News

USTR Greer is on CNBC and says:

• We have other tools if the tariff ruling goes the other way, as well

• Received emails and texts from foreign officials saying, “we are just going to keep negotiating with you as before.”

• Monitoring Chinese compliance — or non-compliance — with trade agreements.

• Expressed concern over China’s non-compliance, stating it must be addressed.

• Holds daily calls with the Indian Trade Minister.

• Has meetings next week with officials from Malaysia, Vietnam, and the EU.

• Noted the lack of expected flow of critical minerals from China.

• Can expand Section 301 tariffs if needed.

• On trade deficit: China is the biggest problem,

• EU is close behind.

• Will meet with EU official next week

This article was written by Greg Michalowski at www.forexlive.com.

• China behaviour is completely unacceptable.
• We have other tools if the tariff ruling “goes the other way” as well.
• Tariffs litigation not hurting trade negotiations.
• I had emails and texts from foreign officials saying, “we’re just going to keep negotiating with you as before”.
• The US is very focused on monitoring China compliance on trade.
• Efforts for a Trump-Xi call ongoing.
• China slow on removing some tariffs countermeasures.
• We have a standing call with the Indian trade minister every day.
• We haven’t seen expected flow of China critical minerals.

This article was written by Giuseppe Dellamotta at www.forexlive.com.