfair trade practices by countries like Brazil and China.
• Concerns exist regarding Mexico's discrimination against US energy producers and Canada's dairy access limitations under USMCA.
• The administration cites a 17% reduction in the trade deficit for goods from April to December 2025 and rising real wages and manufacturing expansion as signs of success.

The US Trade Representative discusses the administration's trade policy, including plans to raise tariffs to 15% where appropriate, aiming for continuity in policy. He highlights ongoing Section 301 investigations into countries like Brazil and China for unfair trade practices and expresses concerns about compliance with USMCA by Mexico and Canada. The administration views these actions as successful in reducing the trade deficit and boosting US manufacturing.