Trump’s top trade official testifies to House lawmakers as massive tariffs go into effect
CNN
US Trade Representative Jamieson Greer is set to testify Wednesday to House Ways and Means Committee on President Donald Trump’s aggressive trade agenda as reciprocal tariffs go into effect.
US Trade Representative Jamieson Greer is set to testify Wednesday before the House Ways and Means Committee on President Donald Trump’s aggressive trade agenda as even higher tariffs go into effect for dozens of countries. Trade tensions between the US and China have also escalated sharply in recent days, with China the hardest hit from Trump’s latest tariffs, grappling with at least 104% in new duties, and Beijing retaliating swiftly Wednesday with 84% tariffs on US imports. Greer told Senate lawmakers on Tuesday that Trump’s blanket tariffs are necessary to combat the overall US trade deficit, even if the stock market languishes and long-time allies are caught in the crossfire. Trump’s top trade official said the tariffs aim to address foreign countries’ so-called non-trade barriers, which includes regulations that don’t favor US companies. This story is developing and will be updated.

US President Donald Trump has delighted American consumers and global investors with the possibility of a volte-face on China tariffs. But his surprise offer to de-escalate a simmering trade war has been greeted with suspicion and ridicule inside China, with Chinese online users deriding the mercurial leader as having “chickened out.”